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Has Australian financial reporting become more conservative over time?

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  • Cheng Lai
  • Meiting Lu
  • Yaowen Shan

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  • Cheng Lai & Meiting Lu & Yaowen Shan, 2013. "Has Australian financial reporting become more conservative over time?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 53(3), pages 731-761, September.
    • Handle: RePEc:bla:acctfi:v:53:y:2013:i:3:p:731-761
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    File URL: http://hdl.handle.net/10.1111/j.1467-629X.2012.00480.x
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    References listed on IDEAS

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    4. Begoña Giner & William Rees, 2001. "On the Asymmetric Recognition of Good and Bad News in France, Germany and the United Kingdom," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 28(9‐10), pages 1285-1331, November.
    5. Keryn Chalmers & Greg Clinch & Jayne M. Godfrey, 2008. "Adoption of International Financial Reporting Standards: Impact on the Value Relevance of Intangible Assets," Australian Accounting Review, CPA Australia, vol. 18(3), pages 237-247, September.
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    7. Holger Daske & Luzi Hail & Christian Leuz & Rodrigo Verdi, 2008. "Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences," Journal of Accounting Research, Wiley Blackwell, vol. 46(5), pages 1085-1142, December.
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    10. Roslinda Lim, 2011. "Are corporate governance attributes associated with accounting conservatism?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 51(4), pages 1007-1030, December.
    11. Givoly, Dan & Hayn, Carla, 2000. "The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative?," Journal of Accounting and Economics, Elsevier, vol. 29(3), pages 287-320, June.
    12. Cheng Lai & Stephen L. Taylor, 2008. "Estimating and validating a firm‐year‐specific measure of conservatism: Australian evidence," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 48(4), pages 673-695, December.
    13. Khan, Mozaffar & Watts, Ross L., 2009. "Estimation and empirical properties of a firm-year measure of accounting conservatism," Journal of Accounting and Economics, Elsevier, vol. 48(2-3), pages 132-150, December.
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    17. Harishankar Balkrishna & Jeffrey J. Coulton & Stephen L. Taylor, 2007. "Accounting losses and earnings conservatism: evidence from Australian Generally Accepted Accounting Principles," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 47(3), pages 381-400, September.
    18. Zoltan Matolcsy & Anna Wright, 2007. "Australian CEO Compensation: The Descriptive Evidence," Australian Accounting Review, CPA Australia, vol. 17(43), pages 47-59, November.
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    20. Goodwin, John & Ahmed, Kamran & Heaney, Richard, 2008. "The Effects of International Financial Reporting Standards on the Accounts and Accounting Quality of Australian Firms: A Retrospective Study," Journal of Contemporary Accounting and Economics, Elsevier, vol. 4(2), pages 89-119.
    21. Stewart Jones & Alison D. Higgins, 2006. "Australia's switch to international financial reporting standards: a perspective from account preparers," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(4), pages 629-652, December.
    22. Mark Brimble & Allan Hodgson, 2007. "On the intertemporal value relevance of conventional financial accounting in Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 47(4), pages 599-622, December.
    23. Basu, Sudipta, 1997. "The conservatism principle and the asymmetric timeliness of earnings," Journal of Accounting and Economics, Elsevier, vol. 24(1), pages 3-37, December.
    24. Anwer S. Ahmed & Scott Duellman, 2011. "Evidence on the role of accounting conservatism in monitoring managers’ investment decisions," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 51(3), pages 609-633, September.
    25. Kevin S. Markle & Douglas A. Shackelford, 2011. "Cross-Country Comparisons of Corporate Income Taxes," NBER Working Papers 16839, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Xiaomeng Chen & Meiting Lu & Yaowen Shan & Yizhou Zhang, 2023. "Securities class actions and conditional conservatism: Evidence from two legal events," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(2), pages 2441-2471, June.
    2. Cheng Y Lai & Yang Li & Yaowen Shan & Stephen Taylor, 2013. "Costs of mandatory international financial reporting standards: Evidence of reduced accrual reliability," Australian Journal of Management, Australian School of Business, vol. 38(3), pages 491-521, December.
    3. Meiting Lu & Yaowen Shan & Sue Wright & Yimeng Yu, 2020. "Operating cash flow asymmetric timeliness in Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(S1), pages 587-627, April.
    4. Jing Wang & Wei Li & Arno Forst, 2021. "Product market competition, stock price informativeness, and IFRS adoption: evidence from Europe," Review of Quantitative Finance and Accounting, Springer, vol. 56(4), pages 1537-1559, May.
    5. Martin Bugeja & Anna Loyeung, 2017. "Accounting for business combinations and takeover premiums: Pre- and post-IFRS," Australian Journal of Management, Australian School of Business, vol. 42(2), pages 183-204, May.
    6. Moy, Melissa & Heaney, Richard & Tarca, Ann & van Zyl, Warrick, 2020. "Conditional accounting conservatism: Exploring the impact of changes in institutional frameworks in four countries," Journal of Contemporary Accounting and Economics, Elsevier, vol. 16(3).
    7. William Bradford & Chao Chen & Song Zhu, 2017. "Conservative Accounting, IFRS Convergence and Cash Dividend Payments: Evidence from China," European Financial Management, European Financial Management Association, vol. 23(3), pages 376-414, June.

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