Managerial risk incentives and accounting conservatism View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2019-04

AUTHORS

Chengru Hu, Wei Jiang

ABSTRACT

We provide empirical evidence of the effect of managerial risk incentives on financial reporting conservatism. We hypothesize that firms use greater accounting conservatism as a means of addressing increased firm risk arising from excessive managerial risk incentives provided by option compensation. Consistent with this hypothesis, we find a positive association between excessive managerial risk incentives and accounting conservatism measured as asymmetric timeliness of loss recognition. By contrast, we find no impact by normal (anticipated) risk-taking on accounting conservatism. Further analysis shows that the association between excessive managerial risk incentives and accounting conservatism is more pronounced when firms face more severe debtholder–shareholder conflicts. We also find that while cost of debt financing is positively associated with both anticipated and excessive risk incentives, the relationship with the latter is weakened by timelier loss recognition, suggesting firms with heightened risk incentives could economically benefit from using more conservative accounting. More... »

PAGES

781-813

References to SciGraph publications

  • 2004-03. Assessing the Probability of Bankruptcy in REVIEW OF ACCOUNTING STUDIES
  • 2016-05. Conditional conservatism and the yield spread of corporate bond issues in REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING
  • 2015-05. Litigation risk, information asymmetry and conditional conservatism in REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING
  • 2016-11. Accounting quality, debt covenant design, and the cost of debt in REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING
  • 2007-03. Asymmetric timeliness tests of accounting conservatism in REVIEW OF ACCOUNTING STUDIES
  • Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1007/s11156-018-0726-5

    DOI

    http://dx.doi.org/10.1007/s11156-018-0726-5

    DIMENSIONS

    https://app.dimensions.ai/details/publication/pub.1103761003


    Indexing Status Check whether this publication has been indexed by Scopus and Web Of Science using the SN Indexing Status Tool
    Incoming Citations Browse incoming citations for this publication using opencitations.net

    JSON-LD is the canonical representation for SciGraph data.

    TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT

    [
      {
        "@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json", 
        "about": [
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1501", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Accounting, Auditing and Accountability", 
            "type": "DefinedTerm"
          }, 
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/15", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Commerce, Management, Tourism and Services", 
            "type": "DefinedTerm"
          }
        ], 
        "author": [
          {
            "affiliation": {
              "name": [
                "The State University of New York \u2013 Canton, 34 Cornell Drive, 13617, Canton, NY, USA"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Hu", 
            "givenName": "Chengru", 
            "type": "Person"
          }, 
          {
            "affiliation": {
              "alternateName": "California State University, Fullerton", 
              "id": "https://www.grid.ac/institutes/grid.253559.d", 
              "name": [
                "California State University \u2013 Fullerton, 800 N. State College Blvd. SGMH - 4389, 92831-3599, Fullerton, CA, USA"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Jiang", 
            "givenName": "Wei", 
            "type": "Person"
          }
        ], 
        "citation": [
          {
            "id": "https://doi.org/10.1016/0304-3932(85)90051-0", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1001569708"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.1974.tb03058.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1001824651"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0304-405x(77)90015-0", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1001904258"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0165-4101(01)00029-5", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1001978427"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.2004.00650.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1002265253"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jacceco.2004.04.001", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1002684281"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2308/accr.2007.82.2.327", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1003526905"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0304-405x(79)90011-4", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1003903283"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.2007.01251.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1004747493"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jacceco.2007.06.002", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1005831011"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/jbfa.12100", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1007542976"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1017/s0022109000002088", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1008239788"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1017/s0022109000002088", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1008239788"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jfineco.2010.03.018", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1008332928"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s11156-013-0428-y", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1008790822", 
              "https://doi.org/10.1007/s11156-013-0428-y"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/1475-679x.00064", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1011915860"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2308/acch.2006.20.1.57", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1012243163"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/fima.12016", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1014432298"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.1987.tb03914.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1014581324"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s11156-015-0538-9", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1014706690", 
              "https://doi.org/10.1007/s11156-015-0538-9"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1023/b:rast.0000013627.90884.b7", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1018136797", 
              "https://doi.org/10.1023/b:rast.0000013627.90884.b7"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0165-4101(02)00042-3", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1018172937"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0304-405x(99)00016-1", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1018538552"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0304-405x(95)00842-3", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1020230319"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jfineco.2011.10.008", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1020684218"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2308/accr.2007.82.1.65", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1025052304"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0165-4101(93)90007-3", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1026505774"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jacceco.2006.12.003", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1027074990"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jacceco.2011.09.005", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1027863675"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0165-4101(97)00014-1", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1028125072"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jfineco.2008.08.005", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1028423154"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0378-4266(86)80028-0", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1028818057"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/jbfa.12023", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1029391806"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2308/acch.2003.17.4.287", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1030807312"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.1981.tb00649.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1031281629"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jacceco.2009.08.002", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1032139096"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0165-4101(00)00012-4", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1032686926"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s11156-014-0489-6", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1034841957", 
