Results 121 to 130 of about 4,176 (235)
Covenant Complexity in Credit Agreements: EBITDA Permissiveness and Credit Spread Outcomes
, 2022 EBITDA is a widely used metric of corporate profitability, used in the vast majority of US syndicated loan agreements; however, minimal research has occurred regarding variation within the contract-to-contract definition of EBITDA. Using machine learning
Bhutoria, Raj
core
Contemporary Accounting Research, Volume 43, Issue 2, Page 893-922, Summer 2026.ABSTRACT This paper examines whether lenders' risk preferences explain the use of cost‐synergy adjustments in loan contracts. These adjustments represent an aggressive accounting choice that permits borrowers to add expected cost savings and synergy gains from mergers, acquisitions, and restructurings to contractual earnings. Using novel data from loan
Shushu Jiang
wiley +1 more source
Corporate economic performance and sustainability indices: a study based on the Dow Jones Sustainability Index. [PDF]
SN Bus Econ, 2022 Denuwara N +6 more
europepmc +1 more source
EBITDA: POSSIBLE IMPACTS ON BUSINESS MANAGEMENT
, 2008 The objective of this is to analyze the potential and limitations of using EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) as a long-term financial indicator that affects management control, identifying its possible impacts on organizational planning and control if used as a single and prioritized indicator.
Frezatti, Fábio +1 more
openaire +1 more source
Journal of Business Finance &Accounting, Volume 53, Issue 3, Page 1210-1234, June 2026.ABSTRACT We examine the role of intrinsic motivations—psychologically based, non‐economic factors—in earnings benchmark beating by focusing on owner‐managed firms that are largely free from external pressures from shareholders, analysts, and the media.
Jeppe Christoffersen +2 more
wiley +1 more source
Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
Apuntes del CENESThe purpose of this study is to examine how private equity firms can increase the EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of their portfolio companies through IT cost reduction strategies. A collective case study approach
Maximilian Liepert
doaj +1 more source
Journal of Financial Research, Volume 49, Issue 2, Page 452-481, Summer 2026.Abstract We examine the effect of the inevitable disclosure doctrine (IDD) on cost of debt. Our difference‐in‐differences analyses reveal that the IDD significantly reduces the loan spread for borrowers in adopting states. To elucidate the mechanisms of such finding, we find that the IDD's effect is weaker in industries with high management turnover ...
Haiyan Jiang +2 more
wiley +1 more source
Company scaling and its deviations: New indicators for enterprise evaluation and bankruptcy prediction. [PDF]
PLoS One, 2023 Xu J, Chen X, Wen L, Zhang J.
europepmc +1 more source
Evaluación del margen del EBITDA como una herramienta de gestión financiera para unidades de negocio: caso Acerías Paz del Río S.A. [PDF]
, 2017 Este trabajo aborda la evaluación del margen del Ebitda como herramienta de gestión financiera para Acerías Paz del Río S.A., empresa que hace parte del grupo brasileño Votorantim S.A.
Alvarado Alvarado, Fredy Alexander
core
Competition Enforcement and Accounting for Intangible Capital
The Journal of Finance, Volume 81, Issue 3, Page 1217-1263, June 2026.ABSTRACT Antitrust laws mandate review of mergers and acquisitions (M&As) that exceed an asset size threshold based on accounting standards that exclude most intangible capital. We show that this exclusion leads to thousands of intangible‐intensive M&As being nonreportable. Acquirers in nonreportable deals achieve higher equity values and price markups,
JOHN D. KEPLER +2 more
wiley +1 more source