Financial reporting quality and dual-holding of debt and equity
I investigate whether the financial reporting quality (FRQ) of a firm influences the propensity of institutional investors to simultaneously hold the firm's debt and equity (dual-holding). I predict that the underlying reason for institutional dual-holding is access to the better information th...
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Format: | Article |
Language: | English |
Published: |
American Accounting Association
2019
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Online Access: | View Fulltext in Publisher |