This paper examines the role of conditional accounting conservatism in mitigating the cost of
equity and debt capital in an international setting. The findings are that firms domiciled in …

The accounting profession is facing a credibility crisis precipitated by the failure of several
high-profile companies and the alleged failure of their auditors to detect and persuade their …

Research on firm performance and corporate social performance (CSP) has recently
broadened to concurrently evaluate corporate social irresponsibility (CSI) with corporate …

This paper is the first in a two‐part series on conservatism in accounting. Part I examines
alternative explanations for conservatism in accounting and their implications for accounting …

Interest in corporate social responsibility (CSR) information has increased in recent years.
This has led companies to set aside the classic economic view and to adopt the 'triple …

This paper is Part II in a two part series on conservatism in accounting. Part I examines
alternative explanations for conservatism in accounting and their implications for accounting …

We develop a model that captures the distinct natures of and interactions between
conditional and unconditional conservatism. Under unconditional conservatism, the book …

For stakeholders, such as investors and lenders, to appropriately assess a company's
financial performance, the reported accounting earnings must closely reflect the economic …

We argue that a firm's suppliers and customers prefer it to account more conservatively due
to information asymmetry and these stakeholders' asymmetric payoffs with respect to the …

The paper examines the power and reliability of the differential timeliness (DT) measure
developed by Basu (1997) to gauge reporting conservatism. We identify certain …