ch factors lead firms to lobby against the proposed changes in accounting for leases. The logistic model presented in this study puted using backward elimination. Lawless and Singhal (1978)'putational algorithm is used to obtain a first-order approximation of the remaining slope estimate for subsequent variable estimations, and variables are excluded in the backward elimination based on these approximations. The significance level for elimination used in this study is 15%. Finally, we examine who signed ment letters for panies pare the distribution to the distribution for two other proposed changes in accounting rules: SFAS123 (regarding Stock Options) and SFAS141/142 (regarding Goodwill). The objective here is to test top management involvement with the lobbying effort (H4). Following the
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