Implications of biased reporting: conservative and liberal accounting policies in oligopolies

We examine the effects of biased (conservative or liberal) reporting on product market competition. Cournot duopolists observe either firm-specific or industry-wide shocks and provide noisy reports subject to an exogenous mandated bias attributed to public policy. Given neutral prior beliefs, either...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Review of accounting studies 2016-03, Vol.21 (1), p.251-279
Hauptverfasser:	Friedman, Henry L., Hughes, John S., Saouma, Richard
Format:	Artikel
Sprache:	eng
Schlagworte:	Accounting policies Accounting/Auditing Bias Business and Management Capital markets Competition Conservatism Consumers Corporate Finance Financial reporting Information sharing Liberalism Oligarchy Public Finance Public policy Studies
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!