Asymmetric timely loss recognition, adverse shocks to external capital, and underinvestment : evidence from the collapse of the junk bond market
Year of publication: |
February 2018
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Authors: | Kim, Jaewoo |
Published in: |
Journal of accounting & economics. - Amsterdam [u.a.] : Elsevier, ISSN 0165-4101, ZDB-ID 441330-1. - Vol. 65.2018, 1, p. 148-168
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Subject: | Accounting conservatism | Asymmetric timely loss recognition | Financial reporting conservatism | Financing frictions | Investment | Supply of capital | Shocks to external capital | Excess bond premium | Asymmetrische Information | Asymmetric information | Fremdkapital | Debt financing | Rechnungswesen | Accounting | USA | United States | Theorie | Theory | Schock | Shock |
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