Conditional conservatism and debt versus equity financing
Extant research suggests that conditional conservatism reduces information asymmetry between a firm and its shareholders as well as its debtholders. However, there is little evidence on whether conditional conservatism reduces information asymmetry differentially for shareholders and debtholders. We...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2017
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1536 https://ink.library.smu.edu.sg/context/soa_research/article/2563/viewcontent/9026697.pdf |
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Institution: | Singapore Management University |
Language: | English |