英文论文模板.doc

可编辑修改 黑龙江科技大学黑龙江科技大学 MPAccMPAcc 课程名称 外文专业学术论文 四号字 宋体 不加粗 作业题目 写你外文论文的题目 二号字 宋体 加 粗 班级 姓名 学号 教师评阅意见 课程成绩 Comment A1 论文题目用小二字号 加粗 字体采用 Times New Roman Comment A2 正文字体用小四号 Comment A3 正文标题居中 Comment A4 每一段落开头要空格 就是在半角状态下敲 4 下回车 可编辑修改 AccountingAccounting QualityQuality andand DebtDebt ContractingContracting ABSTRACT ABSTRACT We study the role of borrower accounting quality in debt contracting Specifically we examine how accounting quality affects the borrower s choice of private versus public debt market and how the design of debt contracts vary with accounting quality in the two markets We find that accounting quality affects the choice of the market with poorer accounting quality borrowers preferring private debt i e bank loans This is consistent with banks possessing superior information access and processing abilities that reduce adverse selection costs for borrowers We also find that accounting quality has an economically significant but differential impact on contract design in the two markets consistent with differences in re contracting flexibility across the two markets In the case of private debt since there is greater re contracting flexibility both the price i e interest and non price i e maturity and collateral terms are significantly more stringent for poorer accounting quality borrowers unlike public debt where only the price terms are more stringent The impact of accounting quality on interest spreads of public debt is 2 5 times that of the private debt since the price terms alone reflect the variation in accounting quality Keywords Keywords accounting quality accruals debt contracts loan terms public debt private debt loans bonds I INTRODUCTION Debt financing is a predominant source of new external funding for U S corporations For instance in 2005 the total new capital raised in the syndicated loan market private debt was 1 500 billion and the corporate bond Comment A5 参考文献中符号要都 在半角下编辑 格式要标准 可编辑修改 issuance amounted to II RELATED LITERATURE REFERENCES 1 Bharath S T J Sunder S V Sunder Accounting Quality and Debt Contracting J The Accounting Review 2008 83 1 1 28 2 Roychowdhury S Earnings Management through Real Activities Manipulation J Journal of Accounting and Economics 2006 42 3 335 370 备注 如果论文中有图和表请参照下列要求 1 1 图 图 图包括曲线图 构造图 示意图 图解 框图 流程图 地图 照片等 图 应具有 自明性 即只看图 图题和图例 不阅读全文 就可理解图意 图应 编排序号 例如图 1 图 2 每一图应有简短确切的英文题名 连同图号置于图下 Sales department gets the orders Purchasing department decomposes scheme Purchasing by price Sign purchasing contract Technology centre Technology department Quality assurance department Development department Quality traceability in quality assurance department Comprehensive evaluation in development department 可编辑修改 FigureFigure 1 1 TheThe MikeMike Co Co Ltd Ltd s s improvedimproved purchasingpurchasing flowflow chartchart 2 2 表 表 表格采用三线表 附有英文题名 表的编排 一般是内容和测试项目由左至 右横读 数据依序竖排 表应有自明性并采用阿拉伯数字编排序号 如表 1 表 2 等 每一表应有简短确切的英文题名 连同表号置于表上 T Ta ab bl le e1 1 CostCost profitprofit marginmargin ofof thethe MikeMike Co Co Ltd Ltd Items20102011 Operating Cost6 500 0007 500 000 Finance Charge235 000300 000 Loss in Distressed Asset 280 000309 000 Cost and Expense in Total7 874 0009 300 000 Total Profit3 020 0003 494 600 Cost Prof