In this study, for a sample of 120 companies, we identify and recast the statement of cash flows for the implied cash effects of six general categories of non-cash activity, transactions affecting 1) capital expenditures and operating activities, 2) capital expenditures and other investing...

We examine the causal effect of increased oversight by the U.S. Securities and Exchange Commission (SEC) on the cost of bank loans issued to U.S. cross-listed foreign firms, using the signing of the Multilateral Memorandum of Understanding (MMoU) as a natural experiment. The MMoU enables the SEC...

Both corporate governance and covenants separately have been shown to play a role in mitigating agency problems associated with debt. Accordingly, we examine the association between corporate governance and the restrictiveness of covenants on a sample of newly syndicated loans in the U.S....

Purpose – This paper examines whether the choice of the financial reporting system can influence the credit rating of an enterprise. It aims to argue that SMEs reporting according to IFRS can – in some cases – benefit from better credit conditions in comparison with reporting according to...

Objective - This research aims to determine the presence of partial effects on gender-diversity and financial performance variables on the cash holding of family firms on the Indonesian Stock Exchange included in the Kompas100 index.Methodology/Technique - The approach used in this research was...