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Evidence on the effect of bond covenants and management compensation contracts on the choice of accounting techniques
16 references·16 citing·34 second hopsampled
Evidence on the effect of bond covenants and management compensation contracts on the choice of accounting techniques (1981)Evidence on the effect of bond covenants …Financial statement analysis (2007)Financial statement analysisProduction, Information Costs and Economic Organization (1996)Production, Information Costs…Misspecification of capital asset pricing (1981)Misspecification of capital a…An income strategy approach to the positive theory of accounting standard setting/choice (1981)An income strategy approach t…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Risk measurement when shares are subject to infrequent trading (1979)Risk measurement when shares …On financial contracting (1979)On financial contractingTowards a Positive Theory of the Determination of Accounting Standards. (1978)Towards a Positive Theory of …Estimating betas from nonsynchronous data (1977)Estimating betas from nonsync…Determinants of corporate borrowing (1977)Determinants of corporate bor…Corporate Financial Statements, A Product of the Market and Political Processes (1977)Corporate Financial Statement…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The option pricing model and the risk factor of stock (1976)The option pricing model and …Special Information and Insider Trading (1974)Special Information and Insid…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Government affiliation, real earnings management, and firm performance: The case of privately held firms (2017)Government affiliation, real …Accounting Information in Financial Contracting: The Incomplete Contract Theory Perspective (2016)Accounting Information in Fin…Accounting conservatism and managerial risk-taking: Corporate acquisitions (2014)Accounting conservatism and m…Ball and Brown (1968): A Retrospective (2013)Ball and Brown (1968): A Retr…Where do firms manage earnings? (2012)Where do firms manage earning…Economic consequences of firms’ depreciation method choice: Evidence from capital investments (2009)Economic consequences of firm…Explaining the choice of accounting standards in municipal corporations: Positive accounting theory and institutional theory as competitive or concurrent theories (2008)Explaining the choice of acco…The Determinants and Value Relevance of the Choice of Accounting for Research and Development Expenditures in the United Kingdom (2007)The Determinants and Value Re…Depreciation-policy changes: tax, earnings management, and investment opportunity incentives (1999)Depreciation-policy changes: …The effect of accounting procedure changes on CEOs' cash salary and bonus compensation (1987)The effect of accounting proc…Does it Pay to Change Your Company's Name? A Stock Market Perspective (1987)Does it Pay to Change Your Co…Accounting Choices: Public Versus Private Firms (1986)Accounting Choices: Public Ve…Measuring Executive Compensation: Methods and an Application (1985)Measuring Executive Compensat…Mandated accounting changes and debt covenants (1984)Mandated accounting changes a…UNDERSTANDING AND CONDUCTING EVENT STUDIES (1983)UNDERSTANDING AND CONDUCTING …Determinants of intramethod choice in the oil and gas industry (1982)Determinants of intramethod c…The Problem of Social Cost (1960)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financial Intermediation and Delegated Monitoring (1984)A Survey of Corporate Governance (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)Using daily stock returns (1985)The Cross-Section of Expected Stock Returns (1992)R2 around the world: New theory and new tests☆ (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)An Intertemporal Capital Asset Pricing Model (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Separation of Ownership and Control (1983)Dynamic capabilities and strategic management (1997)An Economic Theory of Democracy. (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Auditor size and audit quality (1981)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Equilibrium Unemployment as a Worker Discipline Device (1986)Property Rights and the Nature of the Firm (1990)Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)Efficient Capital Markets: II (1991)Law and Finance (1998)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1996Production, Information Costs and Economic Organization9,565 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1979On financial contracting2,901 cited
  • 1979Risk measurement when shares are subject to infrequent trading2,767 cited
  • 1977Estimating betas from nonsynchronous data2,751 cited
  • 1978Towards a Positive Theory of the Determination of Accounting Standards.2,664 cited
  • 1981Misspecification of capital asset pricing1,286 cited
  • 1976The option pricing model and the risk factor of stock1,239 cited
  • 1974Special Information and Insider Trading1,236 cited
  • 2007Financial statement analysis1,022 cited
  • 1977Corporate Financial Statements, A Product of the Market and Political Processes585 cited
  • 1981An income strategy approach to the positive theory of accounting standard setting/choice

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436 cited

Cited by

  • 2016Accounting Information in Financial Contracting: The Incomplete Contract Theory Perspective301 cited
  • 1987Does it Pay to Change Your Company's Name? A Stock Market Perspective214 cited
  • 1983UNDERSTANDING AND CONDUCTING EVENT STUDIES212 cited
  • 1987The effect of accounting procedure changes on CEOs' cash salary and bonus compensation182 cited
  • 2014Accounting conservatism and managerial risk-taking: Corporate acquisitions164 cited
  • 2008Explaining the choice of accounting standards in municipal corporations: Positive accounting theory and institutional theory as competitive or concurrent theories153 cited
  • 1999Depreciation-policy changes: tax, earnings management, and investment opportunity incentives151 cited
  • 2007The Determinants and Value Relevance of the Choice of Accounting for Research and Development Expenditures in the United Kingdom151 cited
  • 2012Where do firms manage earnings?135 cited
  • 1985Measuring Executive Compensation: Methods and an Application120 cited
  • 2017Government affiliation, real earnings management, and firm performance: The case of privately held firms104 cited
  • 1984Mandated accounting changes and debt covenants103 cited
  • 2013Ball and Brown (1968): A Retrospective100 cited
  • 2009Economic consequences of firms’ depreciation method choice: Evidence from capital investments98 cited
  • 1986Accounting Choices: Public Versus Private Firms93 cited
  • 1982Determinants of intramethod choice in the oil and gas industry92 cited