This paper extends the theory of management lobbying on accounting standards. Specifically, it is hypothesized that, in addition to the variables previously identified in literature, the capital structure of the firm would affect its management's lobbying position on an accounting standard. The results of an empirical investigation of the lobbying position of firms on the accounting for interest costs issue, reported in the paper, confirm the extended theory.
|Original language||English (US)|
|Number of pages||11|
|Journal||Journal of Business Finance & Accounting|
|State||Published - 1982|
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)