              "https://doi.org/10.1007/s11156-014-0489-6"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2308/acch.2003.17.3.207", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1036036252"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jacceco.2007.01.003", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1036995918"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.1968.tb00843.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1038805997"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1162/rest_a_00142", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1042972986"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1353/pfs.2001.0002", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1043365355"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s11142-006-9023-y", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1043632481", 
              "https://doi.org/10.1007/s11142-006-9023-y"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jfineco.2004.09.004", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1045418589"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0165-4101(90)90042-3", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1048729098"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0304-405x(76)90026-x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1049999925"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jfineco.2012.01.004", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1050230904"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0304-405x(85)90024-8", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1051028018"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.jfineco.2011.11.005", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1051552368"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0165-4101(00)00024-0", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1051966085"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2308/accr.2002.77.4.867", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1052846150"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1086/260062", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1058573543"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1086/261775", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1058575256"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1093/rcfs/cfv006", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1059990262"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1093/rfs/hhn044", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1060006009"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1093/rfs/hhr076", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1060006397"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1142/s0219091515500083", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1062990224"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1287/mnsc.2013.1813", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1064717549"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/2330757", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069892722"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/2490395", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069940144"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1142/s0219091517500126", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1085628285"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2139/ssrn.694766", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1102181544"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2139/ssrn.612921", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1102206165"
            ], 
            "type": "CreativeWork"
          }
        ], 
        "datePublished": "2019-04", 
        "datePublishedReg": "2019-04-01", 
        "description": "We provide empirical evidence of the effect of managerial risk incentives on financial reporting conservatism. We hypothesize that firms use greater accounting conservatism as a means of addressing increased firm risk arising from excessive managerial risk incentives provided by option compensation. Consistent with this hypothesis, we find a positive association between excessive managerial risk incentives and accounting conservatism measured as asymmetric timeliness of loss recognition. By contrast, we find no impact by normal (anticipated) risk-taking on accounting conservatism. Further analysis shows that the association between excessive managerial risk incentives and accounting conservatism is more pronounced when firms face more severe debtholder\u2013shareholder conflicts. We also find that while cost of debt financing is positively associated with both anticipated and excessive risk incentives, the relationship with the latter is weakened by timelier loss recognition, suggesting firms with heightened risk incentives could economically benefit from using more conservative accounting.", 
        "genre": "research_article", 
        "id": "sg:pub.10.1007/s11156-018-0726-5", 
        "inLanguage": [
          "en"
        ], 
        "isAccessibleForFree": false, 
        "isPartOf": [
          {
            "id": "sg:journal.1136353", 
            "issn": [
              "0924-865X", 
              "1573-7179"
            ], 
            "name": "Review of Quantitative Finance and Accounting", 
            "type": "Periodical"
          }, 
          {
            "issueNumber": "3", 
            "type": "PublicationIssue"
          }, 
          {
            "type": "PublicationVolume", 
            "volumeNumber": "52"
          }
        ], 
        "name": "Managerial risk incentives and accounting conservatism", 
        "pagination": "781-813", 
        "productId": [
          {
            "name": "readcube_id", 
            "type": "PropertyValue", 
            "value": [
              "1d5cc9a9ce40a1a1ab6e3fddb3449356df383c7a1499e1e0a1be54b5056510b0"
            ]
          }, 
          {
            "name": "doi", 
            "type": "PropertyValue", 
            "value": [
              "10.1007/s11156-018-0726-5"
            ]
          }, 
          {
            "name": "dimensions_id", 
            "type": "PropertyValue", 
            "value": [
              "pub.1103761003"
            ]
          }
        ], 
        "sameAs": [
          "https://doi.org/10.1007/s11156-018-0726-5", 
          "https://app.dimensions.ai/details/publication/pub.1103761003"
        ], 
        "sdDataset": "articles", 
        "sdDatePublished": "2019-04-11T13:18", 
        "sdLicense": "https://scigraph.springernature.com/explorer/license/", 
        "sdPublisher": {
          "name": "Springer Nature - SN SciGraph project", 
          "type": "Organization"
        }, 
        "sdSource": "s3://com-uberresearch-data-dimensions-target-20181106-alternative/cleanup/v134/2549eaecd7973599484d7c17b260dba0a4ecb94b/merge/v9/a6c9fde33151104705d4d7ff012ea9563521a3ce/jats-lookup/v90/0000000368_0000000368/records_78947_00000000.jsonl", 
        "type": "ScholarlyArticle", 
        "url": "https://link.springer.com/10.1007%2Fs11156-018-0726-5"
      }
    ]
     

