The DOI matches its Crossref record; 25 of the 25 references it cites were found in a registry or an index.
Measuring the probability of financial covenant violation in private debt contracts
Open accessOverview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Likelihood Ratio Tests for Model Selection and Non-Nested Hypotheses
Vuong, Q. H. (1989) · Econometrica · doi:10.2307/1912557 · Cited by 5,929
Watts, R. L., & Zimmerman, J. L. (1985) · Andalas University Repository (Andalas University) · Cited by 5,838
Towards a Positive Theory of the Determination of Accounting Standards.
Watts, R. L., & Zimmerman, J. L. (1978) · The Accounting Review · doi:10.2308/tar-4500569 · Cited by 2,667
How Does Financing Impact Investment? The Role of Debt Covenants
CHAVA, S., & ROBERTS, M. R. (2008) · The Journal of Finance · doi:10.1111/j.1540-6261.2008.01391.x · Cited by 2,068
Detecting abnormal operating performance: The empirical power and specification of test statistics
Barber, B. M., & Lyon, J. D. (1996) · Journal of Financial Economics · doi:10.1016/0304-405x(96)84701-5 · Cited by 1,607
Assessing the Probability of Bankruptcy
Hillegeist, S. A., Keating, E. K., Cram, D. P., & Lundstedt, K. G. (2004) · Review of Accounting Studies · doi:10.1023/b:rast.0000013627.90884.b7 · Cited by 1,350
Debt-covenant violations and managers' accounting responses
Sweeney, A. P. (1994) · Journal of Accounting and Economics · doi:10.1016/0165-4101(94)90030-2 · Cited by 1,266
Large–Sample Evidence on the Debt Covenant Hypothesis
Dichev, I. D., & Skinner, D. J. (2002) · Journal of Accounting Research · doi:10.1111/1475-679x.00083 · Cited by 1,088
The contracting benefits of accounting conservatism to lenders and borrowers
Zhang, J. (2008) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2007.06.002 · Cited by 916
Creditor Control Rights, Corporate Governance, and Firm Value
Nini, G., Smith, D. C., & Sufi, A. (2012) · Review of Financial Studies · doi:10.1093/rfs/hhs007 · Cited by 827
Cited by
Anatomy of Corporate Borrowing Constraints*
Lian, C., & Ma, Y. (2020) · The Quarterly Journal of Economics · doi:10.1093/qje/qjaa030 · Cited by 373
Metadata
- Authors
- Demerjian, P. R., & Owens, E. L.
- Venue
- Journal of Accounting and Economics
- Publisher
- Elsevier BV
- Published
- 2016-04
- Volume
- 61
- Issue
- 2-3
- Pages
- 433-447
- ISSN
- 0165-4101 (ISSN-L)
- OpenAlex
- W3122623081
- Cited by
- 313
- References
- 25
- FWCI
- 41.57
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Measuring the probability of financial covenant violation in private debt contracts. https://app.cochat.ai/papers/10.1016/j.jacceco.2015.11.001
- The paper
- Demerjian, P. R., & Owens, E. L. (2016). Measuring the probability of financial covenant violation in private debt contracts. Journal of Accounting and Economics. https://doi.org/10.1016/j.jacceco.2015.11.001
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.
