a firm's corporate social responsibility (CSR) reporting reflects its corporate values and ethical concerns, therefore … better CSR reporting, the relationship between RPTs and firm value becomes more positive. This is in line with the view that … CSR reporting, which reflects firms’ ethical concerns, may serve as a mechanism against managers' opportunism. However, we …

This paper investigates the factors affecting the conservatism of accounting reports at the market-level and firm …-level. At the market-level, law and institutional factors explain conservatism, while at the firm-level contracting is the … driver. We predict and observe that while both levels jointly affect conservatism, it is firm-level factors that play a …