This study explores the level of unconditional conservatism (UNCC) in accounting after China's convergence with …

significant relationship between managerial entrenchment and unconditional conservatism presented in the income statement …. Moreover, the authors find a meaningful relationship between managerial entrenchment and unconditional conservatism about the …

We investigate the economic consequences of both conditional conservatism and unconditional conservatism from the …, firms with a high level of unconditional conservatism are more likely to make a relatively large amount of investments, and … these investments tend to have high risk. These findings indicate that higher levels of unconditional conservatism more …

into Conditional Conservatism（CC）and Unconditional Conservatism（UCC）. So we consider that economical function of both …