Financial reporting conservatism enjoys a long-standing place of prominence in accounting principles and practices. Its prevailing influence justifies the considerable attention conservatism has, and continues to receive in accounting research. A growing body of recent research suggests that, in time series, financial reporting has become more conservative. Whilst this evidence is intuitive on a number of levels, the notion of conservatism appears to be incongruent with the continual spate of corporate collapses that plague our financial world and the outward rejection of conservatism as a desirable qualitative characteristic of financial reporting by Australian and U.S. standard setters. Existing empirical research indicates that conservatism continues to be evident in accounting and serves a positive function in contracting efficiencies with evidence, inter alia, of conservatism mitigating agency conflicts and therefore reducing the cost of debt and improving corporate governance (Watts 2003a). However, little evidence exists regarding its economic consequences in terms of its impact on the cost of equity capital. This thesis empirically examines the relationship between conservatism and the cost of equity capital under a framework supported by Signalling Theory rather than Agency (Contracting) Theory, consistent with the theoretical propositions modelled by Gietzmann and Trombetta (2003) and Bagnoli and Watts (2005). The primary research question of this thesis explores the influence of conservatism on the cost of equity capital and thus asks if the firm’s decision to adopt conservative reporting practices has economic consequences. At the same time, research has seen a plethora of studies that investigate the capital market impacts of the firm’s disclosure policy. Existing empirical research provides evidence in part indicating that the cost of equity capital is reducing in disclosure levels, however, existing empirical research does not provide evidence on how conservatism and disclosure interact. Therefore, the second research question seeks to explore this interaction and investigates the conditional influence of disclosure on the primary relationship between conservatism and the cost of equity capital. Using a sample of U.S. listed entities for the period 1984 to 1994, this thesis investigates the individual (unconditional) and joint (conditional) impact of conservatism and disclosure on the cost of equity capital. The thesis makes several contributions. First, the findings provide considerable new evidence in support of the prediction that the cost of equity capital is decreasing in the level of conservatism. Consistent with the theoretical propositions in Gietzmann and Trombetta (2003) and Bagnoli and Watts (2005), it is argued that by signalling of firm quality through adoption of conservative reporting practices, firms have the ability to reduce non-diversifiable firm-specific information risk and hence will benefit from a resulting decrease in the cost of equity capital. Second, this thesis re-examines the relationship between disclosure and the cost of equity capital with evidence indicating that the cost of equity capital is decreasing in the disclosure level as measured by the comprehensive disclosure score. Third, this thesis explores new ground in its investigation of the interaction between conservatism and disclosure and their joint influence on the cost of equity capital. The findings provide considerable support for the prediction that the value of conservatism is diminished in environments of low information asymmetry (high disclosure). It is conjectured that because there is little private information in environments of low information asymmetry, there are no signalling benefits to be gained. Finally, the results provide consistent evidence of an inverse relationship between conservatism and disclosure. The findings suggest that conservatism and disclosure are therefore strategy substitutes in the overall reporting strategy. The findings of this thesis provide considerable support for the benefits of conservatism and provide a further explanation for the continued observation of conservatism evidenced in prior empirical research. Further, the findings provide support for the conjecture that conservatism and disclosure each have a role to play in the financial reporting strategy of the firm. Overall, the findings of thesis provide new evidence indicating that the firm’s decision to adopt conservative reporting practices has the potential to reap real economic benefit in terms of reduction in the cost of equity capital and that conservatism has a positive role in accounting principles and practices.

Thesis (M.A.) - Carleton University, 2005. / Includes bibliographical references (p. 134-140). Also available in electronic format on the Internet.

Honors Project--Smith College, Northampton, Mass., 2009. / Includes bibliographical references (p. 31-34).

Thesis (doctoral) - Universität, Hannover, 2004. / Preface in German. Series designation and series numbering missing in the book. Includes bibliographical references (p. 145-161).

Thesis (Ph. D.)--Uppsala, 2000. / Includes bibliographical references (p. 307-316) and index.

Thesis (doctoral) - Universität, Hannover, 2004. / Preface in German. Series designation and series numbering missing in the book. Includes bibliographical references (p. 145-161).

Esta tese tem por objetivo analisar a trajetória política do Partido de Reedificação da Ordem Nacional (Prona), organização liderada por Enéas Ferreira Carneiro. Fundado em 1989 e existente até 2006, o Prona representou uma alternativa de direita radical à ordem democrática brasileira, agregando diversos estratos do conservadorismo e autoritarismo político brasileiro após o fim do regime militar. Dessa maneira, a pesquisa se estrutura em dois eixos fundamentais e complementares. Em primeiro lugar, busca analisar a diversidade constituída pela própria agremiação, isto é, quais os caminhos percorridos por uma pequena legenda partidária que buscava eleger seu líder como Presidente da República. Além disso, a pesquisa objetivou analisar também a circularidade de ideias que permearam o partido político em questão, sobretudo no âmbito das cooperações da direita radical brasileira, seu preceitos e valores conservadores e autoritários. Dessa maneira, busca compreender não apenas a trajetória da própria agremiação, mas também suas relações em amplitude nacional e internacional. / This thesis aims to analyze the political trajectory of the Reedification of National Order Party (PRONA), an organization led by Eneas Ferreira Carneiro. Founded in 1989 and existed until 2006, PRONA represented a radical right alternative to the Brazilian democratic order, adding several layers of Brazilian political conservatism and authoritariansm after the end of Military dictatorship. Thus, the research is divided into two core and complementary lines. First, is to analyze the diversity constituted by the Party, that is, which paths were taken by a small party label that sought to elect their leader as President. In addition, the research also aimed at analyzing the circularity of ideas that permeated the political party in question, particularly in the context of cooperation of the Brazilian radical right and its precepts and conservative and authoritarian values. In this way, seeks to analyze not only the trajectory of their own party, but also their relationships on a national and international scale.

