… debt due to managerial bias. Either way, the low debt choice would be captured as a high
cost of debt … an ex ante estimate of the net cost of debt function for a wide variety of firms. This …

… Using various proxies for product market competition, and reductions of import tariff rates to
… effect on the cost of bank debt. Moreover, the analysis reveals that the effect of competition is …

… the impact of country-level political rights on the cost of debt for corporate bonds issued by
firms incorporated in 39 countries. Similar to, but separate from, the … in the cost of debt for firms …

… Creditor reliance on accounting-based debt … of director characteristics that influence the
integrity of financial accounting reports. In a sample of S&P 500 firms, we find that the cost of debt …

… The literature on the determinants of cost of debt generally documents a negative … between
measures of the default risk of the firm and the cost of debt.' This study is based on the idea …

… or harm bondholders: a reduction in managerial slack or the “quiet life,” resulting in higher
… with the first two mechanisms, we find that the cost of debt rose after the passage of the BC …

… the association between auditor fees and the cost of debt, as … that the association
between earnings and the cost of debt … fees directly affect the cost of debt for the noninvestment-…

… other outcomes, we expect to find a negative relation between CSP and the cost of debt –
considered as the overall rate paid by a firm to use debt financing. We refer to banks as a …

… – whose relation with cost of debt has not been examined before. … on the cost of debt.
Specifically, we obtain compelling evidence that board activity significantly reduces the cost of debt …

… Footnote 3 While prior research primarily studies the role of analysts in the cost of equity, we
… affect the cost of debt. We also build on recent research that documents the effects of other …