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Accounting and Debt Markets: Four Pieces on the Role of Accounting Information in Debt Markets - Couverture rigide

 
9780367688899: Accounting and Debt Markets: Four Pieces on the Role of Accounting Information in Debt Markets
Couverture rigide
ISBN 10 : 0367688891 ISBN 13 : 9780367688899
Editeur : Routledge, 2021

Synopsis

Accounting and Debt Markets: Four Pieces on the Role of Accounting Information in Debt Markets provides novel and up-to-date evidence on the role of accounting information in debt markets

Companies and organisations worldwide rely heavily on debt markets for short, medium and long-term financing, and debt markets and financial intermediaries have significant effects on the real economy. Accounting information has various functions in debt markets, including inter alia, informing pricing decisions and credit ratings, determining the allocation of creditor control rights and establishing bank capital adequacy requirements. The chapters in this book provide illustrative discussion, analysis and evidence on the importance of accounting information in credit markets. The first of the four pieces reflects on how a conservative financial reporting system helps firms obtain debt funds and with better conditions, and why this is the case. The second examines the effects of accounting disclosure on credit ratings of private companies and shows that accounting information is useful for credit rating agencies. The two final pieces reflect on how banks should account for credit losses, and on how regulators are tackling this issue.

The chapters in this book were originally published as a special issue of Accounting and Business Research.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Mark Clatworthy is Professor of Accounting in the Department of Accounting and Finance at University of Bristol, UK.

Juan Manuel García Lara is Professor of Accounting at Universidad Carlos III de Madrid, Spain.

Edward Lee is Professor of Accounting and Finance at the Alliance Manchester Business School, University of Manchester, UK.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Routledge
Date d'édition
2021
Langue
anglais
ISBN 10 
0367688891
ISBN 13 
9780367688899
Reliure
Relié
Nombre de pages
142
Éditeur
Clatworthy Mark, García Lara Juan Manuel, Lee Edward
Coordonnées du fabricant
non disponible
Personne responsable
non disponible