Year: 2011
Type: article
Abstract: The current financial crisis which began in 2008 created economic disruption on a global level. This studyinvestigates the effect of accounting conservatism on the disposition effect in the Chinese capital markets. Ourresearch findings show accounting conservatism offsets “overestimation “and “underestimation” resulting fromthe disposition effect. From an accounting perspective, we find the governance role of conservatism may correctinaccurate market pricings; we believe this research provides knowledge that will assist investors and policymakers to understand accounting conservatism and make better decisions.
Authors: Ying Zhao, Roger Su, Keith Hooper
Institutions: Auckland University of Technology, Beihang University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2120795754