We analyze a model of voluntary disclosure where investors impose a discount for
uncertainty about firm value. We find that a commitment to conservative reporting, defined as …

Im 1. Kapitel: Einführung und institutionelle Grundlagen wurde dargestellt, dass die
gegenwärtige Diskussion im externen Rechnungswesen insbesondere dessen Rolle als …

This monograph reviews economic models that study earnings management and
conservatism in an information economics framework. Both introduce a deliberate or a …

This paper examines the role of conservatism when an agent can manipulate upcoming
earnings before all uncertainty is resolved. An increase in conservatism, by reducing the …

We examine the effects of accounting standards and regulatory enforcement on
entrepreneurial innovation and social welfare. When the entrepreneur issues a financial …

This monograph provides a structured overview of costing system research that can explain
the variation in the characteristics and properties of costing systems found in practice based …

This paper describes recent regulatory changes in the European Union to illustrate
opportunities for research in management accounting. Issues are whether a regulation is …

Although internal control over financial reporting has gained increasing regulatory attention,
its enforcement is far from perfect; thus, firm‐specific incentives to management become …

This paper studies qualitative characteristics of accounting systems that are used in debt
financing. We consider a financially constrained firm that provides to lenders information on …

Financial accounting is a heavily regulated area in modern economies. Financial accounting
standards have grown steadily and describe in great detail the financial statement …