... governments. In investigating the channels through which political connections affect stock crash risk, we found that political connections can increase the rate at which companies react to bad news, thereby curbing the stock price crash risk. Political connections Accounting conservatism Fiscal...

... at: luogy@mcmaster.ca © Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only Accounting conservatism Survival Competitive securities market Earnings fixated traders Irrational traders Underestimation of risk The notion of earnings fixated traders...

...Xiaodong Xu; Xia Wang; Nina Han Purpose The purpose of this paper is to analyze and examine the role of accounting conservatism on firm investment behavior in China. Design/methodology/approach By combining a developed theoretical framework and empirical study, this paper examines the impacts...