Advanced Search
MyIDEAS: Login to save this paper or follow this series

Efectos de la confianza en la información contable sobre el coste de la deuda

Contents:

Author Info

  • Gill de Albornoz Noguer Belén

    ()
    (UNIVERSIDAD JAUMEI)

  • Illueca Muñoz Manuel

    ()
    (UNIVERSIDAD JAUME I INSTITUTO VALENCIANO DE INVESTIGACIONES ECONÓMICAS (Ivie))

Abstract

The aim of this paper is to examine the potentialeffects of trust in financial reporting on the costof debt of a wide sample of Spanish firms,corresponding to the period 1996-2002. To do so,we analyse whether auditor reputation has a significantimpact on the way investors use accruals fordecision-making. Particularly, an empirical analysisis carried out to test whether the pricing ofaccruals quality depends on auditor reputation. Ourresults show that the inverse relationship betweenaccruals quality and cost of debt reported by Franciset al. (2005) only holds when the auditor belongsto a Big 4. When the auditors are national majors orlocal audit firms an increase of accruals quality doesnot lead to a significant decrease of the costof debt.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.fbbva.es/TLFU/tlfu/esp/areas/econosoc/publicaciones/documentos/fichadoc/index.jsp?codigo=195
Download Restriction: no

Bibliographic Info

Paper provided by Fundacion BBVA / BBVA Foundation in its series Working Papers with number 201038.

as in new window
Length: 61
Date of creation: Jun 2006
Date of revision:
Handle: RePEc:fbb:wpaper:201038

Contact details of provider:
Postal: Plaza de San Nicolás, 4, 48005 Bilbao
Phone: +34 94 487 52 52
Fax: +34 94 424 46 21
Email:
Web page: http://www.fbbva.es
More information through EDIRC

Related research

Keywords: Cost of debt; accruals quality; auditor reputation.;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:fbb:wpaper:201038. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fundacion BBVA / BBVA Foundation).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.