How to cite this paper
Hassan, N. (2021). Accounting conservatism: Does business strategy and investment level matter?.Accounting, 7(4), 709-718.
Refrences
Ahmed, A. S., Billings, B. K., Morton, R. M., & Stanford‐Harris, M. (2002). The role of accounting conservatism in mitigating bondholder‐shareholder conflicts over dividend policy and in reducing debt costs. The Accounting Review, 77(4), 867-890.
Ashbaugh‐Skaife, H., Collins, D. W., Kinney Jr, W. R., & LaFond, R. (2009). The effect of SOX internal control deficiencies on firm risk and cost of equity. Journal of Accounting Research, 47(1), 1-43.
Balakrishnan, K., Watts, R., & Zuo, L. (2016). The effect of accounting conservatism on corporate investment during the global financial crisis. Journal of Business Finance & Accounting, 43(5-6), 513-542.
Beatty, A., Weber, J., & Yu, J. J. (2008). Conservatism and debt. Journal of accounting and economics, 45(2-3), 154-174.
Bentley-Goode, K. A., Newton, N. J., & Thompson, A. M. (2017). Business strategy, internal control over financial reporting, and audit reporting quality. Auditing: A Journal of Practice & Theory, 36(4), 49-69.
Bentley, K. A., Omer, T. C., & Sharp, N. Y. (2013). Business strategy, financial reporting irregularities, and audit effort. Contemporary Accounting Research, 30(2), 780-817.
Brynjolfsson, E., & Milgrom, P. (2013). Complementarity in organizations. The handbook of organizational economics, 11-55.
Chiou, B. H., & Chang, S. H. (2020). Influence of Investment Efficiency by Managers and Accounting Conservatism on Idiosyncratic Risks to Investors. Advances in Management and Applied Economics, 10(1), 105-133.
Dhaliwal, D., Hogan, C., Trezevant, R., & Wilkins, M. (2011). Internal control disclosures, monitoring, and the cost of debt. The Accounting Review, 86(4), 1131-1156.
Donovan, J., Frankel, R. M., & Martin, X. (2015). Accounting conservatism and creditor recovery rate. The Accounting Review, 90(6), 2267-2303.
Financial Accounting Standards Board (FASB), (2010), Statement of Financial Accounting Concepts No.8, Conceptual Framework for Financial Reporting, Chapter 1, The Objective of General Purpose Financial Reporting, and Chapter 3, Qualitative Characteristics of Useful Financial Information, FASB.
Gigler, F., Kanodia, C., Sapra, H., & Venugopalan, R. (2009). Accounting conservatism and the efficiency of debt contracts. Journal of Accounting Research, 47(3), 767-797.
Gormley, T. A., Kim, B. H., & Martin, X. (2012). Do firms adjust their timely loss recognition in response to changes in the banking industry?. Journal of Accounting Research, 50(1), 159-196.
Govindarajan, V. (1986). Decentralization, strategy, and effectiveness of strategic business units in multibusiness organizations. Academy of Management Review, 11(4), 844-856.
Govindarajan, V. (1988). A contingency approach to strategy implementation at the business-unit level: integrating administrative mechanisms with strategy. Academy of management Journal, 31(4), 828-853.
Goex, R. F., & Wagenhofer, A. (2009). Optimal impairment rules. Journal of Accounting and Economics, 48(1), 2-16.
Gupta, A. K. (1986). Matching managers to strategies: Point and counterpoint. Human Resource Management, 25(2), 215-234.
Hansen, L. P. & Sargent, T. J. (2008). Robustness. Princeton, NJ, Princeton University Press.
Haw, I. M., Lee, J. J., & Lee, W. J. (2014). Debt financing and accounting conservatism in private firms. Contemporary Accounting Research, 31(4), 1220-1259.
Heinsalu, S. (2012). Equivalence of the information structure with unawareness to the logic of awareness. Journal of Economic Theory, 147(6), 2453 - 2468.
Hong, H. A., Kim, Y., & Lobo, G. J. (2019). Does Financial Reporting Conservatism Mitigate Underinvestment?. Journal of Accounting, Auditing & Finance, 34(2), 258-283.
Houqe, M. N., Kerr, R., & Monem, R. (2013). Business strategy and earnings quality.
