The purpose of this study is to examine the moderating effect board independence on relationship between ownership concentration and accounting conservatism. Using fixed-effect regressions for a sample 165 Vietnamese listed companies from 2007 2017, results revealed that proportion outstanding shares owned by largest shareholder negatively associated with conservatism plays role in relationship...

It is widely recognised that the formal institutional context affects firm ownership concentration. However, impact of informal has received less research attention. Drawing from theory, we tested our hypothesis both and (cultural) contexts simultaneously influence Based on a firm-level database largest 600 listed companies in 19 European countries for period 2009–2015, found contexts, consider...