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 …

We investigate changes in the quality and cost of audit services surrounding PCAOB Rule
3211, which requires disclosure of audit partner names in Form AP. To isolate changes due …

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 …

Political uncertainty leads to greater information asymmetry among contracting parties to the
firm, resulting in an increased demand for accounting conservatism. Exploiting the …

By analyzing a large panel of elections in 55 countries, we show that political uncertainty
surrounding elections can affect asymmetric cost responses to activity changes (ie, cost …

We examine the impact of conditional conservatism on earnings management. Our findings
support the view that conditional conservatism reduces accruals-based earnings …

We analyze whether the passage of a Norwegian law requiring a minimum of a 40 percent
of women on the boards of public firms affected financial reporting quality. Our results are …

The economic role of an accounting regime is to increase welfare through its effects—in
conjunction with complementary institutions—on firm and household behavior. I review three …

This study evaluates how accounting researchers analyze and report null outcomes based
on an examination of recent accounting research publications. As null outcomes fail to …

We study whether public announcements (through delisting warnings) of financial distress of
some firms in an industry affect the conditional accounting conservatism of intra-industry non …