Municipal Borrowing Costs and the Differential Impact of Accounting Information Across Rating Categories

Prior research (Wallace, 1981 Wilson and Howard, 1984) has implicitly assumed that the impact of accounting information on municipal borrowing costs is the same across all bond rating groups. This paper provides empirical evidence that the demand for accounting information is a function of default risk and suggests a means for improving the power of bond default risk models to detect accounting effects

MoreLess

Year of publication:	2014
Authors:	Benson, Earl D.
Other Persons:	Marks, Barry R. (contributor) ; Raman, K. K. (contributor)
Publisher:	[2014]: [S.l.] : SSRN
Description of contents:	Abstract [papers.ssrn.com]

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Research in Government and Nonprofit Accounting (RIGNA) 1986, 2: 261-273 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1986 erstellt Volltext nicht verfügbar
Classification:	M41 - Accounting ; M42 - Auditing ; M48 - Government Policy and Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013048861