{"id":"https://openalex.org/W2405855035","doi":null,"title":"Accounting Conservatism, Analysts\u2019 Performance and Stock Market Liquidity","display_name":"Accounting Conservatism, Analysts\u2019 Performance and Stock Market Liquidity","publication_year":2016,"publication_date":"2016-04-15","ids":{"openalex":"https://openalex.org/W2405855035","mag":"2405855035"},"language":"en","primary_location":{"id":"pmh:oai:orbi.ulg.ac.be:2268/197360","doi":null,"is_oa":false,"landing_page_url":"https://orbi.uliege.be/handle/2268/197360","pdf_url":null,"source":{"id":"https://openalex.org/S4306400651","display_name":"Open Repository and Bibliography (University of Li\u00e8ge)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I157674565","host_organization_name":"University of Li\u00e8ge","host_organization_lineage":["https://openalex.org/I157674565"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"2nd HEC Research day, 15 Avril 2016","raw_type":"http://purl.org/coar/resource_type/c_8544"},"volume":null,"type":"other","is_traditional":false,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5023120436","display_name":"Nabila Boussaid","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I157674565","display_name":"University of Li\u00e8ge","ror":"https://ror.org/00afp2z80","country_code":"BE","type":"education","lineage":["https://openalex.org/I157674565"]}],"countries":["BE"],"is_corresponding":false,"raw_author_name":"Nabila Boussaid","raw_affiliation_strings":["Universit\u00e9 de Li\u00e8ge - ULg > > > Doct. sc. \u00e9con. & gest. (sc. gestion - Bologne)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universit\u00e9 de Li\u00e8ge - ULg > > > Doct. sc. \u00e9con. & gest. (sc. gestion - Bologne)","institution_ids":["https://openalex.org/I157674565"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5033732662","display_name":"Taher Hamza","orcid":"https://orcid.org/0000-0002-6264-7366","observed_orcids":["https://orcid.org/0000-0002-6264-7366"]},"institutions":[{"id":"https://openalex.org/I179097149","display_name":"University of Carthage","ror":"https://ror.org/057x6za15","country_code":"TN","type":"education","lineage":["https://openalex.org/I179097149"]}],"countries":["TN"],"is_corresponding":false,"raw_author_name":"Taher Hamza","raw_affiliation_strings":["IHEC-University of Carthage- Tunisia > Finance > Finance >  >"],"raw_orcid":"https://orcid.org/0000-0002-6264-7366","affiliations":[{"raw_affiliation_string":"IHEC-University of Carthage- Tunisia > Finance > Finance >  >","institution_ids":["https://openalex.org/I179097149"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038579996","display_name":"Danielle Sougn\u00e9","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I157674565","display_name":"University of Li\u00e8ge","ror":"https://ror.org/00afp2z80","country_code":"BE","type":"education","lineage":["https://openalex.org/I157674565"]}],"countries":["BE"],"is_corresponding":false,"raw_author_name":"Danielle Sougn\u00e9","raw_affiliation_strings":["Universit\u00e9 de Li\u00e8ge > HEC-Ecole de gestion de l'ULg : UER > Gestion financi\u00e8re et consolidation >"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universit\u00e9 de Li\u00e8ge > HEC-Ecole de gestion de l'ULg : UER > Gestion financi\u00e8re et consolidation >","institution_ids":["https://openalex.org/I157674565"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13366","display_name":"Accounting Theory and Financial Reporting","score":0.0017999999690800905,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/accounting-conservatism","display_name":"accounting conservatism","score":0.9729999899864197},{"id":"https://openalex.org/keywords/analyst-earnings-forecasts","display_name":"analyst earnings forecasts","score":0.8199999928474426},{"id":"https://openalex.org/keywords/forecast-accuracy","display_name":"forecast accuracy","score":0.9079999923706055},{"id":"https://openalex.org/keywords/forecast-dispersion","display_name":"forecast dispersion","score":0.984000027179718},{"id":"https://openalex.org/keywords/stock-liquidity","display_name":"stock liquidity","score":0.9539999961853027},{"id":"https://openalex.org/keywords/market-impact","display_name":"price impact","score":0.984000027179718},{"id":"https://openalex.org/keywords/information-environment","display_name":"information environment","score":0.6850000023841858},{"id":"https://openalex.org/keywords/french-firms","display_name":"French