Ge, Wenxia; Kang, Tony; Lobo, Gerald J.; Song, Byron Y. - In: Asian Review of Accounting 25 (2017) 2, pp. 262-287
Purpose The purpose of this paper is to examine how a firm’s investment behavior relates to its subsequent bank loan contracting. Design/methodology/approach Using a sample of US firms during the period 1992-2011, the authors examine the association between overinvestment (underinvestment) and...
