We examine the association between real earnings management and the cost of new bond
issues of US corporations. We consider three types of real earnings management: sales …

Exploiting the staggered adoption of universal demand (UD) laws as exogenous shocks to
filing derivative lawsuits, we find that weakened shareholder litigation rights cause a …

This study identifies if sustainable development practices measured through ESG
information disclosure are related to stakeholder confidence, leading to a lower cost of debt …

This study examines how different components of executive compensation affect the cost of
debt. We find that debt-like and equity-like pay components have differing effects: an …

This study examines the association between the extent of real earnings management and
the cost of debt capital in an international setting. Using a sample of 14,654 observations …

The aim of this paper is to analyze earnings management (EM) surrounding debenture
issues of companies listed on the BM&FBOVESPA. EM is an intentional intervention in …

Empirical evidence regarding accrual-based earnings management around mergers and
acquisitions has been setting-specific as far as target firms are concerned. This might be due …

We hypothesize that a deteriorated political freedom environment increases firms' incentive
to undertake earnings management. Using country-level political freedom data for 42 …

Purpose The aim of this study is to investigate whether debt maturity matters for the choice of
earnings management strategy (ie accruals earnings management and real earnings …

Purpose–The purpose of this paper is to develop an effective cost borrowing model of
qualitative factors that are relevant to micro and small enterprises (SMEs) better …