Carlo D'Augusta is an Assistant Professor of Accounting at Bocconi University (Italy). Before joining Bocconi University's faculty in 2021, he was part of the accounting faculty at Georgia State University and Middle Tennessee State University (USA).His research explores the impact of financial information characteristics on capital markets and investors' responses to financial disclosures. He investigates how various types of disclosures interact to influence information users. Specifically, he has delved into the interconnectedness of accounting conservatism, voluntary disclosure practices, and the stock market. His work has been published in leading academic journals, including The Accounting Review, Contemporary Accounting Research, the European Accounting Review, the Journal of Accounting, Auditing & Finance, the Review of Accounting and Finance, The International Journal of Accounting, and Finance Research Letters.

• Introduction.-  Conceptual Developments.-  Measurement of Conservatism for Empirical Research.- Conservatism and the Stock Market: Major Empirical Findings from Three Decades of Research.- Conservatism’s Role in the Italian Stock Market: Three Empirical Studies.- Concluding Remarks.