Bona-Sanchez, Carolina; Perez-Aleman, Jeronimo; … - In: European Accounting Review 20 (2011) 1, pp. 57-80
In this paper we analyze whether the extent of timely recognition of unrealized losses into earnings shown by firms with a controlling owner depends on (1) the ownership share of the controlling owner and (2) the divergence between the controlling owner's voting and cash flow rights. Our results...