Guay, Wayne R. - In: Journal of Accounting and Economics 45 (2008) 2-3, pp. 175-180
Considerable research has documented the role of debt covenants and conservative financial accounting in addressing agency conflicts between lenders and borrowers. Beatty, A., Weber, J., and Yu, J. [2008. Conservatism and debt. Journal of Accounting and Economics, forthcoming] document...