Zhao, Fang; Barua, Abhijit; Kim, Jung Hoon - In: Accounting Research Journal 35 (2021) 3, pp. 364-381
Purpose: The purpose of this study is to examine the effect of consolidating off-balance sheet entities on firm-level investment efficiency. Financial Accounting Standards Board Interpretation No. 46, consolidation of variable interest entities – an Interpretation of ARB No. 51 (FIN 46) is...