Financial Reporting Quality, Private Information, Monitoring, and the Lease-versus-Buy Decision
A flourishing stream of research suggests that liquidity-constrained firms with low accounting quality have limited access to capital for investments. We extend this research by investigating whether these firms are more likely to lease their assets. Lessors’ superior control rights allow them to pr...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
American Accounting Association
2013
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| Online Access: | http://hdl.handle.net/1721.1/76295 https://orcid.org/0000-0002-2221-5198 |