This paper empirically tests the relation between a firm’s degree of accounting conservatism and its level of operating risk. This paper constitutes the first empirical study in the accounting literature to test the risk signaling theory of accounting conservatism which is recently proposed by Wang, O hOgartaigh and van Zijl (2010), who argue that a firm optimally selects a degree of accounting ...
| Year of publication: |
2013
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|---|---|
| Authors: | Wang, Richard Zhe |
| Published in: |
The International Journal of Business and Finance Research. - Vol. 7.2013, 1, p. 55-68
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| Subject: | Accounting Conservatism | Asymmetric Timeliness of Earnings | Basu Measure | Risk | Asset Volatility |
| Extent: | application/pdf |
|---|---|
| Type of publication: | Article |
| Classification: | G14 - Information and Market Efficiency; Event Studies ; M40 - Accounting and Auditing. General ; M41 - Accounting |
| Source: |
Persistent link: https://www.econbiz.de/10011143917