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Market reactions towards IFRS 9 pronouncements

Widmer, Severin Oliver - In: Three essays on capital market effects of accounting …, (pp. 9-50). 2017

This dissertation comprises three distinct chapters. The first chapter examines market reactions towards changing the information location of own credit risk (OCR) gains and losses on financial liabilities designated at fair value (FVOL) from net income to other comprehensive income (OCI), as...

Persistent link: https://www.econbiz.de/10011774036

The market perception of own credit risk

Widmer, Severin Oliver; Fiechter, Peter - In: Three essays on capital market effects of accounting …, (pp. 51-90). 2017

market perceives OCR gains (losses) as a negative (positive) signal for the bank’s economic performance. In addition, OCR …

Persistent link: https://www.econbiz.de/10011774039

Beyond IFRS: how firms benefit from industry-specific reporting guidance

Widmer, Severin Oliver; Halberkann, Jérôme - In: Three essays on capital market effects of accounting …, (pp. 91-142). 2017

This dissertation comprises three distinct chapters. The third chapter examines the capital market effects of standardized voluntary disclosure of industry-specific information in an ex-ante strong information environment, which is the European real estate sector. We compute three proxies...

Persistent link: https://www.econbiz.de/10011774042

“Out of Sight, Out of Mind?” Banks’ Private Information, Distance, and Relationship Length

Claessens, Stijn; Ongena, Steven; Wang, Teng - 2023

two dimensions of private information embedded in internal credit ratings: incongruity, bank’s assessment of firm risk … relative to one based on observables, and unfavorability, a worse assessment. Incongruity increases in distance and bank …

Persistent link: https://www.econbiz.de/10014258374

"If you don't know me by now ..." : banks' private information and relationship length

Claessens, Stijn; Ongena, Steven; Wang, Teng - 2024

associated with loan terms, we document that longer firm-bank relationships deepen private information often strongly nonlinear … firms, smaller, leveraged, and illiquid banks, at longer firm-bank distances, and during non-COVID times. …

Persistent link: https://www.econbiz.de/10014484197