    Download the RDF metadata as:  json-ld nt turtle xml License info

    HOW TO GET THIS DATA PROGRAMMATICALLY:

    JSON-LD is a popular format for linked data which is fully compatible with JSON.

    curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/s11156-018-0726-5'

    N-Triples is a line-based linked data format ideal for batch operations.

    curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/s11156-018-0726-5'

    Turtle is a human-readable linked data format.

    curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/s11156-018-0726-5'

    RDF/XML is a standard XML format for linked data.

    curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/s11156-018-0726-5'


     

    This table displays all metadata directly associated to this object as RDF triples.

    262 TRIPLES      21 PREDICATES      90 URIs      19 LITERALS      7 BLANK NODES

    Subject Predicate Object
    1 sg:pub.10.1007/s11156-018-0726-5 schema:about anzsrc-for:15
    2 anzsrc-for:1501
    3 schema:author N87f6af12942643c19bdcda7281fdd075
    4 schema:citation sg:pub.10.1007/s11142-006-9023-y
    5 sg:pub.10.1007/s11156-013-0428-y
    6 sg:pub.10.1007/s11156-014-0489-6
    7 sg:pub.10.1007/s11156-015-0538-9
    8 sg:pub.10.1023/b:rast.0000013627.90884.b7
    9 https://doi.org/10.1016/0165-4101(90)90042-3
    10 https://doi.org/10.1016/0165-4101(93)90007-3
    11 https://doi.org/10.1016/0304-3932(85)90051-0
    12 https://doi.org/10.1016/0304-405x(76)90026-x
    13 https://doi.org/10.1016/0304-405x(77)90015-0
    14 https://doi.org/10.1016/0304-405x(79)90011-4
    15 https://doi.org/10.1016/0304-405x(85)90024-8
    16 https://doi.org/10.1016/0304-405x(95)00842-3
    17 https://doi.org/10.1016/j.jacceco.2004.04.001
    18 https://doi.org/10.1016/j.jacceco.2006.12.003
    19 https://doi.org/10.1016/j.jacceco.2007.01.003
    20 https://doi.org/10.1016/j.jacceco.2007.06.002
    21 https://doi.org/10.1016/j.jacceco.2009.08.002
    22 https://doi.org/10.1016/j.jacceco.2011.09.005
    23 https://doi.org/10.1016/j.jfineco.2004.09.004
    24 https://doi.org/10.1016/j.jfineco.2008.08.005
    25 https://doi.org/10.1016/j.jfineco.2010.03.018
    26 https://doi.org/10.1016/j.jfineco.2011.10.008
    27 https://doi.org/10.1016/j.jfineco.2011.11.005
    28 https://doi.org/10.1016/j.jfineco.2012.01.004
    29 https://doi.org/10.1016/s0165-4101(00)00012-4
    30 https://doi.org/10.1016/s0165-4101(00)00024-0
    31 https://doi.org/10.1016/s0165-4101(01)00029-5
    32 https://doi.org/10.1016/s0165-4101(02)00042-3
    33 https://doi.org/10.1016/s0165-4101(97)00014-1
    34 https://doi.org/10.1016/s0304-405x(99)00016-1
    35 https://doi.org/10.1016/s0378-4266(86)80028-0
    36 https://doi.org/10.1017/s0022109000002088
    37 https://doi.org/10.1086/260062
    38 https://doi.org/10.1086/261775
    39 https://doi.org/10.1093/rcfs/cfv006
    40 https://doi.org/10.1093/rfs/hhn044
    41 https://doi.org/10.1093/rfs/hhr076
    42 https://doi.org/10.1111/1475-679x.00064
    43 https://doi.org/10.1111/fima.12016
    44 https://doi.org/10.1111/j.1540-6261.1968.tb00843.x
    45 https://doi.org/10.1111/j.1540-6261.1974.tb03058.x
    46 https://doi.org/10.1111/j.1540-6261.1981.tb00649.x
    47 https://doi.org/10.1111/j.1540-6261.1987.tb03914.x
    48 https://doi.org/10.1111/j.1540-6261.2004.00650.x
    49 https://doi.org/10.1111/j.1540-6261.2007.01251.x
    50 https://doi.org/10.1111/jbfa.12023
    51 https://doi.org/10.1111/jbfa.12100
    52 https://doi.org/10.1142/s0219091515500083
    53 https://doi.org/10.1142/s0219091517500126
    54 https://doi.org/10.1162/rest_a_00142
    55 https://doi.org/10.1287/mnsc.2013.1813
    56 https://doi.org/10.1353/pfs.2001.0002
    57 https://doi.org/10.2139/ssrn.612921
    58 https://doi.org/10.2139/ssrn.694766
    59 https://doi.org/10.2307/2330757
    60 https://doi.org/10.2307/2490395
    61 https://doi.org/10.2308/acch.2003.17.3.207
    62 https://doi.org/10.2308/acch.2003.17.4.287
    63 https://doi.org/10.2308/acch.2006.20.1.57
    64 https://doi.org/10.2308/accr.2002.77.4.867
    65 https://doi.org/10.2308/accr.2007.82.1.65
    66 https://doi.org/10.2308/accr.2007.82.2.327
    67 schema:datePublished 2019-04
    68 schema:datePublishedReg 2019-04-01
    69 schema:description We provide empirical evidence of the effect of managerial risk incentives on financial reporting conservatism. We hypothesize that firms use greater accounting conservatism as a means of addressing increased firm risk arising from excessive managerial risk incentives provided by option compensation. Consistent with this hypothesis, we find a positive association between excessive managerial risk incentives and accounting conservatism measured as asymmetric timeliness of loss recognition. By contrast, we find no impact by normal (anticipated) risk-taking on accounting conservatism. Further analysis shows that the association between excessive managerial risk incentives and accounting conservatism is more pronounced when firms face more severe debtholder–shareholder conflicts. We also find that while cost of debt financing is positively associated with both anticipated and excessive risk incentives, the relationship with the latter is weakened by timelier loss recognition, suggesting firms with heightened risk incentives could economically benefit from using more conservative accounting.
    70 schema:genre research_article
    71 schema:inLanguage en
    72 schema:isAccessibleForFree false
    73 schema:isPartOf N699fbc45ac6c4212ac52968f7eeff6f2
    74 Nfccc05150e1d4ba2bf198e53c7a4060d
    75 sg:journal.1136353
    76 schema:name Managerial risk incentives and accounting conservatism
    77 schema:pagination 781-813
    78 schema:productId N29022f92f3b84096a7d1369adbe357d3
    79 N332d7d60c7d9470794fa15fed99ff83b
    80 Nb012932ff0cd4c9eba1f6292b10c3306
    81 schema:sameAs https://app.dimensions.ai/details/publication/pub.1103761003
    82 https://doi.org/10.1007/s11156-018-0726-5
    83 schema:sdDatePublished 2019-04-11T13:18
    84 schema:sdLicense https://scigraph.springernature.com/explorer/license/
    85 schema:sdPublisher N135b722de1344d2cacd64870b95141a5
    86 schema:url https://link.springer.com/10.1007%2Fs11156-018-0726-5
    87 sgo:license sg:explorer/license/
    88 sgo:sdDataset articles
    89 rdf:type schema:ScholarlyArticle
    90 N135b722de1344d2cacd64870b95141a5 schema:name Springer Nature - SN SciGraph project
    91 rdf:type schema:Organization
    92 N29022f92f3b84096a7d1369adbe357d3 schema:name readcube_id
    93 schema:value 1d5cc9a9ce40a1a1ab6e3fddb3449356df383c7a1499e1e0a1be54b5056510b0
    94 rdf:type schema:PropertyValue
    95 N332d7d60c7d9470794fa15fed99ff83b schema:name dimensions_id
    96 schema:value pub.1103761003
    97 rdf:type schema:PropertyValue
    98 N41611e3499e248569f5910c8b6c165ef schema:name The State University of New York – Canton, 34 Cornell Drive, 13617, Canton, NY, USA
    99 rdf:type schema:Organization
    100 N699fbc45ac6c4212ac52968f7eeff6f2 schema:volumeNumber 52
    101 rdf:type schema:PublicationVolume
    102 N82a450d24bb24832b86d503d1829e060 rdf:first Nab513bd71edd4ad482bb7b8d0950188c
    103 rdf:rest rdf:nil
    104 N87f6af12942643c19bdcda7281fdd075 rdf:first Nee159d0d0264432382dab63f417244a4
    105 rdf:rest N82a450d24bb24832b86d503d1829e060
    106 Nab513bd71edd4ad482bb7b8d0950188c schema:affiliation https://www.grid.ac/institutes/grid.253559.d
    107 schema:familyName Jiang
    108 schema:givenName Wei
    109 rdf:type schema:Person
    110 Nb012932ff0cd4c9eba1f6292b10c3306 schema:name doi
    111 schema:value 10.1007/s11156-018-0726-5
    112 rdf:type schema:PropertyValue
