We examine how auditor reputation conditions the market valuation of banks' loan loss provision (LLP). The inherent … bank managers and investors and enhancing the informational value of discretionary loan loss provision …

This paper examines the asset pricing implication of loan loss provisions (LLP). LLP is a bank's dominant accrual and a …

Accounting for credit losses under U.S. GAAP will soon transition from an incurred to an expected loss model. The new … expected loss model was motivated by concerns that reporting only incurred losses does not provide investors with sufficient … those that will be required under the new expected loss model. Using this measure, I find that unrecognized expected credit …

Accounting for credit losses under U.S. GAAP is transitioning from an incurred to an expected loss model. The model … to examine whether stock prices reflect information about unrecognized expected credit losses in an incurred loss regime … with concerns that implementing the expected loss model will adversely impact regulatory capital adequacy …