Jump to ContentJump to Main Navigation

You are looking at 1-10 of 12 items for:

  • Keywords: conservatism x
  • Economics and Finance x
Clear All Modify Search

View:

 Corporate Financial Reporting and Regulation in Germany

George J. Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer

in Worldwide Financial Reporting: The Development and Future of Accounting Standards

Published in print:
2006
Published Online:
February 2006
ISBN:
9780195305838
eISBN:
9780199783342
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195305833.003.0006
Subject:
Economics and Finance, Financial Economics

Germany has a very different regulatory tradition from the other countries covered in this book. This chapter explains the origins, current status, and recent changes of the German financial ... More


Risk Analysis and Regulatory Policy

W. Kip Viscusi

in Rational Risk Policy: The 1996 Arne Ryde Memorial Lectures

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198293637
eISBN:
9780191596995
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198293631.003.0006
Subject:
Economics and Finance, Microeconomics

Analysis of carcinogen regulations implies that regulation is often not driven by the magnitude of the risk, but by whether the chemicals involved are synthetic chemicals. Risk assessments are often ... More


A Web of Reinforcements

Ekkehart Schlicht

in On Custom in the Economy

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198292241
eISBN:
9780191596865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292244.003.0002
Subject:
Economics and Finance, Microeconomics, History of Economic Thought

Custom comprises habitual, emotional, and cognitive aspects that mutually reinforce each other. This chapter concentrates on conservatism and conformity as important elements in the formation of ... More


Smooth and Lumpy Changes

Ekkehart Schlicht

in On Custom in the Economy

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198292241
eISBN:
9780191596865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292244.003.0004
Subject:
Economics and Finance, Microeconomics, History of Economic Thought

Conservatism and conformity lead to inertia and critical mass phenomena. As a consequence, smooth changes in circumstances may induce discontinuous changes in custom and give rise to phenomena of ... More


Accounting and Economics: What We Learn from Analytical Models in Financial Accounting and Reporting

Alfred Wagenhofer

in The Economics and Politics of Accounting: International Perspectives on Trends, Policy, and Practice

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199260621
eISBN:
9780191601668
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199260621.003.0001
Subject:
Economics and Finance, Financial Economics

The objective is to discuss the merits of analytical models in financial accounting research. Analytical models are particularly useful for gaining insights into situations that are characterized by ... More


New Accounting for Goodwill: Application of American Criteria from a German Perspective

Walther Busse von Colbe

in The Economics and Politics of Accounting: International Perspectives on Trends, Policy, and Practice

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199260621
eISBN:
9780191601668
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199260621.003.0008
Subject:
Economics and Finance, Financial Economics

A critical examination is made, from a German perspective, of accounting for purchased goodwill using the new (American) Financial Accounting Standards Board (FASB) standard: Statement of Financial ... More


Heuristic‐Driven Bias: The First Theme

Hersh Shefrin

in Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing

Published in print:
2002
Published Online:
November 2003
ISBN:
9780195161212
eISBN:
9780199832996
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195161211.003.0002
Subject:
Economics and Finance, Financial Economics

Statistics and probability are essential concepts when it comes to risk. Yet, most people have poor intuition about statistics and probabilities. Instead of behaving like professional statisticians, ... More


Biased Reactions to Earnings Announcements

Hersh Shefrin

in Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing

Published in print:
2002
Published Online:
November 2003
ISBN:
9780195161212
eISBN:
9780199832996
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195161211.003.0008
Subject:
Economics and Finance, Financial Economics

Mispricing is complicated. Sometimes mispricing results in reversals, while at other times it results in momentum. Momentum and reversals co‐exist, despite lying at diametrically opposite ends of the ... More


A Model of Investor Sentiment

Andrei Shleifer

in Inefficient Markets: An Introduction to Behavioral Finance

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198292272
eISBN:
9780191596933
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292279.003.0005
Subject:
Economics and Finance, Financial Economics

Studies how investors form their beliefs. It begins with an overview of some of the empirical violations of market efficiency that recent models of investor sentiment try to address. It then presents ... More


The Benchmark: What Should GAAP Look Like?

Karthik Ramanna

in Political Standards: Corporate Interest, Ideology, and Leadership in the Shaping of Accounting Rules for the Market Economy

Published in print:
2015
Published Online:
May 2016
ISBN:
9780226210742
eISBN:
9780226210889
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226210889.003.0002
Subject:
Economics and Finance, Financial Economics

This chapter develops the economic theory of corporate financial reporting that provides – from first principles – the properties of a sound accounting system. This economic framework is used in ... More


View: