Hussain, Ammar; Akbar, Minhas; Khan, Muhammad Kaleem; … - In: Journal of risk and financial management : JRFM 13 (2020) 12/313, pp. 1-19
introductory and later-staged firms distort their factual financial information from creditors to obtain loans without strict debt … covenants. Our results are robust to alternate measures and specifications. The core contribution of this research is to add a …