Is financial reporting shaped by equity markets or by debt markets? An international study of timeliness and conservatism
نویسندگان
چکیده
منابع مشابه
Is Accounting Conservatism Due to Debt or Equity Markets? An International Test of “Contracting” and “Value Relevance” Theories of Accounting
Acknowledgments We gratefully acknowledge the comments of Sudipta Basu, Christian Leuz and Jerry Zimmerman, the referee, and workshop participants at the Universities of Amsterdam and Chicago. We are grateful for financial support from the University of Chicago, Graduate School of Business. Abstract We provide a simple test of " costly contracting " and " value relevance theories " of accountin...
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ژورنال
عنوان ژورنال: Review of Accounting Studies
سال: 2008
ISSN: 1380-6653,1573-7136
DOI: 10.1007/s11142-007-9064-x