Hsieh, C. C., Ma, Z., & Novoselov, K. E. (2019). Accounting conservatism, business strategy, and ambiguity. Accounting, Organizations and Society, 74, 41-55.
Huang, X. (2019), Corporate Strategic Difference, High Audit Quality and Earnings Quality, 9th International Conference on Education and Social Science (ICESS 2019).
Hui, K. W., Klasa, S., & Yeung, P. E. (2012). Corporate suppliers and customers and accounting conservatism. Journal of Accounting and Economics, 53(1-2), 115-135.
Imhof, M. J. (2014). Timely loss recognition, agency costs and the cash flow sensitivity of firm investment. Academy of Accounting and Financial Studies Journal, 18(3), 45.
International Accounting Standards Board (IASB), (2010), Conceptual Framework for Financial Reporting 2010, IASB.
Ishida, S., & Ito, K. (2014). The effect of accounting conservatism on corporate investment behavior. In International Perspectives on Accounting and Corporate Behavior (pp. 59-80). Springer, Tokyo.
Ittner, C. D., Larcker, D. F., & Rajan, M. V. (1997). The choice of performance measures in annual bonus contracts. Accounting Review, 72(2), 231-255.
Ji, S. H., & Ryu, Y. R. (2019). Investment tendency of foreign investor and accounting conservatism. Journal of Digital Convergence, 17(3), 153-160.
Kim, S. R. N., Yang, D. H., & Cho, K. H. (2011). The impact of the agency cost on accounting conservatism. Korean Accounting Review, 36(3), 65-102.
Kravet, T. D. (2014). Accounting conservatism and managerial risk-taking: Corporate acquisitions. Journal of Accounting and Economics, 57(2-3), 218-240.
Lan, B. & Yang, F. (2014). Debt Contract and Earnings Management. Journal of Research on Financial and Economic Issues, 2, 102-107.
Lin, Y. E., Li, Y. W., Cheng, T. Y., & Lam, K. (2021). Corporate social responsibility and investment efficiency: Does business strategy matter?. International Review of Financial Analysis, 73, 101585.
Luo, Y., & Chen, M. (1997). Business Strategy, Investment Strategy, and Performance of International Joint Ventures. Cooperative Strategies: Asian Pacific Perspectives, (3), 341.
Miller, D. (1988). Relating Porter's business strategies to environment and structure: Analysis and performance implications. Academy of management Journal, 31(2), 280-308.
Miller, D., Dröge, C., & Toulouse, J. M. (1988). Strategic process and content as mediators between organizational context and structure. Academy of Management Journal, 31(3), 544-569.
Nakano, M., Otsubo, F., & Takasu, Y. (2014). Effects of accounting conservatism on corporate investment levels, risk taking, and shareholder value (No. 14-E-10). Institute for Monetary and Economic Studies, Bank of Japan.
Navissi, F., Sridharan, V. G., Khedmati, M., Lim, E. K., & Evdokimov, E. (2017). Business strategy, over-(under-) investment, and managerial compensation. Journal of Management Accounting Research, 29(2), 63-86.
Nikolaev, V. V. (2010). Debt covenants and accounting conservatism. Journal of Accounting Research, 48(1), 137-176.
Roy, B. (2010), Robustness in operational research and decision aiding, A multifaceted issue. European Journal of Operational Research, 200(3), 629 - 638.
Simons, R. (1987), Accounting control systems and business strategy, An empirical analysis. Accounting, Organizations and Society, 12, 357-374.
Tan, L. (2013). Creditor control rights, state of nature verification, and financial reporting conservatism. Journal of Accounting and Economics, 55(1), 1-22.
Wang, R. (2018). Strategic Deviance and Accounting Conservatism. American Journal of Industrial and Business Management, 8(05), 1197.
Wang, X., & Zhao, X. (2018, May). Corporate Strategy and Earnings Management. In 2018 International Conference on Advances in Social Sciences and Sustainable Development (ASSSD 2018) (pp. 243-246). Atlantis Press.
Wittenberg-Moerman, R. (2008). The role of information asymmetry and financial reporting quality in debt trading: Evidence from the secondary loan market. Journal of Accounting and Economics, 46(2-3), 240-260.
Wu, P., Gao, L., & Gu, T. (2015). Business strategy, market competition and earnings management. Chinese Management Studies, 9(3), 401..
Zhang, J. (2008). The contracting benefits of accounting conservatism to lenders and borrowers. Journal of accounting and economics, 45(1), 27-54.
