Graduation Year
2024
Date of Submission
4-2024
Document Type
Open Access Senior Thesis
Award
Robert Day School Prize for Best Senior Thesis in Economics (Accounting) and Finance
Degree Name
Bachelor of Arts
Department
Economics-Accounting
Reader 1
Matthew Magilke
Reader 2
George Batta
Terms of Use & License Information
Rights Information
© 2024 Eric Sanchez
Abstract
This research examines the influence of financial accounting standards for hybrid securities on corporate financing decisions. It uses ASU-2020-06 as a setting to test changes to the influence of moral hazard, adverse selection, and financial distress contracting costs on the likelihood of convertible bond issuances under the prior and latter accounting regimes for securities convertible into an entity's own equity.
Recommended Citation
Sanchez, Eric, "Did ASU 2020-06 Impact Firm Corporate Financing Decisions?" (2024). CMC Senior Theses. 3610.
https://scholarship.claremont.edu/cmc_theses/3610
