...Mahnaz Paydarzarnaghi; J. David Diltz; Salil K. Sarkar Purpose Following an extensive body of research that analyzes accounting conservatism using financial statement data, we examine the text of corporate disclosures to determine whether textual analysis can provide insight into the degree...

...Wei Huang; Rui-Zhong (R.Z.) Zhang Purpose This study examines the implications of real asset liquidity for accounting conservatism. We investigate whether the liquidity of a firm’s physical assets mitigates lenders’ demand for conservatism by increasing the amount lenders can recover if the firm...

...Minyoung Noh; Jimi Park; Shijin Yoo Purpose The authors examine how a firm's strategic emphasis (SE) on value appropriation (VA) over value creation (VC) is associated with accounting conservatism. Design/methodology/approach To examine the effect of SE on a firm's adoption of conservative...

...Stoyu I. Ivanov; Matthew Faulkner Purpose Small firms, which represent much of the Silicon Valley region, tend to experience losses due to their small scale, small customer base and lack of diversification. The authors study the impact of accounting conservatism and losses on firm value...