Accruals Quality and Debt Maturity Structure

Pedro J. García‐Teruel · Pedro Martínez Solano · Juan Pedro Sánchez‐Ballesta

55 citations0/0 files storedAbacus

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Auditing, Earnings Management, Governance Corporate Finance and Governance Working Capital and Financial Performance

Abstract

In this paper we use panel data and GMM estimation to examine the effect of accounting quality on debt maturity structure in a bank‐based financial system and show that, even after controlling for unobservable heterogeneity, endogeneity, variables reflecting operating volatility and the cost of debt, firms with poor accounting quality face a shorter debt term than firms with higher accounting quality. This association between accounting quality and debt maturity is consistent with accounting quality as a means of reducing information asymmetry problems and improving the monitoring of managers.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 55 citations exist upstream.

References

1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 1984Corporate financing and investment decisions when firms have information that investors do not have 1978Specification Tests in Econometrics 1998Law and Finance 2021Econometric Analysis of Panel Data 1977Determinants of corporate borrowing 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have

Cited by

2018Voluntary disclosure, ownership structure, and corporate debt maturity: A study of French listed firms 2018The impact of financial reporting quality on debt maturity: the case of private firms 2022Determinants and consequences of debt maturity structure: A systematic review of the international literature 2023Tax avoidance and the cost of debt for SMEs: Evidence from Spain 2017Earnings Quality Effect on Corporate Excess Cash Holdings and Their Marginal Value

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.