Alternative Information Sources and the Information Content of Bank Loans
- 1 September 1993
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 48 (4) , 1507-1522
- https://doi.org/10.2307/2329049
Abstract
This paper examines the information content of bank loan agreements. We differentiate borrowers according to financial analysts' percentage earnings forecast errors and most recent forecast revisions...Keywords
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