德勤－复旦会计论坛系列讲座之一百六十九
时 间：2019年10月22日（周二）下午14：00
地 点：史带楼603室
主持人：陈超 教授
主讲人：Gerald J. Lobo (University of Houston)
主 题：Is Corporate Social Responsibility Performance Related to Conditional Accounting Conservatism?
摘 要：We examine the relationship between corporate social responsibility (CSR) performance and conditional accounting conservatism. Drawing upon the stakeholder-engaging and informationenhancing perspectives of CSR activities, we hypothesize that the demand for conditional conservatism, primarily arising from various contracting parties’ concern about managerial opportunism and/or information asymmetry, is lower for better-performing CSR firms. Using the CSR ratings from the KLD database, we find, as predicted, a negative relation between CSR performance and conditional conservatism. These findings are robust to using a difference-indifferences research design and alternative measures of conditional conservatism. Further, crosssectional analyses reveal that the negative association is more pronounced for firms with greater information asymmetry, stronger corporate governance, and lower asset liquidation value. Overall, this study enhances understanding of how a firm’s CSR engagement may relate to an important attribute of financial reporting.
会计学系
2019-10-16
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