This study examines the contracting benefits of accounting conservatism on international debt and equity markets. Results show that firms domiciled in countries with more conservative financial reporting systems have significantly lower cost of debt and equity capital, after controlling for differences in legal institutions and securities regulations. I use one-year-ahead interest rate to measu...

Climatic niche conservatism, the tendency of species-climate associations to remain unchanged across space and time, is pivotal for forecasting the spread of invasive species and biodiversity changes. Indeed, it represents one of the key assumptions underlying species distribution models (SDMs), the main tool currently available for predicting range shifts of species. However, to date, no compr...

Because of the well-known difficulties of exact real/mixed p computation [19, 16, 31, efficiently computable upper bound tests are of great importance for both p analysis and synthesis. However, another important issue is the introduced conservatism, and in this paper, we consider the worst case conservatism of these efficiently computable upper bound tests for real/mixed p analysis. It shown t...

Recent studies show that regression-based estimates of accounting conservatism reflect both differences in the asymmetric recognition of bad news and differences in asset composition. In particular, a firm’s market value and returns reflect both assetsin-place and expected future rents, while book values tend to reflect only assets-in-place. We propose two tests that remove the effect of asset ...

Analyzing political conservatism as motivated social cognition integrates theories of personality (authoritarianism, dogmatism-intolerance of ambiguity), epistemic and existential needs (for closure, regulatory focus, terror management), and ideological rationalization (social dominance, system justification). A meta-analysis (88 samples, 12 countries, 22,818 cases) confirms that several psycho...

The quality of financial statements can be seen through the characteristics adopted, one which is conservatism. In addition to conservatism, Corporate Social Responsibility (CSR) also a form company's commitment all stakeholders. This study aims examine relationship between conservatism and CSR performance, moderated by concentration ownership macroeconomic conditions. research population busin...