The balance sheet accumulates the effects of previous accounting choices, so the level of net assets partly reflects the extent of previous earnings management. We predict that managers' ability to ...

Convertible notes can be potent tools for a business. These borrowing instruments can be exchanged for stocks if the investor so desires. Giving such a valuable option to investors allows the issuing ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The Dutch economy is characterized by substantial financial balance sheets in the private sector. Uncommonly large gross ...

Notes payable make up a common category of current liabilities as shown on the balance sheet. These include debt obligations payable within a 12-month period. A note is a formal written commitment to ...

Stem, Inc. (NYSE: STEM) (the “Company”), a global leader in AI-enabled clean energy software and services, today announced that it completed a privately negotiated exchange (the “Exchange Agreement”) ...

This paper examines the cash flow sensitivity of investment using a panel of UK manufacturing firms to investigate the existence of a balance sheet channel. In addition to examining the impact of cash ...