Accounting conservatism and corporate governance

By Juan Manuel García Lara, Beatriz García Osma, Fernando Penalva. 2009

569 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/242c58f8a0c57d0709eb7473005a4976ff39f785

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Citations in the corpus

Evidence on the Role of Accounting Conservatism in Monitoring Managers' Investment Decisions (2011, background): “2 Additionally, Garcia Lara et al. (2010) find evidence of a positive relation between conditional conservatism and future profitability as measured by returns and profit margin.”
Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism (2013, unknown): “43 See Gigler and Hemmer (2001), Richardson and Tinaikar (2004), Beaver and Ryan (2005), Price (2005), Pae, Thornton, and Welker (2005), Givoly, Hayn, and Natarajan (2007), and Roychowdhury and Watts (2007).”
The Economic Determinants of Conditional Conservatism (2009, unknown): “…Fulbier and Sellhorn (2006), Bushman and Piotroski (2006), Roychowdhury and Watts (2007), Ball et al. (2008), LaFond and Watts (2008) and García Lara et al. (2008) among others. that the Basu measure correctly picks up changes in conditional conservatism despite recent published…”
Conditional conservatism and the limits to earnings management (2020, unknown): “Second, we analyze whether managers in more conservative firms resort to real earnings management to accrue the benefits of earnings management without risking losing the contracting benefits that they enjoy because of 2 See, for example, Ahmed et al. (2002), Zhang (2008), Wittenberg-Moerman (2008),”
The Adoption of IFRS 3: The Effects of Managerial Discretion and Stock Market Reactions (2011, background): “All accounting systems exhibit conservatism to some degree and there are known systematic variations across firms depending on institutional (e.g. Ball et al., 2000) and corporate governance factors (LaFond and Roychowdhury, 2008; Garcı́a Lara et al., 2007; 2008).”
The implications of research on accounting conservatism for accounting standard setting (2015, background): “Giner and Rees (2001) and Garcı́a Lara and Mora (2004) also compare the level of unconditional conservatism in UK against European code law countries and find that unconditional conservatism is greater in code law European countries than in the UK.”
Political Uncertainty and Accounting Conservatism (2013, unknown): “Second, previous studies such as Ahmed and Duellman (2007) and García Lara et al. (2009) who find a positive association between governance and conservatism take agency costs as given, while we provide a new piece of evidence on the governance-conservatism relation in a setting where there is an…”
The Benefits of Conservative Accounting to Shareholders: Evidence from the Financial Crisis (2013, unknown): “On one hand, Watts (2003a), LaFond and Watts (2008), LaFond and Roychowdhury (2008), and others point out that under information asymmetry, executives have the incentive to overstate the value of net assets and earnings so as to maximize their personal benefits due to the separation between ownershi”
The Monitoring Role of Female Directors Over Accounting Quality (2017, unknown): “We find that firms with a larger percentage of women among independent directors show 3 See, e.g., Armstrong et al. (2014), Beekes et al. (2004), García Lara et al. (2009), Klein (2002), Peasnell et al. (2005), and Xie et al. (2003). improved accounting numbers.”
Conditional conservatism and cost of capital (2011, methodology): “…shows that conditional conservatism is associated to positive economic outcomes: lower information asymmetry problems (LaFond and Watts 2008), improved investment efficiency (Bushman et al. 2007; Ahmed and Duellman 2008), and better governance (Ahmed and Duellman 2007; Garcia Lara et al. 2009a).”
Earnings quality in ex‐post failed firms (2009, background): “…as a response to investors demands, who consider it as a desirable property of earnings (Beekes et al., 2004; Ahmed and Duellman, 2007; García Lara et al., 2007, 2009); and (3) recent research shows that conditionally conservative accounting leads to positive economic outcomes such as an…”