Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 5 of 5 for “"Asymmetric timeliness"”.
-
Does accounting quality mitigate risk shifting?
… that are detrimental to debt holders. I use asymmetric timeliness to proxy for a dimension of accounting quality that is particularly useful to debt holders. Asymmetric timeliness is expected to improve debt holders' ability to effectively monitor the management's actions and to discipline …
-
Investment dynamics and the timeliness properties of accounting numbers
… using a real investment framework that predicts asymmetric timeliness of both investment and its outcomes (i.e. sales, earnings and operating cash flows) even in the absence of conservative accounting. In particular, I predict and find that firms are able to react more quickly to negative …
-
Macroeconomic consequences of accounting : the effect of accounting conservatism on macroeconomic indicators and the money supply
This study investigates the macroeconomic consequences of firm-level accounting conservatism. Consistent with conditional conservatism extending to the aggregate level, I demonstrate that annual estimates of aggregate corporate profits and gross domestic product from 1929 to 2007 compiled by the …
-
Accounting conservatism, earnings components and accounting losses
… show that operating cash flows exhibit low timeliness overall and, given that they contain no accruals, no asymmetry in reflecting bad news. Earnings figures with more accruals exhibit more asymmetry in reflecting bad news. Working capital accruals and special items are important in this …
-
Corporate governance, conservatism and firm performance: Evidence from China
… methods are used to measure conservatism: asymmetric timeliness developed by Basu (1997) and accrual-based method produced by Givoly and Hayn (2000). Two accounting-based performance measures (return on equity and net profit margin), and a market-based indicator (market to book ratio) are …