Ross L. Watts

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Erwin H. Schell Professor of Management

E52-325

Cambridge, MA 02142

United States

SCHOLARLY PAPERS

38

DOWNLOADS
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Top 142

in Total Papers Downloads

58,145

CITATIONS
Rank 230

SSRN RANKINGS

Top 230

in Total Papers Citations

1,546

Scholarly Papers (38)

1.

Conservatism in Accounting

Simon School of Business Working Paper No. FR 02-21
Number of pages: 39 Posted: 20 Jan 2003
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 6,877 (551)
Citation 355

Abstract:

Accounting Conservatism, Financial Reporting, Accounting Standard-setting, Contracting, Corporate Governance

2.

Conservatism in Accounting - Part I: Explanations and Implications

Simon School of Business Working Paper No. FR 03-16
Number of pages: 35 Posted: 06 Jun 2003
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 6,753 (486)
Citation 340

Abstract:

Accounting Conservatism, Financial Reporting, Accounting Standard-setting, Contracting, Corporate Governance

The Relevance of the Value Relevance Literature for Financial Accounting Standard Setting

Simon School of Business Working Paper No. FR 00-05; JAE Rochester Conference April 2000
Number of pages: 80 Posted: 20 Oct 2000
Robert W. Holthausen and Ross L. Watts
University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 6,564 (636)
Citation 254

Abstract:

The Relevance of the Value Relevance Literature For Financial Accounting Standard Setting

Journal of Accounting & Economics, Vol. 31, Nos. 1-3, September 2001
Posted: 02 Oct 2001
Robert W. Holthausen and Ross L. Watts
University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

4.

Conservatism in Accounting - Part Ii: Evidence and Research Opportunities

Simon Business School Working Paper No. FR 03-25
Number of pages: 36 Posted: 27 Aug 2003
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 5,141 (882)
Citation 144

Abstract:

accounting conservatism, financial reporting, accounting standard-setting, contracting, corporate governance

5.
Downloads 4,112 ( 1,456)
Citation 71

The Information Role of Conservatism

Number of pages: 59 Posted: 02 Aug 2006
Ryan LaFond and Ross L. Watts
Algert Global, LLC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 4,112 (1,436)
Citation 71

Abstract:

Conservatism, Accounting Standards, Earnings Management, Corporate Governance, Securities Litigation

The Information Role of Conservatism

Accounting Review, 2008
Posted: 19 Sep 2007
Ryan LaFond and Ross L. Watts
Algert Global, LLC and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Conservatism, Accounting Standards, Earnings Management, Corporate Governance, Securities Litigation

The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis

Journal of Business Finance and Accounting, Forthcoming
Number of pages: 45 Posted: 01 Nov 2011 Last Revised: 04 Jul 2016
Karthik Balakrishnan, Ross L. Watts and Luo Zuo
London Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 3,117 (2,330)

Abstract:

Accounting Conservatism; Investment; Information Frictions; Financing Constraints; Crisis

The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis

Journal of Business Finance and Accounting, Vol. 43, No. 5-6, 2016
Number of pages: 45 Posted: 06 Jul 2016 Last Revised: 27 Jul 2016
Karthik Balakrishnan, Ross L. Watts and Luo Zuo
London Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 160 (147,350)

Abstract:

Accounting Conservatism; Investment; Information Frictions; Financing Constraints; Crisis

7.

Asymmetric Timeliness of Earnings, Market-to-Book and Conservatism in Financial Reporting

MIT Sloan Research Paper No. 4550-05, Simon Business School Working Paper No. FR 04-21
Number of pages: 56 Posted: 20 Dec 2004
Sugata Roychowdhury and Ross L. Watts
Boston College and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,114 (2,252)
Citation 101

Abstract:

Conservatism, asymmetric timeliness, accruals, earnings management, international accounting, executive compensation, debt financing

8.

Estimation and Empirical Properties of a Firm-Year Measure of Accounting Conservatism

MIT Sloan Research Paper No. 4640
Number of pages: 59 Posted: 07 Mar 2007 Last Revised: 09 Jan 2010
Mozaffar Khan and Ross L. Watts
University of Minnesota - Twin Cities - Carlson School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,034 (2,320)
Citation 92

Abstract:

Conservatism, Firm-Year Measure, Properties, Information Asymmetry, Litigation

9.

A Proposal For Research On Conservatism

Simon School of Business Working Paper FR 93-13
Number of pages: 24 Posted: 15 Mar 2001
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,012 (2,216)
Citation 36

Abstract:

10.

