﻿{"id":104201,"date":"2020-12-01T13:06:47","date_gmt":"2020-12-01T12:06:47","guid":{"rendered":"https:\/\/www.ieseg.fr\/?post_type=events&#038;p=104201"},"modified":"2020-12-01T13:06:47","modified_gmt":"2020-12-01T12:06:47","slug":"accounting-research-seminar-garcia-osma","status":"publish","type":"events","link":"https:\/\/www.ieseg.fr\/en\/events\/accounting-research-seminar-garcia-osma\/","title":{"rendered":"Accounting Online Research Seminar: &#8220;Narrative Conservatism&#8221; by Dr. Beatriz GARCIA OSMA"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-100969\" src=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2.png\" alt=\"\" width=\"880\" height=\"250\" srcset=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2.png 880w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-300x85.png 300w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-768x218.png 768w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-150x43.png 150w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-400x114.png 400w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/><\/p>\n<p style=\"text-align: center;\"><strong>Speaker: Dr. Beatriz GARCIA OSMA<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Carlos III, Madrid &amp; European Accounting Review\u00a0<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Date and Location &#8211; Thursday December 3rd 2020 from 14:30 to 16:00 on Zoom<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>&gt; Abstract:<\/strong><\/p>\n<div>\n<div data-tid=\"messageBodyContainer\">\n<div data-tid=\"messageBodyContent\">We define narrative conservatism as narratives that reect bad news in a more complete, news-consistent, and timely manner than good news. Using 10-Q and 8-K filings from 1994 to 2019, we Find that narrative disclosure is conservative.<\/div>\n<div data-tid=\"messageBodyContent\">\nNarratives are asymmetrically lengthier, timelier, and show greater tone consistency in response to bad news than to good news. Firms report lengthier 10-Qs to clarify rather than obfuscate bad news, and provide more 8-Ks and 8-K items in response to bad news than to good news. We document greater narrative conservatism in the MD&amp;A section and in voluntary disclosure. We provide initial evidence that narrative conservatism is pervasive in firms with high conditional conservatism, intangible assets, R&amp;D expenses and proprietary costs.<\/div>\n<div data-tid=\"messageBodyContent\">\nFinally, we find more narrative conservatism in settings where managers have strong incentives to disclose bad news, validating our empirical approach.<\/div>\n<\/div>\n<\/div>\n<div data-tid=\"messageBodyContent\"><\/div>\n<div style=\"text-align: center;\" data-tid=\"messageBodyContent\"><a class=\"btn-transparent\" href=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/12\/20201203-abstract-GARCIA-OSMA.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Download <\/strong>the Abstract<\/a><\/div>\n<p style=\"text-align: center;\"><a class=\"btn-transparent\" href=\"https:\/\/ieseg.zoom.us\/j\/84558677365\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Join<\/strong> the webinar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Speaker: Dr. Beatriz GARCIA OSMA Carlos III, Madrid &amp; European Accounting Review\u00a0 Date and Location &#8211; Thursday December 3rd 2020 from 14:30 to 16:00 on Zoom &nbsp; &gt; Abstract: We [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","events-category":[200,66,166],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Accounting Online Research Seminar: &quot;Narrative Conservatism&quot; by Dr. Beatriz GARCIA OSMA - I\u00c9SEG<\/title>\n<meta name=\"description\" content=\"Speaker: Dr. Beatriz GARCIA OSMA Carlos III, Madrid &amp; European Accounting Review\u00a0 Date and Location - Thursday December 3rd 2020 from 14:30 to 16:00\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ieseg.fr\/en\/events\/accounting-research-seminar-garcia-osma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting Online Research Seminar: &quot;Narrative Conservatism&quot; 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