Slide 1 Earnings Management and Earnings Quality Slide 2 Prospect Theory Test 1: An 80% chance to win $4,000, 20% win nothing A certain gain of $3,000 Test 2: An 80% chance…
Research Journal of Finance and Accounting www.iiste.org ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 2, No 12, 2011 7 Do Conditional and Unconditional Conservatism…