Ball, R. (2009). Market and Political/Regulatory Perspectives on the Recent Accounting Scandals. Journal of Accounting Research
, (47), 277-323.
Basu, S. (1997). The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting & Economics,
Chen, J., Hong, H., Stein, J. (2001). Forecasting crashes: Trading volume, past returns, and conditional skewness in stock prices. Journal of Financial Economics
, 61, 345-381.
Financial Accounting Standards Board (FASB). (1980). Statement of Financial Accounting Concepts no.2, Qualitative Characteristics of Accounting Information. FASB, Norwalk, CT.
Givoly, D., Hayn, C. (2000). The changing time-series properties of earnings, cash flows and accruals: has financial reporting become more conservative? Journal of Accounting and Economics
,29 (3), 287– 320.
Gregoriou, A., Skerratt, L. (2007). Does the basu model really measure the conservatism of earnings? Working paper, Brunel business school, Brunel University.
Holthausen, Robert, and Ross L. Watts. (2001). The relevance of the value-relevance literature for financial accounting standard setting. Journal of Accounting and Economics
, (31), 3-75.
Hutton, A.P., Marcus, A.J., Tehranian, H. (2009). Opaque financial reports, R2, and crash risk. Journal of Financial Economics
Jin, L., Myers, C.S. (2006). R2 around the world: New theory and new tests. Journal of Financial Economics
, (79), 257-292.
Khan, M., Watts, R.L. (2009). Estimation and empirical properties of a firm-year measure of accounting conservatism. Journal of Accounting and Economics
, (48), 132-150.
Kim, J. B., Zhang, L., 2010. Does accounting conservatism reduce stock price crash risk? Available at: (www.ssrn.com
Kothari, S.P., Shu, S., Wysocki, P.D. (2009). Do Managers Withhold Bad News? Journal of Accounting Research
, (47), 241-276.
Lafond, R., Watts, R. L. (2008). The information role of conservatism. The Accounting Review
, (83), 447- 478.
Pae, J., D. Thornton and M. Welker. (2005). The link between earnings conservatism and the price to book ratio. On line: (www.ssrn.com
Roychowdhury, S., Watts, R. L. (2007). Asymmetric timeliness of earnings, market-to-book and conservatism in financial reporting. Journal of Accounting and Economics
, (44), 2-31.
Smith, Clifford, and Ross L. Watts. (1992). The investment opportunity set and corporate financing, dividend and compensation policies. Journal of Financial economics
, (32), 263-292.
Watts, R. L. (2003a). Conservatism in Accounting Part I: Explanations and Implications. Accounting Horizons
, (17), 207-221.
Watts, R. L., (2003b). Conservatism in Accounting Part II: Evidence and Research Opportunities. Accounting Horizons
, (17), 287-301.