Managerial strategies and decisions clearly affect stock prices both in the short and long run.
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Q20: Contracting parties understand that financial reporting flexibility
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Q22: A covenant that specifies a required minimum
Q23: Although covenant compliance can be jeopardized by
Q24: Management tends to make accounting changes and
Q26: Managers wishing to avoid loan covenant violations
Q27: Seizure of collateral is one possible remedy
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