I'm following the tips from questions like this to create a button style like suggested on Material Design.

However, I need to change the corner radius and haven't been able to do so by inheriting Widget.AppCompat.Button.Colored style and setting the radius parameter.

How can I have the same style but with rounded corners?

Update:

Answer by Gabriele Mariotti below is now better.

Old answer:

You need to inherit that style.

Add into your styles.xml:

 <style name="AppTheme.RoundedCornerMaterialButton" parent="Widget.AppCompat.Button.Colored">
        <item name="android:background">@drawable/rounded_shape</item>
 </style>

Add file drawable/rounded_shape.xml:

<shape
    xmlns:android="http://schemas.android.com/apk/res/android"
    android:shape="rectangle"   >

    <solid
        android:color="@color/colorAccent" >
    </solid>

    <corners
        android:radius="11dp"   >
    </corners>

</shape>

And finally in your layout:

 <Button
       android:layout_width="wrap_content"
       android:layout_height="wrap_content"
       android:text="Test Text"
       style="@style/AppTheme.RoundedCornerMaterialButton"/>

Edit: updated answer to use theme's color rather than hardcoded one.