| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086851 | Journal of Accounting and Economics | 2011 | 6 Pages |
Abstract
⺠Demerjian argues that standard-setters have moved towards a “balance sheet approach.” ⺠He provides evidence of a decline in the use of balance sheet covenants in debt contracts. ⺠The evolution of standard-setting is more complex than this argument implies. ⺠There are still open issues regarding the economic determinants of debt contracts.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Douglas J. Skinner,