期刊名称：International Journal of Business and Management
印刷版ISSN：1833-3850
电子版ISSN：1833-8119
出版年度：2008
卷号：3
期号：10
页码：113
语种：English
出版社：Canadian Center of Science and Education
摘要：A large body of accounting research in the past has documented the existence of conservatism and timeliness of income recognition as distinct factors which affect the returns-earnings relation. However, earnings are not the only measure of financial performance that is affected by conservatism. The aim of this paper is to examine the impact of conservatism on accrual measures and drivers, in the Greek capital market between 1998 and 2004. Results indicated that conservatism has a significant impact on accrual measures (Total and non-discretionary accruals) but not on accrual drivers (earnings, sales, change in sales and property, plant and equipment). These findings suggest that common accrual models are misspecified, thus future research must consider the impact of conservatism in accrual models.
Loading...
