Beltratti, Andrea; Spear, Nasser; Szabo, Mark Daniel - In: The International Journal of Accounting 48 (2013) 4, pp. 467-494
This study examines the value relevance and timeliness of write-downs reported by North American and European banks during the financial crisis of 2007–2009. Our study extends Vyas (2011), considering the association between write-downs and stock returns to evaluate the performance of fair...
