The Effect of Conservative Accounting on the Bondholder-Shareholder Conflict and Cost of Debt

Bachelor thesis English OPEN
Nordlind, Felix; Lucki Racana, Samuel;
(2013)
  • Publisher: Uppsala universitet, Företagsekonomiska institutionen
  • Subject: Conservative Accounting | Bondholder-Shareholder Conflict | Corporate Debt | Bond Spread | Dividend Policy | Norway

Prior research on conservative accounting and bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely redu... View more
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