    113 Nee159d0d0264432382dab63f417244a4 schema:affiliation N41611e3499e248569f5910c8b6c165ef
    114 schema:familyName Hu
    115 schema:givenName Chengru
    116 rdf:type schema:Person
    117 Nfccc05150e1d4ba2bf198e53c7a4060d schema:issueNumber 3
    118 rdf:type schema:PublicationIssue
    119 anzsrc-for:15 schema:inDefinedTermSet anzsrc-for:
    120 schema:name Commerce, Management, Tourism and Services
    121 rdf:type schema:DefinedTerm
    122 anzsrc-for:1501 schema:inDefinedTermSet anzsrc-for:
    123 schema:name Accounting, Auditing and Accountability
    124 rdf:type schema:DefinedTerm
    125 sg:journal.1136353 schema:issn 0924-865X
    126 1573-7179
    127 schema:name Review of Quantitative Finance and Accounting
    128 rdf:type schema:Periodical
    129 sg:pub.10.1007/s11142-006-9023-y schema:sameAs https://app.dimensions.ai/details/publication/pub.1043632481
    130 https://doi.org/10.1007/s11142-006-9023-y
    131 rdf:type schema:CreativeWork
    132 sg:pub.10.1007/s11156-013-0428-y schema:sameAs https://app.dimensions.ai/details/publication/pub.1008790822
    133 https://doi.org/10.1007/s11156-013-0428-y
    134 rdf:type schema:CreativeWork
    135 sg:pub.10.1007/s11156-014-0489-6 schema:sameAs https://app.dimensions.ai/details/publication/pub.1034841957
    136 https://doi.org/10.1007/s11156-014-0489-6
    137 rdf:type schema:CreativeWork
    138 sg:pub.10.1007/s11156-015-0538-9 schema:sameAs https://app.dimensions.ai/details/publication/pub.1014706690
    139 https://doi.org/10.1007/s11156-015-0538-9
    140 rdf:type schema:CreativeWork
    141 sg:pub.10.1023/b:rast.0000013627.90884.b7 schema:sameAs https://app.dimensions.ai/details/publication/pub.1018136797
    142 https://doi.org/10.1023/b:rast.0000013627.90884.b7
    143 rdf:type schema:CreativeWork
    144 https://doi.org/10.1016/0165-4101(90)90042-3 schema:sameAs https://app.dimensions.ai/details/publication/pub.1048729098
    145 rdf:type schema:CreativeWork
    146 https://doi.org/10.1016/0165-4101(93)90007-3 schema:sameAs https://app.dimensions.ai/details/publication/pub.1026505774
    147 rdf:type schema:CreativeWork
    148 https://doi.org/10.1016/0304-3932(85)90051-0 schema:sameAs https://app.dimensions.ai/details/publication/pub.1001569708
    149 rdf:type schema:CreativeWork
    150 https://doi.org/10.1016/0304-405x(76)90026-x schema:sameAs https://app.dimensions.ai/details/publication/pub.1049999925
    151 rdf:type schema:CreativeWork
    152 https://doi.org/10.1016/0304-405x(77)90015-0 schema:sameAs https://app.dimensions.ai/details/publication/pub.1001904258
    153 rdf:type schema:CreativeWork
    154 https://doi.org/10.1016/0304-405x(79)90011-4 schema:sameAs https://app.dimensions.ai/details/publication/pub.1003903283
    155 rdf:type schema:CreativeWork
    156 https://doi.org/10.1016/0304-405x(85)90024-8 schema:sameAs https://app.dimensions.ai/details/publication/pub.1051028018
    157 rdf:type schema:CreativeWork
    158 https://doi.org/10.1016/0304-405x(95)00842-3 schema:sameAs https://app.dimensions.ai/details/publication/pub.1020230319
    159 rdf:type schema:CreativeWork
    160 https://doi.org/10.1016/j.jacceco.2004.04.001 schema:sameAs https://app.dimensions.ai/details/publication/pub.1002684281
    161 rdf:type schema:CreativeWork
    162 https://doi.org/10.1016/j.jacceco.2006.12.003 schema:sameAs https://app.dimensions.ai/details/publication/pub.1027074990
    163 rdf:type schema:CreativeWork
    164 https://doi.org/10.1016/j.jacceco.2007.01.003 schema:sameAs https://app.dimensions.ai/details/publication/pub.1036995918
    165 rdf:type schema:CreativeWork
    166 https://doi.org/10.1016/j.jacceco.2007.06.002 schema:sameAs https://app.dimensions.ai/details/publication/pub.1005831011
    167 rdf:type schema:CreativeWork
