Search Results - "NIKOLAEV, VALERI V."

Debt Covenants and Accounting Conservatism by NIKOLAEV, VALERI V.

“…Using a sample of over 5,000 debt issues, I test whether firms with more extensive use of covenants in their public debt contracts exhibit timelier recognition…”
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Capital Versus Performance Covenants in Debt Contracts by CHRISTENSEN, HANS B., NIKOLAEV, VALERI V.

“…Building on contract theory, we argue that financial covenants control the conflicts of interest between lenders and borrowers via two different mechanisms…”
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On Estimating Conditional Conservatism by Ball, Ray, Kothari, S. P., Nikolaev, Valeri V.

“…The concept of conditional conservatism (asymmetric earnings timeliness) has provided new insight into financial reporting and stimulated considerable research…”
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Scope for renegotiation in private debt contracts by Nikolaev, Valeri V.

“…I study whether the demand for monitoring explains the scope for renegotiation in private debt contracts. Theory suggests that renegotiation trades off the…”
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On earnings and cash flows as predictors of future cash flows by Ball, Ray, Nikolaev, Valeri V.

“…Do accruals-based earnings provide better information about future operating cash flows than do operating cash flows themselves, as predicted by the Financial…”
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Deflating profitability by Ball, Ray, Gerakos, Joseph, Linnainmaa, Juhani T., Nikolaev, Valeri V.

“…Gross profit scaled by book value of total assets predicts the cross section of average returns. Novy-Marx (2013) concludes that it outperforms other measures…”
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Accounting Information in Financial Contracting: The Incomplete Contract Theory Perspective by CHRISTENSEN, HANS B., NIKOLAEV, VALERI V., WITTENBERG-MOERMAN, REGINA

“…This paper reviews theoretical and empirical work on financial contracting that is relevant to accounting researchers. Its primary objective is to discuss how…”
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Financial shocks to lenders and the composition of financial covenants by Christensen, Hans B., Macciocchi, Daniele, Morris, Arthur, Nikolaev, Valeri V.

“…We provide evidence that financial shocks to lenders influence the composition of financial covenants in debt contracts. Using two distinct measures of…”
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Discussion of “Borrower private information covenants and loan contract monitoring” by Nikolaev, Valeri V.

“…Carrizosa and Ryan (2017) explore the use of private information covenants, which contractually oblige borrowers to disclose projected and intra-quarter…”
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Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism by BALL, RAY, KOTHARI, S. P., NIKOLAEV, VALERI V.

“…A substantial literature investigates conditional conservatism, defined as asymmetric accounting recognition of economic shocks ("news"), and how it depends on…”
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Does fair value accounting for non-financial assets pass the market test? by Christensen, Hans B., Nikolaev, Valeri V.

“…The choice between fair value and historical cost accounting is the subject of long-standing controversy among accounting academics and regulators…”
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Contracting on GAAP Changes: Large Sample Evidence by CHRISTENSEN, HANS B., NIKOLAEV, VALERI V.

“…We explore revealed preferences for the contractual treatment of changes to GAAP in a large sample of private credit agreements issued by publicly held U.S…”
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Outside Blockholders' Monitoring of Management and Debt Financing: An Alternative Perspective by Nikolaev, Valeri V.

“…Liao () argues that the monitoring by large outside shareholders (blockholders) exacerbates the conflict between debt and equity and in turn affects the choice…”
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