firms","score":0.7910000085830688}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6016358137130737},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5924047827720642},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.5608077645301819},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.502082109451294},{"id":"https://openalex.org/C96640997","wikidata":"https://www.wikidata.org/wiki/Q5163004","display_name":"Conservatism","level":3,"score":0.44495949149131775},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3368726074695587},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2877430021762848},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24651211500167847},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.07213741540908813},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.070441335439682},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:orbi.ulg.ac.be:2268/197360","doi":null,"is_oa":false,"landing_page_url":"https://orbi.uliege.be/handle/2268/197360","pdf_url":null,"source":{"id":"https://openalex.org/S4306400651","display_name":"Open Repository and Bibliography (University of Li\u00e8ge)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I157674565","host_organization_name":"University of Li\u00e8ge","host_organization_lineage":["https://openalex.org/I157674565"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"2nd HEC Research day, 15 Avril 2016","raw_type":"http://purl.org/coar/resource_type/c_8544"},{"id":"pmh:oai:orbi.ulg.ac.be:2268/197362","doi":null,"is_oa":false,"landing_page_url":"https://orbi.uliege.be/handle/2268/197362","pdf_url":null,"source":{"id":"https://openalex.org/S4306400651","display_name":"Open Repository and Bibliography (University of Li\u00e8ge)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I157674565","host_organization_name":"University of Li\u00e8ge","host_organization_lineage":["https://openalex.org/I157674565"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"33 rd International French Finance Association Conference, du 23 Mai 2016 au 25 Mai 2016","raw_type":"info:eu-repo/semantics/conferencePaper"},{"id":"pmh:oai:orbi.ulg.ac.be:2268/202230","doi":null,"is_oa":false,"landing_page_url":"https://orbi.uliege.be/handle/2268/202230","pdf_url":null,"source":{"id":"https://openalex.org/S4306400651","display_name":"Open Repository and Bibliography (University of Li\u00e8ge)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I157674565","host_organization_name":"University of Li\u00e8ge","host_organization_lineage":["https://openalex.org/I157674565"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"7th International Research Meeting in Business and Management, Nice, France [FR], du 11 juillet au 12 juillet 2016","raw_type":"info:eu-repo/semantics/conferencePaper"},{"id":"mag:2405855035","doi":null,"is_oa":false,"landing_page_url":"http://orbi.ulg.ac.be/handle/2268/197360","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2806817355","https://openalex.org/W3122883123","https://openalex.org/W4233015443","https://openalex.org/W6989088072","https://openalex.org/W1969698067","https://openalex.org/W4313445199","https://openalex.org/W1894164771","https://openalex.org/W4394863451","https://openalex.org/W2186774769","https://openalex.org/W2597379571"],"abstract_inverted_index":{"This":[0],"paper":[1],"investigates":[2],"whether":[3],"conditional":[4],"accounting":[5,28,45,72],"conservatism":[6,29,46,73,95],"has":[7],"informational":[8],"benefits":[9],"to":[10,75,98],"financial":[11,99,104],"market":[12,80],"participants.":[13],"Using":[14],"a":[15],"large":[16],"sample":[17],"of":[18],"French":[19],"firms":[20],"over":[21],"the":[22,31,84],"period":[23],"2001-2014,":[24],"we":[25],"report":[26],"that":[27,42,68],"improves":[30],"firm":[32,71],"information":[33],"environment":[34],"by":[35],"providing":[36],"verifiable":[37],"information.":[38],"We":[39,64],"specifically":[40],"document":[41],"increases":[43,69,77],"in":[44,61,70,78,92],"are":[47,91],"associated":[48],"with":[49,94],"more":[50],"accurate":[51],"analyst":[52],"earnings":[53],"forecasts,":[54],"less":[55,59],"dispersed":[56],"forecasts":[57],"and":[58,106],"volatility":[60],"forecast":[62],"revisions.":[63],"also":[65],"provide":[66],"evidence":[67],"lead":[74],"subsequent":[76],"stock":[79],"liquidity,":[81],"tested":[82],"on":[83],"price":[85],"impact":[86],"dimension.":[87],"Overall,":[88],"our":[89],"findings":[90],"line":[93],"being":[96],"useful":[97],"markets":[100],"participants":[101],"such":[102],"as":[103],"analysts":[105],"investors.":[107]},"counts_by_year":[],"updated_date":"2026-11-06T12:05:46.655746","created_date":"2016-06-24T00:00:00"}
