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September 27, 2023

recognize bad news right away

Is Conservative Accounting Interfering with Business Innovation?

That's according to this article in Bloomberg/Businessweek: Adopting a very conservative accounting style can have long-term effects on growth, says Gilles Hilary, associate professor of accounting & control at INSEAD. Hilary and co-authors Xin Chang and Jun Koo Kan of Nanyang Business School in Singapore and Wenrui Zhan of Xiamen University in China tracked more […]