The impact of narrative disclosure readability on bond ratings and the cost of debt
Sign Up to like & getrecommendations! Published in 2017 at "Review of Accounting Studies"
DOI: 10.1007/s11142-017-9388-0
Abstract: Prior research on the determinants of credit ratings has focused on rating agencies’ use of quantitative accounting information, but the there is scant evidence on the impact of textual attributes. This study examines the impact… read more here.
Keywords: disclosure; bond; readability; cost debt ... See more keywords
Criminals, bankruptcy, and cost of debt
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DOI: 10.1007/s11142-021-09608-6
Abstract: We examine whether criminal records of CEOs and rank-and-file employees are associated with firms’ likelihood of bankruptcy, and whether lenders adjust their required cost of debt accordingly. We use a nationwide sample of private firms… read more here.
Keywords: criminal records; bankruptcy; criminals bankruptcy; cost debt ... See more keywords
Transactional and relational approaches to political connections and the cost of debt
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DOI: 10.1016/j.jcorpfin.2020.101768
Abstract: Abstract This paper examines the economic effects of a firm's approach to developing and maintaining political connections. Specifically, we investigate whether lenders favor transactional connection as opposed to relational connection. By tracing firms in a… read more here.
Keywords: political connections; connection; relational approaches; transactional relational ... See more keywords
Do creditors price firms’ environmental, social and governance risks?
Sign Up to like & getrecommendations! Published in 2017 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2017.07.151
Abstract: The relationship between Corporate Social Performance (CSP) and firm value has received a growing attention in recent academic literature. Despite the rich contributions it has led to, few studies attempted to investigate the link between… read more here.
Keywords: firms cost; creditors price; price firms; governance ... See more keywords
Corporate Tax Integrity and the Cost of Debt: Evidence from China
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DOI: 10.1080/1540496x.2021.1921731
Abstract: ABSTRACT This study examines whether and how tax integrity affects the cost of debt. Whereas most previous studies capture firms’ trust indirectly, we capture a firm’s earned trust more directly by using its tax-paying credit… read more here.
Keywords: tax integrity; cost debt; tax;
CSR performance and the cost of debt: does audit quality matter?
Sign Up to like & getrecommendations! Published in 2020 at "Corporate Governance"
DOI: 10.1108/cg-11-2019-0335
Abstract: Purpose This study aims to shed light on the effect of corporate social responsibility (CSR) on the cost of debt. It also investigates whether audit quality affects the cost of debt incurred by socially responsible… read more here.
Keywords: quality; audit quality; debt; csr ... See more keywords
Foreign ownership and cost of debt financing: evidence from an emerging market
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Emerging Markets"
DOI: 10.1108/ijoem-09-2019-0750
Abstract: PurposeThis paper aims to investigate the effect of foreign ownership on cost of debt financing in an emerging stock market.Design/methodology/approachCost of debt is a function of foreign ownership. Control variables include state ownership, firm profitability,… read more here.
Keywords: debt; debt financing; foreign ownership; cost debt ... See more keywords
Integrated reporting quality and cost of debt financing
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Applied Accounting Research"
DOI: 10.1108/jaar-04-2021-0097
Abstract: PurposeIn recent years, policymakers have increasingly pushed firms to disclose non-financial information. In Europe, integrated reporting (IR) is an increasingly adopted tool to fully comply with the requirements of the Directive 2014/95/EU. This study aims… read more here.
Keywords: quality; quality cost; integrated reporting; cost debt ... See more keywords
Earnings management, audit quality, and cost of debt: evidence from a Central Asian economy
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DOI: 10.1108/maj-12-2017-1730
Abstract: Purpose This study aims to examine the effects of earnings management and audit quality on cost of debt of listed companies in Kazakhstan. The study also investigates the effects of audit quality on earnings management… read more here.
Keywords: cost debt; management; audit quality; earnings management ... See more keywords
Corporate social performance and cost of debt: the relationship
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DOI: 10.1108/srj-06-2016-0103
Abstract: Purpose - This paper aims to investigate the link between corporate social performance (CSP) and cost of debt financing. Despite academic debate has focused on the link between corporate social responsibility (CSR) and CSP (expressed… read more here.
Keywords: social performance; cost; corporate social; cost debt ... See more keywords
KM Theory Applied in Accounting and Statistics Education: Case on the Cost of Debt
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DOI: 10.12973/eurasia.2017.00968a
Abstract: This study examines the impact of audit opinions on the cost of debt based on accounting education and knowledge management theory. The empirical results of whole sample regression show that audit opinions are negatively correlated… read more here.
Keywords: audit opinions; financial marketization; theory applied; debt ... See more keywords