Conditional and Unconditional Conservatism
Implications for Accounting Based Valuation and Risky Projects
At the heart of the current debate on financial reporting standards is conservatism. It is one of the oldest principles in accounting. Most obviously, conservatism is reflected in high market-to-book ratios indicating that accounting measurement understates book value relative to market value. Julia Nasev examines the impact of conservative accounting numbers on valuation estimates and on real economic decisions such as cost stickiness.
| Autor: | Nasev, Julia |
|---|---|
| ISBN: | 9783834921222 |
| Sprache: | Englisch |
| Seitenzahl: | 116 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Betriebswirtschaftlicher Verlag Gabler |
| Veröffentlicht: | 11.12.2009 |
| Untertitel: | Implications for Accounting Based Valuation and Risky Projects |
| Schlagworte: | Accounting Conservatism Cost Stickiness Equity Valuation Linear Information Model RM Residual Income Model |
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