Chattopadhyay, S.; Arcelus, F.J.; Srinivasan, G. - In: Journal of Business Finance & Accounting 24 (1997-04) 3, pp. 541-557
This paper explores the usefulness of the current Canadian Institute of Chartered Accountants standard on accounting for income taxes in bond rating decisions by credit analysts. Bond rating prediction models using accounting variables generated with alternate treatment of income taxes, have...