Accounting restatements and external financing choices

• المؤلفون الرئيسيون: CHEN, Xia, CHENG, Qiang, Lo, Alvis
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2012
• الموضوعات: earnings restatements; external financing; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/821

There is little research on how accounting information quality affects firms’ external financing choices. In this paper, we use accounting restatement as a proxy for the reduced credibility of accounting information and investigate how restatement affects a firm’s external financing choices. We find...