Sun, Jerry; Liu, Guoping - In: Managerial Finance 37 (2011) January, pp. 5-20
Purpose – The purpose of this paper is to examine whether high analyst coverage increases or decreases accounting conservatism. Design/methodology/approach – Sample firms were selected from the Compustat and I/B/E/S databases for years 1989-2006. The authors used both accrual-based and...