IDEAS home Printed from https://ideas.repec.org/a/bla/jbfnac/v22y1995i5p615-635.html

An Examination Of Debt‐Equity Proxies Vs. Actual Debt Covenant Restrictions In Accounting Choice Studies

Author

Listed:
  • Joanne C. Duke
  • David P. Franz
  • Herbert G. Hunt

Abstract

No abstract is available for this item.

Suggested Citation

  • Joanne C. Duke & David P. Franz & Herbert G. Hunt, 1995. "An Examination Of Debt‐Equity Proxies Vs. Actual Debt Covenant Restrictions In Accounting Choice Studies," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 22(5), pages 615-635, July.
    • Handle: RePEc:bla:jbfnac:v:22:y:1995:i:5:p:615-635
    DOI: 10.1111/j.1468-5957.1995.tb00379.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-5957.1995.tb00379.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1468-5957.1995.tb00379.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Wong, Jilnaught, 1988. "Political costs and an intraperiod accounting choice for export tax credits," Journal of Accounting and Economics, Elsevier, vol. 10(1), pages 37-51, January.
    2. Begley, Joy, 1990. "Debt covenants and accounting choice," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 125-139, January.
    3. Christie, Andrew A., 1990. "Aggregation of test statistics : An evaluation of the evidence on contracting and size hypotheses," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 15-36, January.
    4. Salatka, William K., 1989. "The impact of SFAS no. 8 on equity prices of early and late adopting firms : An events study and cross-sectional analysis," Journal of Accounting and Economics, Elsevier, vol. 11(1), pages 35-69, February.
    5. Malmquist, David H., 1990. "Efficient contracting and the choice of accounting method in the oil and gas industry," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 173-205, January.
    6. Press, Eric G. & Weintrop, Joseph B., 1990. "Accounting-based constraints in public and private debt agreements : Their association with leverage and impact on accounting choice," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 65-95, January.
    7. Daley, Lane A. & Vigeland, Robert L., 1983. "The effects of debt covenants and political costs on the choice of accounting methods : The case of accounting for R&D costs," Journal of Accounting and Economics, Elsevier, vol. 5(1), pages 195-211, April.
    8. Healy, Paul M. & Palepu, Krishna G., 1990. "Effectiveness of accounting-based dividend covenants," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 97-123, January.
    9. Leftwich, Richard, 1981. "Evidence of the impact of mandatory changes in accounting principles on corporate loan agreements," Journal of Accounting and Economics, Elsevier, vol. 3(1), pages 3-36, March.
    10. Kelly, L, 1985. "Corporate-Management Lobbying On Fas No-8 - Some Further Evidence," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 23(2), pages 619-632.
    11. Haw, In-Hu & Jung, Kooyul & Lilien, Steven B., 1991. "Overfunded defined benefit pension plan settlements without asset reversions," Journal of Accounting and Economics, Elsevier, vol. 14(3), pages 295-320, September.
    12. Ayres, Frances L., 1986. "Characteristics of firms electing early adoption of SFAS 52," Journal of Accounting and Economics, Elsevier, vol. 8(2), pages 143-158, June.
    13. Lys, Thomas, 1984. "Mandated accounting changes and debt covenants : The case of oil and gas accounting," Journal of Accounting and Economics, Elsevier, vol. 6(1), pages 39-65, April.
    14. Bowen, Robert M. & Noreen, Eric W. & Lacey, John M., 1981. "Determinants of the corporate decision to capitalize interest," Journal of Accounting and Economics, Elsevier, vol. 3(2), pages 151-179, August.
    15. Zimmer, Ian, 1986. "Accounting for interest by real estate developers," Journal of Accounting and Economics, Elsevier, vol. 8(1), pages 37-51, March.
    16. Leftwich, Richard, 1990. "Aggregation of test statistics: Statistics vs. economics," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 37-44, January.
    17. Hunt, Hg, 1985. "Potential Determinants Of Corporate Inventory Accounting Decisions," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 23(2), pages 448-467.
    18. DeAngelo, Harry & DeAngelo, Linda, 1990. "Dividend Policy and Financial Distress: An Empirical Investigation of Troubled NYSE Firms," Journal of Finance, American Finance Association, vol. 45(5), pages 1415-1431, December.
    19. DeAngelo, Harry & DeAngelo, Linda & Skinner, Douglas J., 1994. "Accounting choice in troubled companies," Journal of Accounting and Economics, Elsevier, vol. 17(1-2), pages 113-143, January.
    20. Duke, Joanne C. & Hunt, Herbert III, 1990. "An empirical examination of debt covenant restrictions and accounting-related debt proxies," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 45-63, January.
