English  |  正體中文  |  简体中文  |  Items with full text/Total items : 58286/91808 (63%)
Visitors : 13821895      Online Users : 61
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/120173


    Title: The Effect of the Accounting Expertise of Chief Financial Officers on Corporate Credit Ratings
    Authors: Chen, Ming-Chin;Chang, Chia-Wen
    Keywords: Accounting expertise;chief financial officer;credit rating
    Date: 2020-10-15
    Issue Date: 2021-03-12 12:11:24 (UTC+8)
    Abstract: Corporate credit ratings (CRs) are closely related to companies’ cost of debt financing. Recent research has drawn wide attention to how nonfinancial as well as financial factors may affect ratings. By manually collecting information about the profiles of chief financial officers (CFOs) of US companies, we examine the effect of CFOs’ accounting expertise on corporate CRs. The results show that firms with accounting expert CFOs are more likely to receive higher CRs and that the effect of CFOs’ accounting expertise on the ratings is more pronounced for firms with higher default risk, suggesting that the accounting expertise of CFOs may be an important factor that affects CRs. Moreover, we find a dynamic relation between accounting expert CFOs and CRs such that a downgrade in a firm’s CR in a prior year affects the subsequent selection of an accounting expert CFO.
    Relation: Asia-Pacific Journal of Accounting & Economics
    DOI: 10.1080/16081625.2020.1830560
    Appears in Collections:[Graduate Institute & Department of Accounting] Journal Article

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML11View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback