The Effect of Private Information and Monitoring on the Role of Accounting Quality in Investment Decisions
Information asymmetry between managers and outside capital suppliers can affect how firms finance capital investments. A growing body of evidence indicates that better accounting quality can reduce information asymmetry costs and reduce financing constraints. Consistent with this possibility, Biddle...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Wiley Blackwell,
2013-01-23T16:05:03Z.
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| Subjects: | |
| Online Access: | Get fulltext |