Imen Jammoussi

L’effet Du Conservatisme Comptable Sur l’investissement

The objective of this article is to study the effect of accounting conservatism on the efficiency of investments. The results of research conducted on a sample of 300 listed French companies over a period of 2013 to 2018 revealed that the majority of companies are conservative in their information. Richardson's model indicated that companies in overinvested represent 55%, while underinvested companies represent 45% of the sample set. The result also shows that there is a relationship negatively significant between accounting conservatism and overinvestment and underinvestment. Moreover, there is a positive relationship between conservatism accounting and debt financing in companies with a problem of underfunding. investment.