How to cite this paper
Sharifi, F & Jafari, S. (2016). Cash flows and leverage adjustments.Accounting, 2(4), 161-166.
Refrences
Altınkılıç, O., & Hansen, R. S. (2000). Are there economies of scale in underwriting fees? Evidence of rising external financing costs. Review of Financial Studies, 13(1), 191-218.
Bates, T. W., Kahle, K. M., & Stulz, R. M. (2009). Why do US firms hold so much more cash than they used to?. The Journal of Finance, 64(5), 1985-2021.
Beatty, A., & Weber, J. (2003). The effects of debt contracting on voluntary accounting method changes. The Accounting Review, 78(1), 119-142.
Bruns, W. J., & Merchant, K. A. (1990). The dangerous morality of managing earnings. Management Accounting, 72(2), 22-25.
Carpenter, R. E., & Guariglia, A. (2008). Cash flow, investment, and investment opportunities: New tests using UK panel data. Journal of Banking & Finance, 32(9), 1894-1906.
Christie, A. A., & Zimmerman, J. L. (1994). Efficient and opportunistic choices of accounting procedures: Corporate control contests. Accounting Review, 69(4), 539-566.
Cohen, D. A., & Zarowin, P. (2010). Accrual-based and real earnings management activities around seasoned equity offerings. Journal of Accounting and Economics, 50(1), 2-19.
Dechow, P. M., & Skinner, D. J. (2000). Earnings management: Reconciling the views of accounting academics, practitioners, and regulators. Accounting Horizons, 14(2), 235-250.
Fan, J. P., & Wong, T. J. (2002). Corporate ownership structure and the informativeness of accounting earnings in East Asia. Journal of accounting and economics, 33(3), 401-425.
Faulkender, M., Flannery, M. J., Hankins, K. W., & Smith, J. M. (2012). Cash flows and leverage adjustments. Journal of Financial Economics,103(3), 632-646.
Fudenberg, D., & Tirole, J. (1995). A theory of income and dividend smoothing based on incumbency rents. Journal of Political Economy, 103(1), 75-93.
Frank, M. Z., & Goyal, V. K. (2009). Capital structure decisions: which factors are reliably important?. Financial Management, 38(1), 1-37.
Ho, S. S., & Wong, K. S. (2001). A study of the relationship between corporate governance structures and the extent of voluntary disclosure.Journal of International Accounting, Auditing and Taxation, 10(2), 139-156.
Huang, R., & Ritter, J. R. (2009). Testing theories of capital structure and estimating the speed of adjustment. Journal of Financial and Quantitative Analysis, 44(02), 237-271.
Kim, M., & Kross, W. (2005). The ability of earnings to predict future operating cash flows has been increasing—not decreasing. Journal of Accounting Research, 43(5), 753-780.
Korteweg, A. (2010). The net benefits to leverage. The Journal of Finance,65(6), 2137-2170.
Laeven, L., & Levine, R. (2008). Complex ownership structures and corporate valuations. Review of Financial Studies, 21(2), 579-604.
Leary, M. T. (2009). Bank loan supply, lender choice, and corporate capital structure. The Journal of Finance, 64(3), 1143-1185.
Lemmon, M. L., & Lins, K. V. (2003). Ownership structure, corporate governance, and firm value: Evidence from the East Asian financial crisis.The journal of finance, 58(4), 1445-1468.
Myers, S. C. (2001). Capital structure. The Journal of Economic Perspectives, 15(2), 81-102.
Shyam-Sunder, L., & Myers, S. C. (1999). Testing static tradeoff against pecking order models of capital structure. Journal of Financial Economics,51(2), 219-244.
Strebulaev, I. A. (2007). Do tests of capital structure theory mean what they say?. The Journal of Finance, 62(4), 1747-1787.
Vafeas, N., & Theodorou, E. (1998). The relationship between board structure and firm performance in the UK. The British Accounting Review,30(4), 383-407.
Bates, T. W., Kahle, K. M., & Stulz, R. M. (2009). Why do US firms hold so much more cash than they used to?. The Journal of Finance, 64(5), 1985-2021.
Beatty, A., & Weber, J. (2003). The effects of debt contracting on voluntary accounting method changes. The Accounting Review, 78(1), 119-142.
Bruns, W. J., & Merchant, K. A. (1990). The dangerous morality of managing earnings. Management Accounting, 72(2), 22-25.
Carpenter, R. E., & Guariglia, A. (2008). Cash flow, investment, and investment opportunities: New tests using UK panel data. Journal of Banking & Finance, 32(9), 1894-1906.
Christie, A. A., & Zimmerman, J. L. (1994). Efficient and opportunistic choices of accounting procedures: Corporate control contests. Accounting Review, 69(4), 539-566.
Cohen, D. A., & Zarowin, P. (2010). Accrual-based and real earnings management activities around seasoned equity offerings. Journal of Accounting and Economics, 50(1), 2-19.
Dechow, P. M., & Skinner, D. J. (2000). Earnings management: Reconciling the views of accounting academics, practitioners, and regulators. Accounting Horizons, 14(2), 235-250.
Fan, J. P., & Wong, T. J. (2002). Corporate ownership structure and the informativeness of accounting earnings in East Asia. Journal of accounting and economics, 33(3), 401-425.
Faulkender, M., Flannery, M. J., Hankins, K. W., & Smith, J. M. (2012). Cash flows and leverage adjustments. Journal of Financial Economics,103(3), 632-646.
Fudenberg, D., & Tirole, J. (1995). A theory of income and dividend smoothing based on incumbency rents. Journal of Political Economy, 103(1), 75-93.
Frank, M. Z., & Goyal, V. K. (2009). Capital structure decisions: which factors are reliably important?. Financial Management, 38(1), 1-37.
Ho, S. S., & Wong, K. S. (2001). A study of the relationship between corporate governance structures and the extent of voluntary disclosure.Journal of International Accounting, Auditing and Taxation, 10(2), 139-156.
Huang, R., & Ritter, J. R. (2009). Testing theories of capital structure and estimating the speed of adjustment. Journal of Financial and Quantitative Analysis, 44(02), 237-271.
Kim, M., & Kross, W. (2005). The ability of earnings to predict future operating cash flows has been increasing—not decreasing. Journal of Accounting Research, 43(5), 753-780.
Korteweg, A. (2010). The net benefits to leverage. The Journal of Finance,65(6), 2137-2170.
Laeven, L., & Levine, R. (2008). Complex ownership structures and corporate valuations. Review of Financial Studies, 21(2), 579-604.
Leary, M. T. (2009). Bank loan supply, lender choice, and corporate capital structure. The Journal of Finance, 64(3), 1143-1185.
Lemmon, M. L., & Lins, K. V. (2003). Ownership structure, corporate governance, and firm value: Evidence from the East Asian financial crisis.The journal of finance, 58(4), 1445-1468.
Myers, S. C. (2001). Capital structure. The Journal of Economic Perspectives, 15(2), 81-102.
Shyam-Sunder, L., & Myers, S. C. (1999). Testing static tradeoff against pecking order models of capital structure. Journal of Financial Economics,51(2), 219-244.
Strebulaev, I. A. (2007). Do tests of capital structure theory mean what they say?. The Journal of Finance, 62(4), 1747-1787.
Vafeas, N., & Theodorou, E. (1998). The relationship between board structure and firm performance in the UK. The British Accounting Review,30(4), 383-407.