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the next few months. The Bank of Italy, in line with the ECB and other national supervisors, has started a number of …
Persistent link: https://www.econbiz.de/10014354396
I exploit variation in the adoption of disclosure and supervisory regulation across U.S. states to examine their impact on the development and stability of commercial banks. The empirical results suggest that the adoption of state‐level requirements to report financial statements in local...
Persistent link: https://www.econbiz.de/10012921156
The aim of this paper is to examine what has been the role of information provision to the market throughout the crisis. We consider two main sources of information to the market, financial statements and information provided by credit rating agencies. We examine how these sources of information...
Persistent link: https://www.econbiz.de/10008934782
We use the EU stress tests and the Eurozone sovereign debt crisis to study the consequences of supervisory disclosure of banks' sovereign risk exposures. We test the idea that a mandatory one-time disclosure induces an increase in voluntary disclosures about sovereign risk in the following...
Persistent link: https://www.econbiz.de/10013076556
This is an Online Appendix to "Disclosure Regulation in the Hands of Bank Regulators", available at: "https …
Persistent link: https://www.econbiz.de/10012846466
Using a unique setting where stand-alone banks submit filings to bank regulators instead of the SEC, we examine the … consequences of disclosure regulation in the hands of bank regulators. Consistent with theory, we find that bank regulators are … less concerned about transparency than the SEC. Bank regulators' disclosure requirements are less strict and the disclosure …
Persistent link: https://www.econbiz.de/10012848685
We investigate the impact of bank disclosure regulations on local business activities by exploiting the 2005 Community … driven by the bank credit channel. Together, our findings suggest that the disclosure elimination causes negative …
Persistent link: https://www.econbiz.de/10013295794
This paper examines the linkage between financial reporting and bank capital regulation. Some recent studies focus on … significantly to the deterioration of bank capital adequacy. And its effects were much larger than those of the provision for loan … impact and establish an important stabilizer for bank capital regulation if the associated asymmetric risks can be contained …
Persistent link: https://www.econbiz.de/10013113604
consequences of US bank regulators' phased removal of the prudential filter for accumulated other comprehensive income for advanced …
Persistent link: https://www.econbiz.de/10012900636
) experienced severely negative market reactions to the restatement. These findings suggest that the uncertainty following bank …
Persistent link: https://www.econbiz.de/10012902418