Conditional Conservatism, Agency Costs and the Contractual Features of Debt

Hedge Commitments and Agency Costs of Debt: Evidence from Interest Rate Protection Covenants and Accounting Conservatism

Debt Structure, Agency Costs and Firm’s Size: An Empirical Investigation

This paper shows that corporate debt type, maturity and priority structures and their determinants are not homogeneous across firms of different size. Small firms use leasing and bank loans and overdraft while large companies rely on loan capital, convertible and subordinated loans. Small companies depend more on secured debt while large companies’ debt is unsecured and subordinated. The result...

Identifying Conditional Conservatism in the Presence of Risky Debt and Mixed Attribute Accounting

Seminars for useful comments. *** The main portions of the paper that have not yet been performed and/or written up are: (1) the empirical results related to return volatility and credit ratings have been performed (and are entirely consistent with those presented) but not yet written up; and (2) some statistical tests have not been performed and all statistical tests do not incorporate the usu...

the effects of speech rate,prosodic features, and blurred speech on iranian efl learners listening comprehension

کلید واژه ها به زبان انگلیسی: effect of speech rate on listening comprehension, blurred speech,segmental and suprasegmental features,authentic speech,intelligibility, discrimination, omission, assimilation چکیده: سرعت مطالب شنیداری در کلام پیوسته بطور کلی همواره کابوسی بوده برای یادگیرنده های زبان دوم و بالاخص برای شنوندگان ایرانی. علی رغم عقل سلیم که کلام با سرعت کندتری فعالیتهای درک مطلب شن...

Asset Substitution, Debt Covenants and Conservatism