Conditional and Unconditional Conservatism

Implications for Accounting Based Valuation and Risky Projects

  • Authors
  • Julia┬áNasev

Table of contents

  1. Front Matter
    Pages I-XVII
  2. Julia Nasev
    Pages 1-5
  3. Julia Nasev
    Pages 67-68
  4. Back Matter
    Pages 69-116

About this book


At the heart of the current debate on financial reporting standards is conservatism. It is one of the oldest principles in accounting. Most obviously, conservatism is reflected in high market-to-book ratios indicating that accounting measurement understates book value relative to market value. Julia Nasev examines the impact of conservative accounting numbers on valuation estimates and on real economic decisions such as cost stickiness.


Accounting Conservatism Cost Stickiness Equity Valuation Linear Information Model RM Residual Income Model

Bibliographic information

  • DOI
  • Copyright Information Gabler Verlag | GWV Fachverlage GmbH, Wiesbaden 2009
  • Publisher Name Gabler
  • eBook Packages Business and Economics
  • Print ISBN 978-3-8349-2122-2
  • Online ISBN 978-3-8349-8458-6
  • Buy this book on publisher's site