. Contrary to the commonly held view, fair value accounting did not have a major impact on the crisis development and severity …-to-Market ; Fair-Value Accounting ; Credit Rating Agencies ; Financial Crisis ; Regulation ; Financial Institutions ; Banks …

This paper is concerned with the allegation that fair value accounting rules have contributed significantly to the … positions. Two of the most prominent bank failures cannot, at first sight, be attributed to fair value accounting: we show that … augmented by empirical tests that suggest that mark-to-market accounting does not increase the perceived bankruptcy risk of …

EU politicians pressured the IASB to change the accounting rules for financial assets at the peak of the financial … reclassifications as a substitute to other discretionary but less visible accounting choices that have a similar impact on regulatory …

We study the effects of country-level accounting enforcement on earnings quality of banks and whether bank regulation … substitutes or complements the effect of accounting enforcement on bank earnings quality. We also examine whether the influence of … accounting enforcement on bank earnings quality changed after the global financial crisis. Using a sample of listed banks from 40 …

Regulators frequently relax accounting rules during a financial crisis as a means of regulatory forbearance. The new … accounting options provide banks with an opportunity for an accrual-based increase in their regulatory capital. The use of such … an accounting option helps reduce the costs of government interventions such as bailouts and avoid the dilution of …

This paper analyzes troubled banks' use of accounting discretion and its interaction with regulatory intervention in a …