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I examine whether bank regulators and external auditors have conflicting effects on loan loss provision timeliness, an accounting choice associated with important economic consequences and a potential conflict between regulators and auditors. In the absence of the other group, auditors and...
Persistent link: https://www.econbiz.de/10012933455
Current theories of financial regulation suggest expanding rules-based formal state intervention to promote …-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation … regulation, drawing on unused primary sources: Coalitions between the German regulating and regulated actors were bolstered by a …
Persistent link: https://www.econbiz.de/10014436557
We investigate the economic consequences of the implementation of a particular aspect of Basel III in the U.S. Specifically, the Basel III proposal and the corresponding U.S. rule (hereafter referred to as the removal of the AOCI filter) to make the inclusion of unrealized fair value gains and...
Persistent link: https://www.econbiz.de/10010429138
that have different objectives. Therefore, I investigate the legitimacy of prudential regulation based on the capital … the prudential regulator reacts to shortcomings to ensure a higher degree of legitimacy in prudential banking Regulation …
Persistent link: https://www.econbiz.de/10012899026
To calculate regulatory capital ratios, banks have to apply adjustments to book equity. These adjustments vary with a bank's solvency position: Low solvency banks report values of Tier 1 regulatory capital that exceed book equity. These banks benefit from regulatory adjustments to inflate...
Persistent link: https://www.econbiz.de/10013063353
We investigate how provisioning models affect bank regulation. We study an accuracy vs. timeliness trade-off between an …
Persistent link: https://www.econbiz.de/10012843474
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whether, when, and how firms respond to proposed regulation. We find evidence to suggest that the affected banks not only … models prior to rule makers finalizing the regulation. Further, our results indicate a sequential response, with banks … political choices in response to proposed regulation, and indicate that the appropriate date for an event study may be the …
Persistent link: https://www.econbiz.de/10012856871
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