Managerial Ownership and Accounting Conservatism: conservatism and ownership

By Ryan Lafond, S. Roychowdhury. 2008

620 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2b205d4c17180dcb1a3e8e3cdc0f67628dc4655d

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Citations in the corpus

The effects of financial reporting and disclosure on corporate investment: A review (2019, positive): “More recently, Lawrence et al. (2018) argue that Basu’s (1997) measure of timely loss recognition can also capture managers’ curtailment of underperforming operations, a phenomenon discussed in Hayn (1995) as managers’ exercise the option to abandon poorly performing investments.”
Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism (2015, positive): “Following prior studies, such as Ahmed et al. (2002), Ahmed and Duellman (2007), and LaFond and Roychowdhury (2008), we include the following firm-level control variables in our regressions: Log(Asset) - the natural log of total assets; Profitability - earnings before interest, taxes, and…”
CEO Gender, Ethical Leadership, and Accounting Conservatism (2015, positive): “…indicate that accounting conservatism effectively modulates moral hazard problems among managers, debtholders, and shareholders (Ahmed et al. 2002; Lafond and Roychowdhury 2008); helps in reducing information asymmetry (Hu et al. 2013; LaFond and Watts 2008); and protects shareholder interests by…”
The role of information asymmetry and financial reporting quality in debt trading: Evidence from the secondary loan market $ (2008, neutral): “This reduces managers’ incentives to transfer wealth to themselves either from debt holders or from the firm as a whole (Ball 2001, Watts 2003, Roychowdhury and Watts, 2007, LaFond and Roychowdhury, 2008).”
Political Uncertainty and Accounting Conservatism (2013, positive): “Recent studies on conservatism include Ball and Shivakumar (2005), Ahmed and Duellman (2007), LaFond and Roychowdhury (2008), and LaFond and Watts (2008). beyond the scrutiny role of the political process (political cost hypothesis), we document another channel associated with political…”
The Adoption of IFRS 3: The Effects of Managerial Discretion and Stock Market Reactions (2011, positive): “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).”
Earnings Restatements and Differential Timeliness of Accounting Conservatism (2012, positive): “Following LaFond and Roychowdhury (2008) and LaFond and Watts (2008), we control for variation of conservatism due to firm size, leverage, market-to-book ratio, and litigation risk.”
Large controlling shareholders and stock price synchronicity (2014, positive): “…(Warfield et al., 1995), earnings informativeness (Fan and Wong, 2002), analyst following (Lang et al., 2004; Boubaker and Labégorre, 2008), accounting conservatism (Lafond and Roychowdhury, 2008), and the cost of corporate borrowing (Boubakri and Ghouma, 2010; Lin et al., 2011), among others.”
Corporate Suppliers and Customers and Accounting Conservatism (2012, positive): “We control for Size (measured as the market value of the firm) because prior studies show that large firms report less conservatively (Giner and Rees, 2001; LaFond and Watts, 2008; LaFond and Roychowdhury, 2008).”
Does Accounting Quality Change Following a Switch from U.S. GAAP to IFRS? Evidence from Germany (2012, neutral): “Prior research also finds that the market-to-book ratio can impact accounting conservatism (LaFond and Roychowdhury, 2008; Khan and Watts, 2009).”