conservatism

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Related to Politically conservative: Politically liberal

Conservatism

The philosophy that what has been done should continue to be done as long as there is not a positive reason to change it. Conservatives may favor class distinctions as natural, or at least not harmful. In modern times, conservatism has become associated with the political right, or the belief that capitalism and the free market tend to best determine how an economy ought to be organized.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

conservatism

or

prudence

see ACCOUNTING CONCEPTS.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
In this study, I build on this work by presenting findings from a narrative inquiry of politically conservative teachers reflecting upon their experiences in a teacher education program they perceived as ideologically liberal.
The two men are politically conservative and the dispute was not over taxes or security.
The surveyed CEOs seem to favor politically conservative states.
Passersby who stopped to answer surveys taken next to churches reported themselves as more politically conservative and more negative toward non-Christians than did people questioned within sight of government buildings--a finding that may be significant when it comes to voting, according to a study at Baylor University, Waco, Texas.
Some cite talk radio's politically conservative east as the reason for its growth.
Stern, an active member in the Reform movement and contributor to the Weekly Standard, wanted to endow the school with a chair for a politically conservative scholar.
Born into an Australian patrician family headed by his newspaper proprietor father, Sir Keith Murdoch, he is reviled by critics who deride his politically conservative dominance of the global news market and blame him for the excesses of tabloid media.
But the Brotherhood's leadership is bitterly divided on the wisdom of such a move: A "reformist" wing supports a more confrontational style of politics, which would include boycotting elections, while the group's more politically conservative members focus on recruitment and try to avoid confrontation with the government.
Today's bishops, however, are not only more theologically conservative than their counterparts in the 1940s and 1950s; they are also more politically conservative.
The news prompted politically conservative American commentator, Debbie Schlussel, to post a story on her website, sarcastically titled "Dubai-Bye: US University's Dubai Campus a Failure, Closes."
When that wave of emigration reversed--when those countless doctors, lawyers, architects, and engineers returned home--something of Saudi Arabia (politically conservative, intensely religious) traveled, too, and seeped into the very fabric of Egyptian society, which was relatively liberal and decidedly secular at the time.
In Anschutz, Murdoch found an ideologically compatible buyer for the politically conservative magazine.

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