Accounting conservatism and the cost of bank credit in Brazil

2013 ◽  
Vol 10 (1) ◽  
pp. 27-48 ◽  
Author(s):  
Giovani Antonio Silva Brito ◽  
Eliseu Martins
Keyword(s):  
Accounting Conservatism ◽  
Bank Credit ◽  
The Cost

scholarly journals Accounting Conservatism and the Cost of Debt: Evidence from Iraq

2019 ◽  
Vol 14 (2) ◽  
pp. 5437-5442
Author(s):  
Rana Abdulamerr Mohammed ◽  
Ban Abdul Kadhm Abdulaali ◽  
Maytham Hazim Azeez Khuzaae
Keyword(s):  
Accounting Conservatism ◽  
Cost Of Debt ◽  
The Cost

scholarly journals Review of Developments in the Pakistan Economy

1962 ◽  
Vol 2 (2) ◽  
pp. 291-299
Author(s):  
A. M. Ghouse
Keyword(s):  
Money Supply ◽  
Current Account ◽  
Food Supply ◽  
Industrial Sector ◽  
The Other ◽  
Bank Credit ◽  
Slight Improvement ◽  
Cost Of Living ◽  
Short Term ◽  
The Cost

The food supply position in the country was visibly comfortable during the period January-March 1962. However, cotton and jute markets were characterised by weak business sentiment owing to lack of adequate foreign demand and in the case of cotton, accumulating stocks at Karachi tended to depress prices. On the other hand, tea prices ruled firm at Chittagong auctions. In the industrial sector, a significant pick-up in production in a number of industries was discernible. At the same time, the short-term money market at Karachi witnessed acute stringency. Considerable increases were shown in money supply, deposit money and bank credit. A slight improvement in the deficit balance on current account was recorded following a larger increase in exports than imports. Meanwhile, there were some increases in the Cost of Living Indices for Karachi, Lahore and Narayanganj.

scholarly journals The Impact of Accounting Conservatism and Voluntary Disclosure on the Cost of Capital of Industrial Companies in Jordan

2017 ◽  
Vol 6 (1) ◽  
pp. 102 ◽  
Author(s):  
Heba S Warad ◽  
Prof. Dr. Mamoun M Al-Debi'e
Keyword(s):  
Voluntary Disclosure ◽  
Small Firms ◽  
Cost Of Capital ◽  
Negative Impact ◽  
Accounting Conservatism ◽  
Full Sample ◽  
Industrial Companies ◽  
Significant Negative Impact ◽  
The Cost ◽  
The Impact

This study aims at examining the impact of accounting conservatism and voluntary disclosure on the cost of capital of industrial companies in Jordan during the period (2009-2013). Panel OLS regression analysis was employed to test the hypotheses of the study. The results of the full sample model revealed that accounting conservatism and voluntary disclosure have significant negative impacts on the firms’ cost of capital.Furthermore, the results of the sub-samples which distinguish between large and small, as well as between high and low leverage firms showed that the sub-sample of large and small firms conforms to the full sample results.  Across the sub-sample of high leverage firms, the results showed that only voluntary disclosure has a significant negative impact on the firm’s cost of capital. On the other hand, only accounting conservatism has a significant negative impact on the firm’s cost of capital across the sub-sample of low leverage firms. 

Accounting conservatism and the cost of equity capital: UK evidence

2009 ◽  
Vol 35 (4) ◽  
pp. 325-345 ◽  
Author(s):  
Ann L.‐C. Chan ◽  
Stephen W.J. Lin ◽  
Norman Strong
Keyword(s):  
Equity Capital ◽  
Accounting Conservatism ◽  
Cost Of Equity Capital ◽  
Cost Of Equity ◽  
The Cost

scholarly journals The Effect of Accounting Conservatism on the Cost of Debt: Industrial Differences

2015 ◽  
Vol null (64) ◽  
pp. 27-48
Author(s):  
Kang, Sun-A ◽  
Truong Nguyen ◽  
김용식
Keyword(s):  
Accounting Conservatism ◽  
Cost Of Debt ◽  
The Cost

scholarly journals The Influence of Bank Credit on Financial Structure and Financial Return for the Romanian Companies Active in Car Parts Distribution

2020 ◽  
Vol 9 (2) ◽  
pp. 73
Author(s):  
Baciu (Boanta) Rodica ◽  
Brezeanu Petre ◽  
Adrian Simon
Keyword(s):  
Data Model ◽  
Bank Credit ◽  
Motor Vehicles ◽  
Investment Efficiency ◽  
Income Generation ◽  
Wholesale Trade ◽  
Financial Return ◽  
Main Factors ◽  
The Cost

In this research, we analyze the dependence between financial return (as a dependent, endogenous variable) and bank credit (the volume of bank credits and the cost of borrowed capital, both expressed as independent, exogenous variables), applicable to Romanian companies that deal in the wholesale trade sector of parts and accessories for motor vehicles. Using the 2008–2017 time series panel data model on companies in this sector, we conclude that there is a relatively modest link between financial performance and bank credit., thus illustrating that the main factors generating financial returns are asset rotation (long-term investment efficiency in income generation) as well as operational profitability margin. We also discuss the diagnosis of capital returns in the analyzed sector by decompiling it into margins, rotation and capital structure (DuPont) rates. 

Trade credit, SMEs and short-run survivorship: what we know and what we would like to know

2018 ◽  
Vol 10 (4) ◽  
pp. 346-362 ◽  
Author(s):  
Belinda Laura Del Gaudio ◽  
Claudio Porzio ◽  
Vincenzo Verdoliva
Keyword(s):  
Trade Credit ◽  
Time Span ◽  
Bank Credit ◽  
Alternative Form ◽  
Substitution Effects ◽  
Content Type ◽  
Firm Financing ◽  
Short Run ◽  
Credit Financing ◽  
The Cost

Purpose The purpose of this paper is to draw the state of the art on the trade credit, one of the most alternative form of firm financing, especially for small- and medium-sized enterprises (SMEs). Design/methodology/approach The present study first reviews the theoretical papers focusing on the raison d’être of trade credit financing. Then the study identifies the empirical research studies in SMEs’ context and summarizes them on the basis of the following drivers: the country and the period analysed, the methodology used, the main findings and the presence of a shock in time span. Findings Findings reveal a discrepancy of results, especially in testing Meltzer’s hypothesis of substitution effects among trade and bank credit. The heterogeneity of results should be driven by lending infrastructure of the country analysed and the presence or not of a shock in time span considered. Financial constraints can reconcile the discrepancy of results. Then, most of the studies analysed are based on the assumption that trade credit is more expensive than bank credit. Originality/value This paper provides valuable conclusion on past and present studies on trade credit. First is providing a rule of the thumb in the reading of empirical evidences. Also researchers and academicians should deal with consideration regarding the cost of trade credit that still appears as a black box. This is an important issue in corporate finance, as it influences the financial decision of firms and it will be useful for conducting a deeper comparison on the alternative cost of firm financing.

Sign in / Sign up

Export Citation Format

Share Document