The Effect of Conservatism on Corporate Bonds and Cost of Debt
5 Angebote vergleichen
Bester Preis: Fr. 1.76 (€ 1.80)¹ (vom 07.02.2018)1
The Effect of Conservatism on Corporate Bonds and Cost of Debt (2005)
DE NW
ISBN: 9783659423529 bzw. 3659423521, in Deutsch, neu.
Prior research on conservative accounting and the bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely reduced in favor of fair value principles. This study sets out to examine if accounting conservatism still mitigates the conflict and reduces cost of debt. We regress two measures of conservatism on three conflict proxies and debt cost, respectively, for firms on the Norwegian market. Our results support the conclusion that conservative accounting mitigates the bondholder-shareholder conflict even after the introduction of IFRS, but we find no significant evidence that bondholders reward higher level of conservatism with lower cost of debt. 0.501kg, 0.100/0.100/0.100.
2
The Effect of Conservatism on Corporate Bonds and Cost of Debt (2005)
~EN PB NW
ISBN: 9783659423529 bzw. 3659423521, vermutlich in Englisch, LAP Lambert Academic Publishing, Taschenbuch, neu.
Lieferung aus: Deutschland, Versandkostenfrei.
The Effect of Conservatism on Corporate Bonds and Cost of Debt: Prior research on conservative accounting and the bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely reduced in favor of fair value principles. This study sets out to examine if accounting conservatism still mitigates the conflict and reduces cost of debt. We regress two measures of conservatism on three conflict proxies and debt cost, respectively, for firms on the Norwegian market. Our results support the conclusion that conservative accounting mitigates the bondholder-shareholder conflict even after the introduction of IFRS, but we find no significant evidence that bondholders reward higher level of conservatism with lower cost of debt. Englisch, Taschenbuch.
The Effect of Conservatism on Corporate Bonds and Cost of Debt: Prior research on conservative accounting and the bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely reduced in favor of fair value principles. This study sets out to examine if accounting conservatism still mitigates the conflict and reduces cost of debt. We regress two measures of conservatism on three conflict proxies and debt cost, respectively, for firms on the Norwegian market. Our results support the conclusion that conservative accounting mitigates the bondholder-shareholder conflict even after the introduction of IFRS, but we find no significant evidence that bondholders reward higher level of conservatism with lower cost of debt. Englisch, Taschenbuch.
3
The Effect of Conservatism on Corporate Bonds and Cost of Debt (2005)
~EN NW
ISBN: 9783659423529 bzw. 3659423521, vermutlich in Englisch, neu.
Lieferung aus: Vereinigtes Königreich Grossbritannien und Nordirland, Lieferzeit: 11 Tage, zzgl. Versandkosten.
Prior research on conservative accounting and the bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely reduced in favor of fair value principles. This study sets out to examine if accounting conservatism still mitigates the conflict and reduces cost of debt. We regress two measures of conservatism on three conflict proxies and debt cost, respectively, for firms on the Norwegian market. Our results support the conclusion that conservative accounting mitigates the bondholder-shareholder conflict even after the introduction of IFRS, but we find no significant evidence that bondholders reward higher level of conservatism with lower cost of debt.
Prior research on conservative accounting and the bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely reduced in favor of fair value principles. This study sets out to examine if accounting conservatism still mitigates the conflict and reduces cost of debt. We regress two measures of conservatism on three conflict proxies and debt cost, respectively, for firms on the Norwegian market. Our results support the conclusion that conservative accounting mitigates the bondholder-shareholder conflict even after the introduction of IFRS, but we find no significant evidence that bondholders reward higher level of conservatism with lower cost of debt.
5
The Effect of Conservatism on Corporate Bonds and Cost of Debt
~EN PB NW
ISBN: 3659423521 bzw. 9783659423529, vermutlich in Englisch, LAP Lambert Academic Publishing, Taschenbuch, neu.
The Effect of Conservatism on Corporate Bonds and Cost of Debt ab 39.99 € als Taschenbuch: . Aus dem Bereich: Bücher, English, International, Gebundene Ausgaben,.
Lade…