No description available.

Submitted by Jordan (jordanbiblio@gmail.com) on 2018-07-27T14:20:14Z No. of bitstreams: 1 DISS_2015_Bruna Fernanda Bólico Pereira.pdf: 1090246 bytes, checksum: bd6044cdd41a8355ba9a1eda02bbe061 (MD5) / Approved for entry into archive by Jordan (jordanbiblio@gmail.com) on 2018-08-02T12:50:01Z (GMT) No. of bitstreams: 1 DISS_2015_Bruna Fernanda Bólico Pereira.pdf: 1090246 bytes, checksum: bd6044cdd41a8355ba9a1eda02bbe061 (MD5) / Made available in DSpace on 2018-08-02T12:50:01Z (GMT). No. of bitstreams: 1 DISS_2015_Bruna Fernanda Bólico Pereira.pdf: 1090246 bytes, checksum: bd6044cdd41a8355ba9a1eda02bbe061 (MD5) Previous issue date: 2015-10-19 / Este trabalho tem como objetivo analisar a presença do conservadorismo no Serviço Social brasileiro. Para isso foi realizada uma pesquisa bibliográfica e documental. Busca-se compreender a ideologia conservadora clássica, e o seu significado com o advento da modernidade, bem como a oposição ao conservadorismo e a resistência que se estabeleceu com a dialética marxista. Percorremos o momento histórico em que emerge a profissão de Serviço Social até o processo de busca de ruptura com o tradicionalismo. Posteriormente buscamos identificar os principais caminhos que reatualizam o conservadorismo e o neoconservadorismo no Serviço Social. Procurou-se, ter clareza dos desafios que se apresentam a profissão, a fim de lançar-se ao seu enfrentamento. / This work aims to analyze the presence of conservatism in the Brazilian Social Service. For this a literature search was performed. We seek to understand the classic conservative ideology, and its meaning with the advent of modernity, as well as opposition to conservatism and resistance that was established with the Marxist dialectic. We go through the historical moment that emerges of social workers to the search process to break with traditionalism. And then we enter in the contemporary world in order to identify the main ways that reactualized conservatism and neoconservatism in Social Work. He tried to even have clarity of the challenges facing the profession in order to throw himself to his face.

Made available in DSpace on 2016-08-03T12:20:42Z (GMT). No. of bitstreams: 1 Daniel Augusto.pdf: 1705178 bytes, checksum: aa533e8fb866e673a81061ab8a9af2cb (MD5) Previous issue date: 2008-06-27 / Coordenação de Aperfeiçoamento de Pessoal de Nível Superior / This work studies the crisis experienced by the Methodist Church of Brazil in the second half of the 1960's. Influenced by the political environment of the military dictatorship, Brazilian Methodism was a space of collision between liberal and conservative groups of the denomination. The principle space of this collision was the School of Theology and the II Extraordinary General Council, in 1968, as well as a series of events that followed during the years 1969 and 1970. The research raises questions regarding the theological and ideological foundations that provided the bases for the attitudes of the conservative groups of Methodism in this conflict, which is an aspect rarely considered by historical studies regarding the theme. The principle suspicion is that the conservative positions originated from a centuries old tradition, brought by North American missionaries during the implantation of Protestantism in Brazil. This tradition was transformed into an Ethos of Brazilian Protestantism between the end of the XIX and the middle of the XX century. The conservative position was configured, as such, in reaction to the Ethos threatened by new actors in the religious field and by the demands of a society in conflict.(AU) / Este trabalho estuda uma crise vivida pela Igreja Metodista na segunda metade da década de sessenta. Influenciado pelo ambiente político da ditadura militar, o metodismo brasileiro foi campo de um embate entre as alas liberais e conservadoras da denominação. Palco deste embate foi a Faculdade de Teologia e o II Concílio Geral Extraordinário, em 1968, além de uma série de eventos que a ele se seguiram durante os anos de 1969 e 1970. A pesquisa problematiza os fundamentos teológicos e ideológicos que fundamentaram as atitudes das alas conservadoras do metodismo neste conflito, um aspecto pouco considerado pela historiografia sobre o tema. A principal suspeita é a de que as posturas conservadoras decorreram de uma tradição centenária, trazida pelos missionários norte-americanos, quando da implantação do Protestantismo no Brasil. Esta tradição transformou-se numa espécie de Ethos do protestantismo brasileiro, entre o final do século XIX e meados do XX. A postura dos conservadores configura-se, assim, numa reação ao Ethos ameaçado por novos atores do campo religioso e pelas demandas da sociedade em conflito.(AU)