Asset revaluations and assessment of borrowing capacity
Article
Article Title | Asset revaluations and assessment of borrowing capacity |
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ERA Journal ID | 19052 |
Article Category | Article |
Authors | Cotter, Julie (Author) and Zimmer, Ian (Author) |
Journal Title | Abacus: a journal of accounting, finance and business studies |
Journal Citation | 31 (2), pp. 136-151 |
Number of Pages | 16 |
Year | 1995 |
Place of Publication | Melbourne, Australia |
ISSN | 0001-3072 |
1467-6281 | |
Abstract | Prior research has found support for contracting, political cost and information asymmetry explanations for managements' decision to revalue non-current assets. This study proposes that asset revaluations occur to signal available borrowing capacity via an increase in collateral |
Keywords | valuation; assets; borrowing; liquidity |
ANZSRC Field of Research 2020 | 350103. Financial accounting |
350204. Financial institutions (incl. banking) | |
380304. Microeconomic theory | |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Faculty of Business |
University of Queensland | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q0v5x/asset-revaluations-and-assessment-of-borrowing-capacity
1967
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