Does Debt-IPO by Privately-held Firms Trigger Financial Statement Analysis?

• المؤلفون الرئيسيون: WANG, Jiwei, Aharony, Joseph, Orpurt, Steven
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2010
• الموضوعات: Accounting; Corporate Finance; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/788; http://congress.iaaer.org/program/11th%20World%20Congress%20Abstracts.pdf

We investigate financial statement management by privately-held firms that only issue debt in an initial public offering. We examine whether managers manage financial ratios important to credit rating agency Standard & Poor’s, attempting to achieve a better credit rating. To this end, we examine...