Accounting conservatism is one of the most important properties of financial reporting. The
goal of this article is to gain a better understanding of accounting conservatism. We explicate …

This study explores the impact of digital finance on bankruptcy risk in Chinese A-share listed
firms. Using the digital finance index developed by PKU-DFIIC to measure the degree of …

We provide new evidence on the agency theory of corporate tax avoidance (;;) by showing
that increases in institutional ownership are associated with increases in tax avoidance …

To combat tax avoidance by multinational corporations, the Organisation for Economic Co‐
operation and Development introduced country‐by‐country reporting (CbCr), requiring firms …

This paper surveys both the theoretical and the empirical archival literature on conservatism
when accounting information is used for debt contracting. The theoretical literature shows …

Using seasoned equity offerings (SEOs) from 1989 to 2008, we examine the role of
accounting conservatism in the equity market. We find that issuers with a greater degree of …

This paper examines the effect of accounting conservatism on firm‐level investment during
the 2007–2008 global financial crisis. Using a differences‐in‐differences design, we find …

This paper formalizes a two-step representation of accounting measurement and uses it to
formalize a general rationale for conservatism as a measurement principle. A transaction's …

This paper provides a commentary on the academic literature on accounting conservatism
with a view to highlighting the insights of that literature that are potentially useful for …

For a large sample of US listed firms, we find that unconditional and conditional accounting
conservatism help lower bankruptcy risk. We further find that the mitigating effect of …