Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 452
Book Description
Dissertation Abstracts International
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 452
Book Description
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 452
Book Description
Capital Market Working Papers
Author:
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 300
Book Description
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 300
Book Description
Directory of Dissertations in Accounting
Author: J. David Spiceland
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
Book Description
American Doctoral Dissertations
Author:
Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 540
Book Description
Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 540
Book Description
The Expectation Gap Standards
Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 286
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 286
Book Description
Comprehensive Dissertation Index
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 984
Book Description
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 984
Book Description
Accounting discretion of banks during a financial crisis
Author: Mr.Luc Laeven
Publisher: International Monetary Fund
ISBN: 1451873549
Category : Business & Economics
Languages : en
Pages : 43
Book Description
This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to mortgage-backed securities also react favorably to recent changes in accounting rules that relax fair-value accounting, and these banks provision less for bad loans. Furthermore, distressed banks use discretion in the classification of mortgage-backed securities to inflate their books. Our results indicate that banks' balance sheets offer a distorted view of the financial health of the banks.
Publisher: International Monetary Fund
ISBN: 1451873549
Category : Business & Economics
Languages : en
Pages : 43
Book Description
This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to mortgage-backed securities also react favorably to recent changes in accounting rules that relax fair-value accounting, and these banks provision less for bad loans. Furthermore, distressed banks use discretion in the classification of mortgage-backed securities to inflate their books. Our results indicate that banks' balance sheets offer a distorted view of the financial health of the banks.
Losing the Excess Baggage
Author:
Publisher:
ISBN: 9781904574828
Category : Financial statements
Languages : en
Pages : 137
Book Description
Publisher:
ISBN: 9781904574828
Category : Financial statements
Languages : en
Pages : 137
Book Description
Comprehensive Dissertation Index: Business & Economics A-K
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 808
Book Description
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 808
Book Description
Comprehensive Dissertation Index: Business & Economics L-Z
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 794
Book Description
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 794
Book Description