Accounting Restatements and External Financing Choices

• المؤلفون الرئيسيون: CHENG, Qiang, CHEN, Xia, Lo, Alvis
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2012
• الموضوعات: earnings restatements; external financing; Accounting
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/874; https://ink.library.smu.edu.sg/context/soa_research/article/1873/viewcontent/SSRN_id1325261.pdf

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