Accounting Conservatism:A Study of Market-Level and Firm-Level Explanatory Factors

被引：1

作者：

Jingjing Xu ^{[1
]}

Changjiang Lu ^{[1
]}

机构：

[1] Management School of Fudan University

来源：

China Journal of Accounting Research | 2008年 / 01期

关键词：

Accounting Conservatism; market-level; firm-level; A-share companies; H-share companies; red chip companies; China; Hong Kong;

D O I：

暂无

中图分类号：

F233 [会计工作组织与制度];

学科分类号：

1202 ; 120201 ;

摘要：

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 dominant role. The conclusion suggests that it is more effective to improve the quality of accounting reports by motivating the firm’s own demand rather than through listing in a developed capital market.

引用

页码：11 / 29

页数：19

共 14 条

[1] 公司治理机制对会计稳健性影响之实证研究 [J].

刘凤委 ;

汪扬 .

上海立信会计学院学报, 2006, (03) :16-22

[2] 国有企业中的薪酬管制与在职消费 [J].

陈冬华 ;

陈信元 ;

万华林 .

经济研究, 2005, (02) :92-101

[3]

Accounting conservatism and board of director characteristics: An empirical analysis[J] . Anwer S. Ahmed,Scott Duellman.Journal of Accounting and Economics . 2007 (2)

[4]

Discussion of an economic framework for conservative accounting and Bushman and Piotroski (2006)[J] . Wayne Guay,Robert Verrecchia.Journal of Accounting and Economics . 2006 (1)

[5]

Financial reporting incentives for conservative accounting: The influence of legal and political institutions[J] . Robert M. Bushman,Joseph D. Piotroski.Journal of Accounting and Economics . 2006 (1)

[6]

Earnings quality in UK private firms: comparative loss recognition timeliness[J] . Ray Ball,Lakshmanan Shivakumar.Journal of Accounting and Economics . 2004 (1)

[7]

The Link Between Earnings Timeliness, Earnings Conservatism and Board Composition: evidence from the UK[J] . WendyBeekes,PeterPope,StevenYoung.Corporate Governance: An International Review . 2004 (1)

[8]

Incentives versus standards: properties of accounting income in four East Asian countries[J] . Ray Ball,Ashok Robin,Joanna Shuang Wu.Journal of Accounting and Economics . 2003 (1)

[9] The role of accounting conservatism in mitigating bondholder-shareholder conflicts over dividend policy and in reducing debt costs [J].

Ahmed, AS ;

Billings, BK ;

Morton, RM ;

Stanford-Harris, M .

ACCOUNTING REVIEW, 2002, 77 (04) :867-890

[10]

The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative?[J] . Dan Givoly,Carla Hayn.Journal of Accounting and Economics . 2000 (3)

← 1 2 →