Sequeira, José; Pereira, Cláudia; Gomes, Luís; Lima, … - In: Risks : open access journal 12 (2024) 2, pp. 1-13
impacts of debt on earnings quality, focusing on its level, its increases, and its term of payment. We estimated econometric … regressions using panel data with fixed effects over 2013-2019, using discretionary accruals as an inverse proxy of earnings … quality. We found empirical evidence that the relationship between debt and earnings quality tends to vary in sign, as the …