Evidence on the Use of Unverifiable Estimates in Required Goodwill Impairment

Review of Accounting Studies, Vol. 17, No. 4, 2012, Harvard Business School Accounting & Management Unit Working Paper No. 09-106
Number of pages: 50 Posted: 21 May 2008 Last Revised: 12 Jun 2012
Karthik Ramanna and Ross L. Watts
Harvard University - Harvard Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,306 (3,560)
Citation 22

Abstract:

agency theory, goodwill impairment, fair-value accounting, FASB, SFAS 142

A Framework for Financial Reporting Standards: Issues and a Suggested Model

Accounting Horizons, Vol. 24, No. 3, 2010, University of Alberta School of Business Research Paper No. 2013-678
Number of pages: 26 Posted: 02 Aug 2009 Last Revised: 10 Jun 2013
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Case Western Reserve University - Department of Accountancy, University of Notre Dame - Department of Accountancy, Yale University - School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Grant Thornton LLP
Downloads 1,964 (5,244)
Citation 4

Abstract:

FASB, IASB, Conceptual Framework, Accounting Standards, Financial Reporting

A Framework for Financial Reporting Standards: Issues and a Suggested Model

University of Alberta School of Business Research Paper No. 2013-1004
Posted: 15 Jan 2010 Last Revised: 12 Jun 2013
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, Grant Thornton LLP, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Case Western Reserve University - Department of Accountancy, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

FASB, IASB, Conceptual Framework, Accounting Standards, Financial Reporting

12.

Evidence on the Effects of Unverifiable Fair-Value Accounting

Harvard Business School Working Paper No. 08-014
Number of pages: 60 Posted: 08 Sep 2007
Karthik Ramanna and Ross L. Watts
Harvard University - Harvard Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,957 (4,792)
Citation 17

Abstract:

goodwill impairment, fair-value accounting, SFAS 142

13.

What has the Invisible Hand Achieved?

Number of pages: 27 Posted: 03 Feb 2006
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,265 (10,482)
Citation 25

Abstract:

Accounting, Standards, Financial reporting, FASB, Conservatism, Corporate governance

14.

A Perspective on the SEC's Proposal to Accept Financial Statements Prepared in Accordance with International Financial Reporting Standards (IFRS) Without Reconciliation to U.S. GAAP

Accounting Horizons, Vol. 22, No. 2, 2008, University of Alberta School of Business Research Paper No. 2013-679
Number of pages: 17 Posted: 11 Oct 2007 Last Revised: 10 Jun 2013
University of Alberta - Department of Accounting, Operations & Information Systems, Emory University - Department of Accounting, City University of New York (CUNY) - Stan Ross Department of Accountancy, University of Georgia, Grant Thornton LLP, University of Missouri at Saint Louis - Accounting Area, Columbia Business School, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,150 (12,430)
Citation 7

Abstract:

Financial Reporting, U.S. GAAP, IFRS, SEC, Reconciliation

15.

Corporate Financial Statements, A Product of the market and political processes

Australian Journal of Management, Vol. 4, April, 1977
Number of pages: 42 Posted: 21 Jul 2006
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,024 (13,354)
Citation 75

Abstract:

Financial reporting, accounting theory

16.

Response to the Financial Accounting Standards Board's and the International Accounting Standard Board's Joint Discussion Paper Entitled, 'Preliminary Views on Revenue Recognition in Contracts with Customers'

Accounting Horizons, Vol. 24, No. 1, 2010, University of Alberta School of Business Research Paper No. 2013-682, Johnson School Research Paper Series No. 37-09
Number of pages: 19 Posted: 04 Jul 2009 Last Revised: 11 Jun 2013
Grant Thornton LLP, Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Case Western Reserve University - Department of Accountancy, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 964 (15,428)

Abstract:

Financial Accounting Standards Board, International Accounting Standards Board, Revenue Recognition, Contracts

17.

A Research Based Perspective on SEC’s Proposed Rule on ROADMAP FOR Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards (IFRS) by U.S. Issuers

Accounting Horizons, Vol. 24, No. 1, 2010, University of Alberta School of Business Research Paper No. 2013-683, Johnson School Research Paper Series No. 21-09
Number of pages: 16 Posted: 16 Apr 2009 Last Revised: 11 Jun 2013
University of Alberta - Department of Accounting, Operations & Information Systems, Grant Thornton LLP, Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, University of Missouri at Saint Louis - Accounting Area, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Case Western Reserve University - Department of Accountancy, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 868 (18,968)
Citation 3

Abstract:

U.S. GAAP, IFRS, SEC, Reconciliation, Roadmap

18.

