However, conservatism reduces infor

However, conservatism reduces information asymmetry between insiders and outside investors by curbing managers’ opportunistic behavior through timely recognition of losses, alleviating earnings overstatements and improving the verifiability of accounting information (LaFond & Watts 2008). Kim and Zhang (2010) provide evidence that a greater extent of conservatism in financial reporting significantly reduces the likelihood of a firm experiencing future stock price crashes

Kết quả (Anh) 2:

Tuy nhiên, reduces information asymmetry conservatism the between insiders and outside Investors by curbing managers' Timely Opportunistic behavior through recognition of losses, alleviating Earnings overstatements and Improving the verifiability of accounting information (LaFond & Watts, 2008). Kim and Zhang (2010) Evidence cung a greater extent of conservatism mà printing significantly reduces the likelihood Financial reporting of a firm stock price crashes Experiencing future