The Role of Cost Stickiness in Estimating Conditional Conservatism
Empirical research documents a linear relation between earnings and stock returns, and often attributes this pattern to conditional conservatism—more timely recognition of bad news than good news. This paper deals with another conception namely cost stickiness which can affect earning asymmetry. Cos...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Alzahra University
2015-02-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | http://jera.alzahra.ac.ir/article_1893_1a2c2341c29234b338db08a6c4d4dd03.pdf |