Response to the Financial Accounting Standards Board's and the International Accounting Standard Board's Joint Discussion Paper Entitled, 'Preliminary Views on Financial Statement Presentation'

Johnson School Research Paper Series No. #32-09
Number of pages: 18 Posted: 24 Jun 2009 Last Revised: 27 Jan 2013
Grant Thornton LLP, Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, University of Notre Dame - Department of Accountancy and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 547 (36,312)

Abstract:

Financial Accounting Standards Board, International Accounting Standards Board, Exposure Draft, Financial Statement Presentation

19.

Comments on Canadian Accounting Standards Board Exposure Draft on Generally Accepted Accounting Principles for Private Enterprises

Accounting Horizons, Vol. 24, No. 1, 2010, University of Alberta School of Business Research Paper No. 2013-693, Johnson School Research Paper Series No. 38-09
Number of pages: 14 Posted: 07 Jul 2009 Last Revised: 11 Jun 2013
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, Grant Thornton LLP, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Case Western Reserve University - Department of Accountancy, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 352 (61,974)

Abstract:

accounting standards, private GAAP

20.

Comments on Proposed SEC 2010-2015 Draft Strategic Plan

Accounting Horizons, Vol. 24, No. 1, 2010, University of Alberta School of Business Research Paper No. 2013-696, Johnson School Research Paper Series No. 04-2010
Number of pages: 12 Posted: 28 Nov 2009 Last Revised: 11 Jun 2013
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, Columbia Business School, Michigan State University - The Eli Broad College of Business and The Eli Broad Graduate School of Management, University of Alberta - Department of Accounting, Operations & Information Systems, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Michigan State University - Eli Broad College of Business and Eli Broad Graduate School of Management, Waseda University - Graduate School of Commerce and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 309 (69,169)

Abstract:

SEC Plan, Disclosure Accounting Standards, Enforcement

21.

Response to the FASB's Preliminary Views on Financial Instruments with Characteristics of Equity

University of Alberta School of Business Research Paper No. 2013-1011
Number of pages: 7 Posted: 16 Jan 2009 Last Revised: 12 Jun 2013
University of Notre Dame - Department of Accountancy, City University of New York (CUNY) - Stan Ross Department of Accountancy, University of Georgia, Grant Thornton LLP, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Columbia Business School, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 239 (94,954)

Abstract:

Financial Reporting, FASB, Financial Instruments, Equity

22.

Response to FAF Exposure Draft on 'Proposed Changes to Oversight, Structure, and Operations of the FAF, FASB, and GASB'

University of Alberta School of Business Research Paper No. 2013-1010
Number of pages: 15 Posted: 08 Feb 2008 Last Revised: 12 Jun 2013
Emory University - Department of Accounting, University of Georgia, Grant Thornton LLP, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Columbia Business School, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 229 (99,881)

Abstract:

FAF, FASB

Understanding Practice and Institutions: A Historical Perspective

Number of pages: 36 Posted: 16 Jun 2016 Last Revised: 04 Jul 2016
Ross L. Watts and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 171 (138,884)
Citation 1

Abstract:

stewardship; conservatism; prudence; market forces; political forces

Understanding Practice and Institutions: A Historical Perspective

Accounting Horizons, Vol. 30, No. 3, 2016
Posted: 30 Jul 2016
Ross L. Watts and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management

Abstract:

stewardship; conservatism; prudence; market forces; political forces

24.

Response to FAF Exposure Draft, 'Proposed Changes to Oversight, Structure, and Operations of the FAF, FASB and GASB'

Journal of Accounting and Public Policy, Vol. 28, No. 1, 2009, University of Alberta School of Business Research Paper No. 2013-1024
Posted: 02 Jul 2013
Grant Thornton LLP, Emory University - Department of Accounting, City University of New York (CUNY) - Stan Ross Department of Accountancy, University of Georgia, University of Alberta - Department of Accounting, Operations & Information Systems, University of Missouri at Saint Louis - Accounting Area, Columbia Business School, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

25.

