Accounting Quality and Debt Concentration

We thank Joseph P. Weber (editor), three anonymous reviewers, Ashiq Ali, Bill Cready, Zhonglan Dai, Thomas Ruchti, seminar participants at City University of Hong Kong, HEC Paris, The University of Texas at Arlington, and The University of Texas at Dallas, as well as participants at the 2015 EAA Annual Meeting, 2015 Tilburg Accounting Spring Camp, and 2016 AAA FARS Midyear Meeting for their valuable comments. We gratefully acknowledge the financial support of Singapore Management University, The University of Texas at Dallas, HEC Paris, The University of Chicago Booth School of Business, and the University of Southern California. All errors are our own.

Ningzhong Li, The University of Texas at Dallas, Jindal School of Management, Department of Accounting, Richardson, TX, USA; Yun Lou and Clemens A. Otto, Singapore Management University, School of Accountancy and Lee Kong Chiang School of Business, Singapore; Regina Wittenberg-Moerman, University of Southern California, USC Marshall School of Business, Leventhal School of Accounting, Los Angeles, CA, USA.

Editor's note: Accepted by Joseph P. Weber, under the Senior Editorship of Mary E. Barth.