The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
The investment opportunity set and accounting procedure choice
Open accessAbstract
This paper provides evidence on the cross-sectional relation between firms' investment opportunities, their debt and compensation contracts, their size and financial leverage, and their accounting procedure choices. This evidence is important, because previous studies hypothesize that the link between firms' investment opportunities and their accounting choices helps explain extant results on the size, debt/equity, and bonus plan hypotheses. However, while I find that firms' investment opportunities do affect the nature of their contracts. I also find that the ‘traditional’ explanations for accounting choice are important after controlling for the effects of the investment opportunity set.
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Citations
Cites
Investment Patterns and Financial Leverage
Long, M., & Malitz, I. (1983) · doi:10.3386/w1145 · Cited by 295
Cited by
Healy, P. M., & Palepu, K. G. (2001) · Journal of Accounting and Economics · doi:10.1016/s0165-4101(01)00018-0 · Cited by 8,097
The relevance of the value-relevance literature for financial accounting standard setting
Holthausen, R. W., & Watts, R. L. (2001) · Journal of Accounting and Economics · doi:10.1016/s0165-4101(01)00029-5 · Cited by 1,742
Metadata
- Authors
- Skinner, D. J.
- Venue
- Journal of Accounting and Economics
- Publisher
- Elsevier BV
- Published
- 1993-10
- Volume
- 16
- Issue
- 4
- Pages
- 407-445
- ISSN
- 0165-4101 (ISSN-L)
- OpenAlex
- W1515531634
- Cited by
- 442
- References
- 1
- FWCI
- 23.00
- Type
- journal article
- Language
- en
- Open access
- hybrid
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- Skinner, D. J. (1993). The investment opportunity set and accounting procedure choice. Journal of Accounting and Economics. https://doi.org/10.1016/0165-4101(93)90034-d
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
