Donors to major universities have increasingly questioned the amount of money spent to
produce academic research, perhaps due to its link (or lack thereof) to practice. Indeed, not …

This paper evaluates the real effects of the new lease standard, ASC 842, on firms'
investment and operational outcomes. Using a sample of airline companies, we find that …

We examine whether the adoption of the current expected credit losses (CECL) model,
which reflects forward-looking information in loan loss provisions (LLP), improves banks' …

I examine whether and how the recognition of operating leases on balance sheets
influences managerial leasing decisions. In 2019 the FASB implemented ASC 842, which …

This study examines how the formal recognition of lease liabilities required by ASC 842
affects corporate bonds pricing. We document significant bond yield increases with the …

Abstract Binz, Ferracuti, and Joos (2023) examine whether better internal information
systems can mitigate the association between inflation and investment. According to Real …

We examine the anticipatory effect triggered by the issuance of the lease exposure draft,
which proposed capitalizing most operating leases, on the cost of debt of firms that rely …

Purpose This paper examines the relationship between heterogeneous political connections
and corporate overinvestment. Design/methodology/approach Based on a comprehensive …

The new lease standard (Accounting Standards Codification [ASC] 842), which is expected
to alleviate the reporting issues associated with operating leases, requires formal …

We study the transition disclosures in firms' 10-K filings preceding the mandatory adoption of
Accounting Standards Codification 842 on leases. We find that ASC 842 transition …