Zhang, R. & Xu, F. (2019). Corporate Strategy, Executive Compensation Incentives and Earnings Management. Finance, 9(1), 1-10.
Ashbaugh‐Skaife, H., Collins, D. W., Kinney Jr, W. R., & LaFond, R. (2009). The effect of SOX internal control deficiencies on firm risk and cost of equity. Journal of Accounting Research, 47(1), 1-43.
Balakrishnan, K., Watts, R., & Zuo, L. (2016). The effect of accounting conservatism on corporate investment during the global financial crisis. Journal of Business Finance & Accounting, 43(5-6), 513-542.
Beatty, A., Weber, J., & Yu, J. J. (2008). Conservatism and debt. Journal of accounting and economics, 45(2-3), 154-174.
Bentley-Goode, K. A., Newton, N. J., & Thompson, A. M. (2017). Business strategy, internal control over financial reporting, and audit reporting quality. Auditing: A Journal of Practice & Theory, 36(4), 49-69.
Bentley, K. A., Omer, T. C., & Sharp, N. Y. (2013). Business strategy, financial reporting irregularities, and audit effort. Contemporary Accounting Research, 30(2), 780-817.
Brynjolfsson, E., & Milgrom, P. (2013). Complementarity in organizations. The handbook of organizational economics, 11-55.
Chiou, B. H., & Chang, S. H. (2020). Influence of Investment Efficiency by Managers and Accounting Conservatism on Idiosyncratic Risks to Investors. Advances in Management and Applied Economics, 10(1), 105-133.
Dhaliwal, D., Hogan, C., Trezevant, R., & Wilkins, M. (2011). Internal control disclosures, monitoring, and the cost of debt. The Accounting Review, 86(4), 1131-1156.
Donovan, J., Frankel, R. M., & Martin, X. (2015). Accounting conservatism and creditor recovery rate. The Accounting Review, 90(6), 2267-2303.
Financial Accounting Standards Board (FASB), (2010), Statement of Financial Accounting Concepts No.8, Conceptual Framework for Financial Reporting, Chapter 1, The Objective of General Purpose Financial Reporting, and Chapter 3, Qualitative Characteristics of Useful Financial Information, FASB.
Gigler, F., Kanodia, C., Sapra, H., & Venugopalan, R. (2009). Accounting conservatism and the efficiency of debt contracts. Journal of Accounting Research, 47(3), 767-797.
Gormley, T. A., Kim, B. H., & Martin, X. (2012). Do firms adjust their timely loss recognition in response to changes in the banking industry?. Journal of Accounting Research, 50(1), 159-196.
Govindarajan, V. (1986). Decentralization, strategy, and effectiveness of strategic business units in multibusiness organizations. Academy of Management Review, 11(4), 844-856.
Govindarajan, V. (1988). A contingency approach to strategy implementation at the business-unit level: integrating administrative mechanisms with strategy. Academy of management Journal, 31(4), 828-853.
Goex, R. F., & Wagenhofer, A. (2009). Optimal impairment rules. Journal of Accounting and Economics, 48(1), 2-16.
Gupta, A. K. (1986). Matching managers to strategies: Point and counterpoint. Human Resource Management, 25(2), 215-234.
Hansen, L. P. & Sargent, T. J. (2008). Robustness. Princeton, NJ, Princeton University Press.
Haw, I. M., Lee, J. J., & Lee, W. J. (2014). Debt financing and accounting conservatism in private firms. Contemporary Accounting Research, 31(4), 1220-1259.
Heinsalu, S. (2012). Equivalence of the information structure with unawareness to the logic of awareness. Journal of Economic Theory, 147(6), 2453 - 2468.
Hong, H. A., Kim, Y., & Lobo, G. J. (2019). Does Financial Reporting Conservatism Mitigate Underinvestment?. Journal of Accounting, Auditing & Finance, 34(2), 258-283.
Houqe, M. N., Kerr, R., & Monem, R. (2013). Business strategy and earnings quality.
Hsieh, C. C., Ma, Z., & Novoselov, K. E. (2019). Accounting conservatism, business strategy, and ambiguity. Accounting, Organizations and Society, 74, 41-55.
Huang, X. (2019), Corporate Strategic Difference, High Audit Quality and Earnings Quality, 9th International Conference on Education and Social Science (ICESS 2019).
