Research Paper: Internal Control Weaknesses and Accounting Conservatism: Evidence From the Post-Sarbanes-Oxley Period
Abstract In ensuring smooth contracting between shareholders and managers, conservatism financial reporting is the most suitable, especially in agency concerns. When the shareholders are distanced from the managers, agency issues arise. In the instance where the separation of control and owner is pronounced, there occur slow managerial ownership. Conservatism encourages situations where the positive outcomes ... Read More
Pages: 13 Words: 3551