    168 https://doi.org/10.1016/j.jacceco.2009.08.002 schema:sameAs https://app.dimensions.ai/details/publication/pub.1032139096
    169 rdf:type schema:CreativeWork
    170 https://doi.org/10.1016/j.jacceco.2011.09.005 schema:sameAs https://app.dimensions.ai/details/publication/pub.1027863675
    171 rdf:type schema:CreativeWork
    172 https://doi.org/10.1016/j.jfineco.2004.09.004 schema:sameAs https://app.dimensions.ai/details/publication/pub.1045418589
    173 rdf:type schema:CreativeWork
    174 https://doi.org/10.1016/j.jfineco.2008.08.005 schema:sameAs https://app.dimensions.ai/details/publication/pub.1028423154
    175 rdf:type schema:CreativeWork
    176 https://doi.org/10.1016/j.jfineco.2010.03.018 schema:sameAs https://app.dimensions.ai/details/publication/pub.1008332928
    177 rdf:type schema:CreativeWork
    178 https://doi.org/10.1016/j.jfineco.2011.10.008 schema:sameAs https://app.dimensions.ai/details/publication/pub.1020684218
    179 rdf:type schema:CreativeWork
    180 https://doi.org/10.1016/j.jfineco.2011.11.005 schema:sameAs https://app.dimensions.ai/details/publication/pub.1051552368
    181 rdf:type schema:CreativeWork
    182 https://doi.org/10.1016/j.jfineco.2012.01.004 schema:sameAs https://app.dimensions.ai/details/publication/pub.1050230904
    183 rdf:type schema:CreativeWork
    184 https://doi.org/10.1016/s0165-4101(00)00012-4 schema:sameAs https://app.dimensions.ai/details/publication/pub.1032686926
    185 rdf:type schema:CreativeWork
    186 https://doi.org/10.1016/s0165-4101(00)00024-0 schema:sameAs https://app.dimensions.ai/details/publication/pub.1051966085
    187 rdf:type schema:CreativeWork
    188 https://doi.org/10.1016/s0165-4101(01)00029-5 schema:sameAs https://app.dimensions.ai/details/publication/pub.1001978427
    189 rdf:type schema:CreativeWork
    190 https://doi.org/10.1016/s0165-4101(02)00042-3 schema:sameAs https://app.dimensions.ai/details/publication/pub.1018172937
    191 rdf:type schema:CreativeWork
    192 https://doi.org/10.1016/s0165-4101(97)00014-1 schema:sameAs https://app.dimensions.ai/details/publication/pub.1028125072
    193 rdf:type schema:CreativeWork
    194 https://doi.org/10.1016/s0304-405x(99)00016-1 schema:sameAs https://app.dimensions.ai/details/publication/pub.1018538552
    195 rdf:type schema:CreativeWork
    196 https://doi.org/10.1016/s0378-4266(86)80028-0 schema:sameAs https://app.dimensions.ai/details/publication/pub.1028818057
    197 rdf:type schema:CreativeWork
    198 https://doi.org/10.1017/s0022109000002088 schema:sameAs https://app.dimensions.ai/details/publication/pub.1008239788
    199 rdf:type schema:CreativeWork
    200 https://doi.org/10.1086/260062 schema:sameAs https://app.dimensions.ai/details/publication/pub.1058573543
    201 rdf:type schema:CreativeWork
    202 https://doi.org/10.1086/261775 schema:sameAs https://app.dimensions.ai/details/publication/pub.1058575256
    203 rdf:type schema:CreativeWork
    204 https://doi.org/10.1093/rcfs/cfv006 schema:sameAs https://app.dimensions.ai/details/publication/pub.1059990262
    205 rdf:type schema:CreativeWork
    206 https://doi.org/10.1093/rfs/hhn044 schema:sameAs https://app.dimensions.ai/details/publication/pub.1060006009
    207 rdf:type schema:CreativeWork
    208 https://doi.org/10.1093/rfs/hhr076 schema:sameAs https://app.dimensions.ai/details/publication/pub.1060006397
    209 rdf:type schema:CreativeWork
    210 https://doi.org/10.1111/1475-679x.00064 schema:sameAs https://app.dimensions.ai/details/publication/pub.1011915860
    211 rdf:type schema:CreativeWork
    212 https://doi.org/10.1111/fima.12016 schema:sameAs https://app.dimensions.ai/details/publication/pub.1014432298
    213 rdf:type schema:CreativeWork
    214 https://doi.org/10.1111/j.1540-6261.1968.tb00843.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1038805997
