increased their net worth by raising more equity. We also find, however, that firms changed their accounting practices, as … reflected by an increase in long-term discretionary accruals and a decrease in accounting conservatism. As a result of these … accounting changes, we document a decline in the informativeness of the treated firms’ financial reports. We conclude that the …

accrual to the relevance of accounting information. Data analysis technique used is regression analysis with moderating …

Accounting information is used for both internal and external purposes. The internal information is mainly directed at … of accounting information. More specifically, the semantic aspects of information are glaringly absent. That is, its … of the control measures that should be taken to satisfy the quality demands of the end users of accounting information …

validity test on accounting research. If the economic magnitude of the study's proxy for quality on firm value is “too large …

accounting conservatism) and for an aggregated measure for the previous three proxies of FRQ. The empirical evidence shows that … of IFRS, the accounting system used in the country and the influence of the economic cycle. …

We study the information consequences of conservatism in accounting. Prior research shows that information asymmetries …

mechanism that induces managers to pay dividends by disciplining free cash flow problems. Our findings support the view that …