Testing the Transparency Implications of Mandatory IFRS Adoption: The Spread/Maturity Relation of Credit Default Swaps
نویسندگان
چکیده
منابع مشابه
Credit Risk and IFRS : The Case of Credit Default Swaps
Theory predicts that the accounting information transparency affects credit spreads. Given that one of the putative benefits of International Financial Reporting Standards (IFRS) is transparency of accounting information, this study evaluates the impact of IFRS on the pricing of credit spreads in the over-the-counter Credit Default Swap (CDS) market. Using a difference in differences methodolog...
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ورودعنوان ژورنال:
- Management Science
دوره 62 شماره
صفحات -
تاریخ انتشار 2016