    21. Zmijewski, Mark E. & Hagerman, Robert L., 1981. "An income strategy approach to the positive theory of accounting standard setting/choice," Journal of Accounting and Economics, Elsevier, vol. 3(2), pages 129-149, August.
    22. Smith, Clifford Jr. & Warner, Jerold B., 1979. "On financial contracting : An analysis of bond covenants," Journal of Financial Economics, Elsevier, vol. 7(2), pages 117-161, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Watts, Ross L., 1992. "Accounting choice theory and market-based research in accounting," The British Accounting Review, Elsevier, vol. 24(3), pages 235-267.
    2. Fields, Thomas D. & Lys, Thomas Z. & Vincent, Linda, 2001. "Empirical research on accounting choice," Journal of Accounting and Economics, Elsevier, vol. 31(1-3), pages 255-307, September.
    3. Balsam, Steven & Haw, In-Mu & Lilien, Steven B., 1995. "Mandated accounting changes and managerial discretion," Journal of Accounting and Economics, Elsevier, vol. 20(1), pages 3-29, July.
    4. Dechow, Patricia & Ge, Weili & Schrand, Catherine, 2010. "Understanding earnings quality: A review of the proxies, their determinants and their consequences," Journal of Accounting and Economics, Elsevier, vol. 50(2-3), pages 344-401, December.
    5. Thomas W. Scott, 1991. "Pension disclosures under SFAS No. 87: Theory and evidence," Contemporary Accounting Research, John Wiley & Sons, vol. 8(1), pages 62-81, September.
    6. Dean Hanlon, 2019. "Mandatory accounting change and debt covenant violation: Additional evidence from SFAS 150," Australian Journal of Management, Australian School of Business, vol. 44(3), pages 355-387, August.
    7. Athanasios P. Bellas & Christos Tzovas, 2008. "The Effects of Dependency on Debt Financing On Financial Reporting Policy: The Case of Greece," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 13-30.
    8. Heibatollah Sami & Mary Jeanne Welsh, 1992. "Characteristics of early and late adopters of pension accounting standard SFAS No. 87," Contemporary Accounting Research, John Wiley & Sons, vol. 9(1), pages 212-236, September.
    9. Rã‰Al Labelle, 1990. "Bond covenants and changes in accounting policy: Canadian evidence," Contemporary Accounting Research, John Wiley & Sons, vol. 6(2), pages 677-698, March.
    10. Rã‰Al Labelle, 1990. "Clauses restrictives et modifications comptables: une étude canadienne," Contemporary Accounting Research, John Wiley & Sons, vol. 6(2), pages 699-723, March.
    11. Han, Bong H. & Manry, David, 2004. "The value-relevance of R&D and advertising expenditures: Evidence from Korea," The International Journal of Accounting, Elsevier, vol. 39(2), pages 155-173.
    12. Alan V. S. Douglas, 2003. "Corporate Investment Incentives and Accounting†Based Debt Covenants," Contemporary Accounting Research, John Wiley & Sons, vol. 20(4), pages 645-683, December.
    13. Steven C. Hall, 1993. "Determinants Of Goodwill Amortization Period," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 20(4), pages 613-621, June.
    14. Aloke (Al) Ghosh & Doocheol Moon, 2010. "Corporate Debt Financing and Earnings Quality," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(5‐6), pages 538-559, June.
    15. Markarian, Garen & Pozza, Lorenzo & Prencipe, Annalisa, 2008. "Capitalization of R&D costs and earnings management: Evidence from Italian listed companies," The International Journal of Accounting, Elsevier, vol. 43(3), pages 246-267, September.
    16. Cornett, Marcia Millon & Rezaee, Zabihollah & Tehranian, Hassan, 1996. "An investigation of capital market reactions to pronouncements on fair value accounting," Journal of Accounting and Economics, Elsevier, vol. 22(1-3), pages 119-154, October.
    17. A. J. Arnold, 1994. "The Adoption Of Partial Deferral In The Uk, 1977–78: Evidence On An Accounting Choice," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 21(6), pages 875-888, September.
    18. Rhoda Pierce-Brown & Tony Steele, 1999. "The economics of," Accounting and Business Research, Taylor & Francis Journals, vol. 29(2), pages 157-173.
    19. MARK L. DeFOND & JAMES JIAMBALVO, 1993. "Factors Related to Auditor†Client Disagreements over Income†Increasing Accounting Methods," Contemporary Accounting Research, John Wiley & Sons, vol. 9(2), pages 415-431, March.
    20. Pascal Frantz, 1997. "Discretionary Accounting Choices: A Debt covenants Based Signalling Approach," Accounting and Business Research, Taylor & Francis Journals, vol. 27(2), pages 99-110.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jbfnac:v:22:y:1995:i:5:p:615-635. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0306-686X .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.