RESEARCH

My research interests broadly span financial accounting and auditing topics. The specific areas I have explored in my research include the real effects of financial reporting, the real effects of capital market information frictions, as well as financing and debt contracting dynamics. You can find my publications and working papers below.

Publications

[1] Chy, Mahfuz, and Hoyoun Kyung. 2023. “The Effect of Bond Market Transparency on Bank Loan Contracting”

• Journal of Accounting and Economics 75 (2-3): 101536 ­­­­­­­­­­­

[2] Chy, Mahfuz, and Jeffrey Callen. 2023. “The Agency Costs of Investment Opportunities and Debt Contracting: Evidence from Exogenous Shocks to Government Spending”

•   Journal of Business Finance & Accounting 

[3] Chy, Mahfuz, Gus De Franco, and Barbara Su. 2021. "The Effect of Auditor Litigation Risk on Clients’ Access to Bank Debt: Evidence from a Quasi-experiment"

• Journal of Accounting and Economics 71(1): 101354

[4] Chy, Mahfuz, and Ole-Kristian Hope. 2021. "Real Effects of Auditor Conservatism"

• Review of Accounting Studies 26(2): 730-771

Working Papers

[5] Chy, Mahfuz. 2024. “Price and Payout”

[6] Chy, Mahfuz, Inder Khurana, and Hoyoun Kyung. 2024. “Spillover Effects of the SEC’s Regulatory Oversight on Private Debt Contracting: Evidence from Cross-listed Foreign Firms” 

[7] Chy, Mahfuz, and Jeffery Piao. 2024. "Peer Effects of Price Transparency"