Managerial myopia and the unintended real consequences of conditional conservatism

Unintended Consequences.

The law of unintended consequences?

systematic risk and conditional conservatism

this paper examines the effect of systematic risk on accounting conservatism. the idea is that in firms with higher systematic risk, managers have higher incentives to delay the recognition of bad news in the hope of future good news. they also face less demand for conservatism from investors and auditors. in this paper, for measuring systematic risk and accounting conservatism, we used beta fr...

The Consequences of Unintended Childbearing

The Unintended Consequences of Checklists

Research suggests that checklists reduce errors in fields ranging from aviation to medicine. Checklists are effective in part because their content is not randomly selected from available information but strongly sampled from information experts believe is critical. This sampling process supports the inference that unlisted information is unlikely to be important. However, this predicts that ch...