    215 rdf:type schema:CreativeWork
    216 https://doi.org/10.1111/j.1540-6261.1974.tb03058.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1001824651
    217 rdf:type schema:CreativeWork
    218 https://doi.org/10.1111/j.1540-6261.1981.tb00649.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1031281629
    219 rdf:type schema:CreativeWork
    220 https://doi.org/10.1111/j.1540-6261.1987.tb03914.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1014581324
    221 rdf:type schema:CreativeWork
    222 https://doi.org/10.1111/j.1540-6261.2004.00650.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1002265253
    223 rdf:type schema:CreativeWork
    224 https://doi.org/10.1111/j.1540-6261.2007.01251.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1004747493
    225 rdf:type schema:CreativeWork
    226 https://doi.org/10.1111/jbfa.12023 schema:sameAs https://app.dimensions.ai/details/publication/pub.1029391806
    227 rdf:type schema:CreativeWork
    228 https://doi.org/10.1111/jbfa.12100 schema:sameAs https://app.dimensions.ai/details/publication/pub.1007542976
    229 rdf:type schema:CreativeWork
    230 https://doi.org/10.1142/s0219091515500083 schema:sameAs https://app.dimensions.ai/details/publication/pub.1062990224
    231 rdf:type schema:CreativeWork
    232 https://doi.org/10.1142/s0219091517500126 schema:sameAs https://app.dimensions.ai/details/publication/pub.1085628285
    233 rdf:type schema:CreativeWork
    234 https://doi.org/10.1162/rest_a_00142 schema:sameAs https://app.dimensions.ai/details/publication/pub.1042972986
    235 rdf:type schema:CreativeWork
    236 https://doi.org/10.1287/mnsc.2013.1813 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064717549
    237 rdf:type schema:CreativeWork
    238 https://doi.org/10.1353/pfs.2001.0002 schema:sameAs https://app.dimensions.ai/details/publication/pub.1043365355
    239 rdf:type schema:CreativeWork
    240 https://doi.org/10.2139/ssrn.612921 schema:sameAs https://app.dimensions.ai/details/publication/pub.1102206165
    241 rdf:type schema:CreativeWork
    242 https://doi.org/10.2139/ssrn.694766 schema:sameAs https://app.dimensions.ai/details/publication/pub.1102181544
    243 rdf:type schema:CreativeWork
    244 https://doi.org/10.2307/2330757 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069892722
    245 rdf:type schema:CreativeWork
    246 https://doi.org/10.2307/2490395 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069940144
    247 rdf:type schema:CreativeWork
    248 https://doi.org/10.2308/acch.2003.17.3.207 schema:sameAs https://app.dimensions.ai/details/publication/pub.1036036252
    249 rdf:type schema:CreativeWork
    250 https://doi.org/10.2308/acch.2003.17.4.287 schema:sameAs https://app.dimensions.ai/details/publication/pub.1030807312
    251 rdf:type schema:CreativeWork
    252 https://doi.org/10.2308/acch.2006.20.1.57 schema:sameAs https://app.dimensions.ai/details/publication/pub.1012243163
    253 rdf:type schema:CreativeWork
    254 https://doi.org/10.2308/accr.2002.77.4.867 schema:sameAs https://app.dimensions.ai/details/publication/pub.1052846150
    255 rdf:type schema:CreativeWork
    256 https://doi.org/10.2308/accr.2007.82.1.65 schema:sameAs https://app.dimensions.ai/details/publication/pub.1025052304
    257 rdf:type schema:CreativeWork
    258 https://doi.org/10.2308/accr.2007.82.2.327 schema:sameAs https://app.dimensions.ai/details/publication/pub.1003526905
    259 rdf:type schema:CreativeWork
    260 https://www.grid.ac/institutes/grid.253559.d schema:alternateName California State University, Fullerton
    261 schema:name California State University – Fullerton, 800 N. State College Blvd. SGMH - 4389, 92831-3599, Fullerton, CA, USA
    262 rdf:type schema:Organization
     




    Preview window. Press ESC to close (or click here)


    ...