Conditional and Unconditional Conservatism - Implications for Accounting Based Valuation and Risky Projects. Dissertation Universität zu Köln, 2009.Forew. by Carsten Homburt

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.

Sommario

Linear Information Models: The Effect of Unconditional Conservatism.- Linear Information Models: The Effect of Conditional Conservatism.- The Link between Conditional Conservatism and Cost Stickiness.- Conclusions.

Info autore

Dr. Julia Nasev received her doctor’s degree at the University of Cologne, her supervisor was Prof. Dr. Carsten Homburg from the Department of Management Accounting.

Riassunto

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.

Dettagli sul prodotto

• Autori: Julia Nasev
• Con la collaborazione di: Carsten Homburg (Editore), Prof. Dr. Carsten Homburg (Prefazione)
• Editore: Gabler
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 16.12.2009
• EAN: 9783834921222
• ISBN: 978-3-8349-2122-2
• Pagine: 116
• Peso: 192 g
• Illustrazioni: XVII, 116 p. 6 illus.
• Serie: Gabler Research; Quantitatives Controlling; Quantitatives Controlling
• Categorie: Scienze sociali, diritto, economia > Economia > Economia politica; Bewertung (wirtschaftlich), Controlling, Accounting, Finance, Finance, general, Economics and Finance, Accounting/Auditing, Finance & accounting, Financial Economics, Management science, Public finance, Management accounting & bookkeeping, Bookkeeping