Hui, K. W., Klasa, S., & Yeung, P. E. (2012). Corporate suppliers and customers and accounting conservatism. Journal of Accounting and Economics, 53(1-2), 115-135.
Imhof, M. J. (2014). Timely loss recognition, agency costs and the cash flow sensitivity of firm investment. Academy of Accounting and Financial Studies Journal, 18(3), 45.
International Accounting Standards Board (IASB), (2010), Conceptual Framework for Financial Reporting 2010, IASB.
Ishida, S., & Ito, K. (2014). The effect of accounting conservatism on corporate investment behavior. In International Perspectives on Accounting and Corporate Behavior (pp. 59-80). Springer, Tokyo.
Ittner, C. D., Larcker, D. F., & Rajan, M. V. (1997). The choice of performance measures in annual bonus contracts. Accounting Review, 72(2), 231-255.
Ji, S. H., & Ryu, Y. R. (2019). Investment tendency of foreign investor and accounting conservatism. Journal of Digital Convergence, 17(3), 153-160.
Kim, S. R. N., Yang, D. H., & Cho, K. H. (2011). The impact of the agency cost on accounting conservatism. Korean Accounting Review, 36(3), 65-102.
Kravet, T. D. (2014). Accounting conservatism and managerial risk-taking: Corporate acquisitions. Journal of Accounting and Economics, 57(2-3), 218-240.
Lan, B. & Yang, F. (2014). Debt Contract and Earnings Management. Journal of Research on Financial and Economic Issues, 2, 102-107.
Lin, Y. E., Li, Y. W., Cheng, T. Y., & Lam, K. (2021). Corporate social responsibility and investment efficiency: Does business strategy matter?. International Review of Financial Analysis, 73, 101585.
Luo, Y., & Chen, M. (1997). Business Strategy, Investment Strategy, and Performance of International Joint Ventures. Cooperative Strategies: Asian Pacific Perspectives, (3), 341.
Miller, D. (1988). Relating Porter's business strategies to environment and structure: Analysis and performance implications. Academy of management Journal, 31(2), 280-308.
Miller, D., Dröge, C., & Toulouse, J. M. (1988). Strategic process and content as mediators between organizational context and structure. Academy of Management Journal, 31(3), 544-569.
Nakano, M., Otsubo, F., & Takasu, Y. (2014). Effects of accounting conservatism on corporate investment levels, risk taking, and shareholder value (No. 14-E-10). Institute for Monetary and Economic Studies, Bank of Japan.
Navissi, F., Sridharan, V. G., Khedmati, M., Lim, E. K., & Evdokimov, E. (2017). Business strategy, over-(under-) investment, and managerial compensation. Journal of Management Accounting Research, 29(2), 63-86.
Nikolaev, V. V. (2010). Debt covenants and accounting conservatism. Journal of Accounting Research, 48(1), 137-176.
Roy, B. (2010), Robustness in operational research and decision aiding, A multifaceted issue. European Journal of Operational Research, 200(3), 629 - 638.
Simons, R. (1987), Accounting control systems and business strategy, An empirical analysis. Accounting, Organizations and Society, 12, 357-374.
Tan, L. (2013). Creditor control rights, state of nature verification, and financial reporting conservatism. Journal of Accounting and Economics, 55(1), 1-22.
Wang, R. (2018). Strategic Deviance and Accounting Conservatism. American Journal of Industrial and Business Management, 8(05), 1197.
Wang, X., & Zhao, X. (2018, May). Corporate Strategy and Earnings Management. In 2018 International Conference on Advances in Social Sciences and Sustainable Development (ASSSD 2018) (pp. 243-246). Atlantis Press.
Wittenberg-Moerman, R. (2008). The role of information asymmetry and financial reporting quality in debt trading: Evidence from the secondary loan market. Journal of Accounting and Economics, 46(2-3), 240-260.
Wu, P., Gao, L., & Gu, T. (2015). Business strategy, market competition and earnings management. Chinese Management Studies, 9(3), 401..
Zhang, J. (2008). The contracting benefits of accounting conservatism to lenders and borrowers. Journal of accounting and economics, 45(1), 27-54.
Zhang, R. & Xu, F. (2019). Corporate Strategy, Executive Compensation Incentives and Earnings Management. Finance, 9(1), 1-10.