composition per category are analysed. A specific look on the classification of equity instruments as well as potential changes in … maturity of long term investments in loans and bonds are taken. It can be shown that the equity investments usually are not … transition impact from the incurred loss to the expected loss model with a focus on the allocation of assets to the newly …

level of public finance) in weak equity-outsider markets (capital markets where public equity finance is not the dominant …

valuation. Consistent with these perceptions, we find that total assets and book value of equity, as well as variability of book …

narrower picture for further 37 countries and territories. Comprehensive PSBSs bring together all the accumulated assets and … liabilities that governments control, including public corporations, natural resources, and pension liabilities. They therefore … allow better balance sheet management, thereby potentially increasing return on assets, reducing risks and the costs of …