Disclosure of pending lawsuits and bond terms
I examine the effect of the disclosure of pendinglawsuits in 10-K/Q filings on the contractual terms of newly issued bonds. Ifind that firms’ decision to disclose pending lawsuits and the amount ofdisclosed information (i.e., the level of disclosure) have opposite effects.Specifically, firms that di...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1731 https://ink.library.smu.edu.sg/context/soa_research/article/2758/viewcontent/Disclosure_of_Pending_Lawsuits_pp.pdf |
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| Institution: | Singapore Management University |
| Language: | English |