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The role of bondholder coordination in freeze-out exchange offers. (2013). Eleonora, Broccardo ; Flavio, Bazzana .
In: Journal of Financial Management, Markets and Institutions.
RePEc:mul:jdp901:doi:10.12831/73633:y:2013:i:1:p:51-65.

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  37. The role of bondholder coordination in freeze-out exchange offers. (2013). Eleonora, Broccardo ; Flavio, Bazzana .
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  38. The role of bondholder coordination in freeze-out exchange offers. (2013). Eleonora, Broccardo ; Flavio, Bazzana .
    In: Journal of Financial Management, Markets and Institutions.
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  39. This paper empirically tests the relation between a firm€™s degree of accounting conservatism and its level of operating risk. This paper constitutes the first empirical study in the accounting literature to test the risk signaling theory of accounting conservatism which is recently proposed by Wang, O hOgartaigh and van Zijl (2010), who argue that a firm optimally selects a degree of accounting conservatism in order to signal its own operating risk to the capital market. Consistent with the signaling theory, this paper reports empirical evidence that US firms with a lower level of operating risk are more likely to adopt a higher level of accounting conservatism than are firms with a higher level of operating risk. This finding indicates that a signaling separating equilibrium indeed exists in the capital market, where firms use accounting conservatism as a signaling device. The findings of this paper highlights the important economic role that accounting conservatism plays in reducing the capital market€™s information asymmetry with regard to the firm€™s operating risk.. (2013). Wang, Richard Zhe .
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  47. The freeze-out bond exchange offer. An experimental approach. (2012). Mittone, Luigi ; Andreozzi, Luciano ; Bazzana, Flavio.
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  48. Excess Executive Compensation and the Demand for Accounting Conservatism. (2012). SHUTO, Akinobu ; Iwasaki, Takuya ; Otomasa, Shota ; Shiiba, Atsushi.
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  49. Earnings restatements and differential timeliness of accounting conservatism. (2012). ZHANG, WEINING ; Huang, Ying ; Ettredge, Michael.
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  51. The Problem that Wasnt: Coordination Failures in Sovereign Debt Restructurings. (2011). Chamon, Marcos ; Bi, Ran ; Zettelmeyer, Jeromin.
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  52. Implications for GAAP from an analysis of positive research in accounting. (2010). KOTHARI, S. P. ; Ramanna, Karthik ; Skinner, Douglas J..
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  53. The role of information and financial reporting in corporate governance and debt contracting. (2010). Guay, Wayne R. ; Weber, Joseph P. ; Armstrong, Christopher S..
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  54. Discussion of: Acquisition profitability and timely loss recognition by J. Francis and X. Martin. (2010). Roychowdhury, Sugata.
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  55. Acquisition profitability and timely loss recognition. (2010). Martin, Xiumin ; Francis, Jere R..
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  56. Managerial Ownership and Accounting Conservatism in Japan: A Test of Management Entrenchment Effect. (2010). Takada, Tomomi ; Shuto, Akinobu.
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    RePEc:bla:jbfnac:v:37:y:2010-07:i:7-8:p:815-840.

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  57. Estimation and empirical properties of a firm-year measure of accounting conservatism. (2009). Watts, Ross L. ; Khan, Mozaffar.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:48:y:2009:i:2-3:p:132-150.

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  58. Optimal impairment rules. (2009). Göx, Robert ; Gox, Robert F. ; Wagenhofer, Alfred.
    In: Journal of Accounting and Economics.
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  59. The Economic Determinants of Conditional Conservatism. (2009). Juan Manuel Garcia Lara, ; Penalva, Fernando ; Osma, Beatriz Garcia.
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:36:y:2009-04:i:3-4:p:336-372.

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  60. The role of information asymmetry and financial reporting quality in debt trading: Evidence from the secondary loan market. (2008). Wittenberg-Moerman, Regina.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:46:y:2008:i:2-3:p:240-260.

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  61. Conservative financial reporting, debt covenants, and the agency costs of debt. (2008). Guay, Wayne R..
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:45:y:2008:i:2-3:p:175-180.

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