The Effect of Accounting Conservatism on the Investors’ Risk Taking’s Behavior (An Empirical Study)

Abstract

The decision making process has become a very critical and essential issue and process in any entity, whether it is a commercial or a non-commercial entity. The importance of the decision making process arises as a result of its strong tight unbreakable bond to important procedures and actions in any entity as it’s related to managerial short and long term planning, organizing, directing and controlling functions. It also has extensive consequences on all levels of the entity. Decision making is also vital to achieve the entities’ goals and objectives within specified time and financial plan. Hence, decision-making is a universal function aimed at achieving entities’ goals. Decisions become more sophisticated and complicated when they are accompanied with risk and uncertain outcomes. As the level