All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Masatomo Akita and Yusuke Osaki
 
''Optimal accounting policies under financial constraints: aggressive versus conservative''
( 2011, Vol. 31 No.4 )
 
 
We examine how severity of financial constraints influences firms' choices of accounting policies. This paper shows that firms with mild financial constraints choose an aggressive accounting policy and those with severe financial constraints choose a conservative accounting policy.
 
 
Keywords: accounting policy, financial constraints
JEL: M4 - Accounting and Auditing: General
D8 - Information, Knowledge, and Uncertainty: General
 
Manuscript Received : Mar 10 2011 Manuscript Accepted : Nov 22 2011

  This abstract has been downloaded 183 times                The Full PDF of this paper has been downloaded 87737 times