Author: | Billings, B. K. |
Title: | Revisiting the relation between the default risk of debt and the earnings response coefficient |
Journal: | Accounting Review
1999 : OCT, VOL. 74:4, p. 509-522 |
Index terms: | Financial risk Risk analysis Debt Earnings Bonds Equity capital |
Language: | eng |
Abstract: | The author examines how the association between earnings response coefficients and default risk is impacted by the inclusion of expected earnings growth in the model. |
SCIMA