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http://dx.doi.org/10.1016/S0165-4101(00)00024-0

has been cited by the following article:

• TITLE: Accounting Conservatism: Evidence from Indian Markets

  AUTHORS: Sushma Vishnani, Dheeraj Misra

  KEYWORDS: Conservatism, Accounting Conservatism, Conditional Conservatism

  JOURNAL NAME: Theoretical Economics Letters, Vol.6 No.5, September 21, 2016

  ABSTRACT: This paper establishes existence of conditional conservatism in accounting practices of Indian corporate. It estimates firm-year measure of accounting conservatism (C-score). This study validates the C-score, asymmetric timeliness measure, and establishes monotonicity of C-scores. The paper also focuses on the study of the empirical properties of C-score and finds positive association of C-score decile ranks with decile wise Leverage and Variability. The C-score decile ranking is negatively associated with Size, Age, Market-to-Book Value ratio, Return on Assets and Non-Operating Accruals. Through this study, the forecasting capability of C-scores is established. C-scores can predict conditional conservatism up to two years ahead. This study is expected to play an important role in furtherance of research in this area in the Indian context.