Ownership Type, IFRS Adoption and Unconditional Conservatism

Purpose: The purpose of this study is to investigate how private and public firms vary with respect to unconditional conservatism levels in financial reporting. The study also examines whether adoption of international accounting standards affects the association between conservatism and organizational form. Design/methodology/approach: This study uses a large Indian sample of almost 63,000 firm-year observations across more than 15,500 firms...