The Basu Measure as an Indicator of Conditional Conservatism: Evidence from UK Earnings Components
نویسندگان
چکیده
منابع مشابه
Investigation of Rational Pricing of Cash and Accruals Components the Earnings Considering the Moderating Effect of Conservatism
Abstract Accounting earning and its components are the most important accounting items in stock pricing. If investors do not achieve abnormal returns using this information, the capital market is said to have acted efficiently in reflecting accounting earning information in stock pricing. In other words, pricing stocks is rational. The purpose of this study is to investigate the market re...
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According to a method of earnings management activities that administrators can manage reported earnings from the definition of real activity. In particular they can be located across time and activities in a way that accounting period to achieve a certain revenue target. Conservative attitudes of auditors in presenting their views about the independence of the auditor can considered as a remar...
متن کاملAn Analytical and Empirical Measure of the Degree of Conditional Conservatism
The Vuolteenaho (2002) return decomposition is linear because it assumes that the market’s return expectations are obtained solely from accounting information. By restricting accounting recognition rules to specific (and primarily) negative future cash flow shocks, conservative accounting drives a wedge between the market’s return expectations that are based upon all positive and negative cash ...
متن کاملconservatism and the informational content of earnings
this paper examines the relationship between accounting conservatism and informational content of earnings using data of 167 firms listed on the tehran stock exchange during 2004-2013. accounting conservatism is measured based on khan and watts' (2009) model and feltham and ohlsson (1995) price model and easton and hariss (1991) return models were used to evaluate the informational content...
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ژورنال
عنوان ژورنال: European Accounting Review
سال: 2012
ISSN: 0963-8180,1468-4497
DOI: 10.1080/09638180.2011.558296