The aim of this study is to determine which of the two most commonly used methods in the literature, “Profit/Stock Return” and Accruals/Cash Flows” models better measure the conservatism level of companies. In addition, three different observation periods were used for each model in order to determine which period best represents the level of conservatism. In this context, the conservatism levels of 263 listed companies in BIST between 2004 and 2017 were tested using panel data regression analysis. The research findings show that companies have conservatism practices in three periods according to the Profit/Stock Return model and that the periodic conservatism levels are close to each other, while the Accruals/Cash Flows model shows that they have conservatism practices in only one observation period.
Primary Language | Turkish |
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Subjects | Business Administration |
Journal Section | MAIN SECTION |
Authors | |
Publication Date | March 30, 2020 |
Submission Date | June 27, 2019 |
Published in Issue | Year 2020 |