ZECHMAN, SARAH L. C. - In: Journal of Accounting Research 48 (2010) 3, pp. 725-765
<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>I investigate how the use and voluntary disclosure of synthetic leases is affected by incentives to defer cash outflows and manage the financial statements by keeping debt off the balance sheet. I find that managers of cash-constrained firms with incentives to defer cash payments are...
