Why are losses less persistent than profits? : curtailments versus conservatism

Journal

Management Science

Subject

Accounting

Publishing details

Management Science 2017 Vol 64:2 p 673-694

Authors / Editors

Lawrence A; Sloan R; Sun E

Biographies

Lawrence A

Publication Year

2017

Keywords

Conservatism; Conditional conservatism; Loss persistence; Abandonment option; Curtailment; Asset impairment