He, G. (2015) 'The effect of CEO inside debt holdings on financial reporting quality.', Review of accounting studies., 20 (1). pp. 501-536.
Abstract
This study investigates the effect of CEO inside debt holdings on financial reporting quality. I find that higher CEO inside debt holdings are associated with lower abnormal accruals, higher accruals quality, a lower likelihood of an earnings misstatement, and a lower incidence of earnings benchmark beating, suggesting that CEO inside debt promotes high financial reporting quality. Additional analyses reveal that (1) CEO inside debt holdings reduce firm-specific stock price crash risk, and that (2) auditors are less likely to report a material internal control weakness for firms that have large CEO inside debt.
| Item Type: | Article |
|---|---|
| Full text: | (AM) Accepted Manuscript Download PDF (700Kb) |
| Status: | Peer-reviewed |
| Publisher Web site: | https://doi.org/10.1007/s11142-014-9305-8 |
| Publisher statement: | The final publication is available at Springer via https://doi.org/10.1007/s11142-014-9305-8. |
| Date accepted: | 18 August 2014 |
| Date deposited: | 06 December 2017 |
| Date of first online publication: | 31 August 2014 |
| Date first made open access: | No date available |
Save or Share this output
| Export: | |
| Look up in GoogleScholar |
