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Debt issuance incentives and creative accounting: Evidence from municipal mergers in Japan

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  • Goto, Tsuyoshi
  • Yamamoto, Genki

Abstract

Creative accounting has been a considerable problem in the field of governance and has caused serious economic issues. However, how governments determine the scale of creative accounting is unknown in the existing literature.

Suggested Citation

  • Goto, Tsuyoshi & Yamamoto, Genki, 2023. "Debt issuance incentives and creative accounting: Evidence from municipal mergers in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 68(C).
    • Handle: RePEc:eee:jjieco:v:68:y:2023:i:c:s088915832300014x
    DOI: 10.1016/j.jjie.2023.101259
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    References listed on IDEAS

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    More about this item

    Keywords

    Creative accounting; Municipal merger; Fiscal Common pool problem;
    All these keywords.

    JEL classification:

    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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