CDS Trading Initiation, Information Asymmetry, and Dividend Payout

Autor: Chao Kevin Li, Jianxin Zhao, Wayne R. Landsman

Publikováno v: Management Science. 69:684-701

This study uses an information-asymmetry framework to examine the effect of initiation of credit default swaps (CDS) trading on firm dividend payout policy. We find evidence that CDS initiation is associated with increasing dividends, which is consis

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6d3c8349c87820e00879b9ee635917d7
https://doi.org/10.1287/mnsc.2022.4337

The Environmental Spillover Effect through Private Lending

Autor: Lili Dai, Wayne R. Landsman, Zihang Ryan Peng

Publikováno v: SSRN Electronic Journal.

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::b29e9d98fb7931b87b14999af83b24fa
https://doi.org/10.2139/ssrn.4447050

The Revolving Door between Large Audit Firms and the PCAOB: Implications for Future Inspection Reports and Audit Quality

Autor: Bradley E. Hendricks, Wayne R. Landsman, Francisco Dimas Pena-Romera

Publikováno v: The Accounting Review. 97:261-292

This study examines whether audit firms hire former PCAOB employees in response to negative PCAOB inspection reports, and whether such hiring leads to reductions in future inspection deficiencies and an increase in audit quality. We find that the num

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::37a25c591da889e79420e1ba4c37319e
https://doi.org/10.2308/tar-2019-0649

Effect of Mandatory IFRS Adoption on Accounting-Based Prediction Models for CDS Spreads

Autor: Wayne R. Landsman, Pepa Kraft, Zilu Shan

Publikováno v: Kraft, P, Landsman, W R & Shan, Z 2020, ' Effect of Mandatory IFRS Adoption on Accounting-Based Prediction Models for CDS Spreads ', European Accounting Review . https://doi.org/10.1080/09638180.2020.1760116

In this study, we examine the effects of mandatory IFRS adoption on accounting-based prediction models of CDS spreads for a sample of 292 firms in 16 countries. In our examination, we estimate the models for both financial and nonfinancial firms befo

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::5436280fbf0555ee7507ef0464d79397
https://doi.org/10.1080/09638180.2020.1760116

Risk Factor Disclosure and Private Debt Contracting

Autor: Lili Dai, Wayne R. Landsman, Zihang Ryan Peng

Publikováno v: SSRN Electronic Journal.

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::9729976c41b1fad263e8591674992e0f
https://doi.org/10.2139/ssrn.4049334