Dichev, Ilia D.; Piotroski, Joseph D. - In: Journal of Business Finance & Accounting 26 (1999-11) 9-10, pp. 1103-1132
This study uses a balance sheet-based method to identify both public and private debt issues. This feature is important because there have been no studies of the information content of private debt issues, while private debt is substantially more prevalent than public debt. We find no abnormal...