Comments on the Proposed SEC's 2010-2015 Draft Strategic Plan

Accounting Horizons, Forthcoming
Posted: 15 Jan 2010
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, Columbia Business School, Michigan State University - The Eli Broad College of Business and The Eli Broad Graduate School of Management, University of Alberta - Department of Accounting, Operations & Information Systems, Hong Kong Polytechnic University - School of Accounting and Finance, Columbia Business School - Department of Accounting, Michigan State University - Eli Broad College of Business and Eli Broad Graduate School of Management, Waseda University - Graduate School of Commerce and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

SEC, Strategic Plan, Enforcement, Disclosure

26.

A Perspective on the Canadian Accounting Standards Board Exposure Draft on GAAP for Private Enterprises

Accounting Horizons, Vol. 24(1), March: 129-137, University of Alberta School of Business Research Paper No. 2013-1001
Posted: 25 Aug 2009 Last Revised: 11 Jun 2013
University of Alberta - Department of Accounting, Operations & Information Systems, Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Georgia, Grant Thornton LLP, University of Missouri at Saint Louis - Accounting Area, Columbia Business School - Department of Accounting, Case Western Reserve University - Department of Accountancy, Hong Kong Polytechnic University - School of Accounting and Finance, University of Notre Dame - Department of Accountancy, Yale University - School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Regulatory Competition, Private Enterprises, GAAP

27.

The Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies

Journal of Financial Economics, Vol. 32, 1992
Posted: 06 Sep 2006
Clifford W. Smith Jr. and Ross L. Watts
Simon Graduate School of Business, University of Rochester and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Investment opportunity set, financing policy, dividend policy, compensation policy

28.

Agency Problems, Auditing, and the Theory of the Firm: Some Evidence

Journal of Law and Economics, Vol. 26, 1983
Posted: 06 Sep 2006
Ross L. Watts and Jerold L. Zimmerman
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester - Simon Business School

Abstract:

Auditing, corporate governance, capital markets, agency costs

29.

Towards A Positive Theory of the Determination of Accounting Standards

Accounting Review, Vol. 53, 1978
Posted: 06 Sep 2006
Ross L. Watts and Jerold L. Zimmerman
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester - Simon Business School

Abstract:

Positive theory, accounting standards, political costs, lobbying

30.

The Relation Between Earnings and Cash Flows

Journal of Accounting & Economics, Vol. 25, 1998
Posted: 06 Sep 2006
Patricia M. Dechow, S.P. Kothari and Ross L. Watts
University of California, Berkeley - Accounting Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Accruals, cash flows, earnings, correlations

31.

Stock Prices and Top Management Changes

Journal of Financial Economics, Vol. 20, 1988
Posted: 06 Sep 2006
Jerold B. Warner, Ross L. Watts and Karen H. Wruck
University of Rochester – Simon Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Ohio State University - Fisher College of Business, Department of Finance

Abstract:

Management changes, stock price performance, governance

32.

Positive Accounting Theory: A Ten Year Perspective

Accounting Review, Vol. 65, 1990
Posted: 06 Sep 2006
Ross L. Watts and Jerold L. Zimmerman
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester - Simon Business School

Abstract:

Positive theory, accounting, accounting choice, methodology

33.

Positive Accounting Theory

Ross L. Watts, Jerold L. Zimmerman, POSITIVE ACCOUNTING THEORY, Prentice-Hall Inc., 1986
Posted: 06 Sep 2006
Ross L. Watts and Jerold L. Zimmerman
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester - Simon Business School

Abstract:

Accounting theory, capital markets, contracting, political process

34.

The Demand for and Supply of Accounting Theories: The Market for Excuses

Accounting Review, Vol. 54, 1979
Posted: 06 Sep 2006
Ross L. Watts and Jerold L. Zimmerman
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester - Simon Business School

Abstract:

Political process, accounting theory, normative theory, lobbying

35.

A Market-Based Evaluation of Discretionary-Accrual Models

Simon School of Business Working Paper FR 96-01
Posted: 05 Jul 1998
Wayne R. Guay, S.P. Kothari and Ross L. Watts
University of Pennsylvania - Accounting Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

36.

The Correlation Structure of Earnings Cash Flows and Accruals

Posted: 19 Jun 1995
Patricia M. Dechow, S.P. Kothari and Ross L. Watts
University of California, Berkeley - Accounting Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

37.

Positive Research In Accounting

University of Rochester Working Paper FR 95-01
Posted: 15 May 1995
Ross L. Watts
Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

38.

Lawsuits Against Auditors

Working Paper No FR 93-09
Posted: 08 May 1995
Thomas Z. Lys and Ross L. Watts
Northwestern University - Kellogg School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract: