...Ryan V. Hess; Lillian F. Mills SYNOPSIS We examine whether, and to what extent, government economic assistance is associated with future firm leverage. We use novel data from public records to provide evidence on a distinct impact of government assistance on firm capital structure. Using a two...

...Rosemond Desir; Ray J. Pfeiffer; Francesca Roberts SYNOPSIS Government assistance provided to U.S. companies is a large and economically significant phenomenon. Although the Financial Accounting Standards Board (FASB) has a current project concerning government assistance, U.S. Generally Accepted...