Conditional and Unconditional Conservatism Implications for Accounting Based Valuation and Risky Projects /

• Main Author: Nasev, Julia (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Gabler, 2009.
• Subjects: Accounting.; Bookkeeping.; Finance.; Public finance.; Economics.; Public Economics.; Finance, general.; Accounting/Auditing.

At the heart of the current debate on financial reporting standards is conservatism. It is one of the oldest principles in accounting. Most obviously, conservatism is reflected in high market-to-book ratios indicating that accounting measurement understates book value relative to market value. Julia...

Table of Contents:

• Linear Information Models: The Effect of Unconditional Conservatism
• Linear Information Models: The Effect of Conditional Conservatism
• The Link between Conditional Conservatism and Cost Stickiness
• Conclusions.