The DOI matches its OpenAlex record; 2 of the 2 references it cites were found in a registry or an index.
Accounting Information in Private Markets: Evidence from Private Lending Agreements.
Abstract
Abstract ABSTRACT: This paper contains evidence of accounting measurement rules that are negotiated in private corporate lending agreements. The negotiated sets of rules differ from the regulated set of accounting rules (generally accepted accounting principles). Moreover, the differences between regulated and negotiated rules are systematic and consistent with the economic incentives of borrowers and lenders. Private parties in the market for accounting information are able to produce for themselves at least some of the information required for monitoring lending agreements. The evidence and analysis have implications for: 1. The voluntary choice of accounting rules, 2. The superiority of alternative accounting rules, and 3. The demand for a diverse set of accounting rules.
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Citations
Cites
Miller, M. H. (1977) · The Journal of Finance · doi:10.1111/j.1540-6261.1977.tb03267.x · Cited by 2,898
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
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
Conservatism in Accounting Part II: Evidence and Research Opportunities
Watts, R. L. (2003) · Accounting Horizons · doi:10.2308/acch.2003.17.4.287 · Cited by 991
Managerial competition, information costs, and corporate governance
DeAngelo, L. E. (1988) · Journal of Accounting and Economics · doi:10.1016/0165-4101(88)90021-3 · Cited by 586
COSTELLO, A. M., & WITTENBERG‐MOERMAN*, R. (2011) · Journal of Accounting Research · doi:10.1111/j.1475-679x.2010.00388.x · Cited by 555
The Relevance of the Value Relevance Literature for Financial Accounting Standard Setting
Holthausen, R. W., & Watts, R. L. (2000) · SSRN Electronic Journal · doi:10.2139/ssrn.228950 · Cited by 533
Metadata
- Authors
- Leftwich, R.
- Venue
- The Accounting Review
- Publisher
- American Accounting Association
- Published
- 1983-01-01
- Volume
- 58
- Issue
- 1
- Pages
- 23-42
- ISSN
- 0001-4826 (ISSN-L)
- OpenAlex
- W201438956
- Cited by
- 297
- References
- 2
- FWCI
- 15.22
- Type
- journal article
- Language
- en
- Open access
- closed
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- Leftwich, R. (1983). Accounting Information in Private Markets: Evidence from Private Lending Agreements. The Accounting Review. https://doi.org/10.2308/tar-4487525
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.
