universal bank with investment banking and commercial banking activities. We run simulations for different strategies (fully … IAS a fully hedged bank can portray its zero economic earnings in its financial statements. As Old IAS offer much … discretion, this bank may also present income that is either positive or negative. We further show that because of the …

benefits, return reactions are muted if the reclassification helps a bank avoid regulatory capital reductions. In contrast, the …

the explicit inclusion of volatile fair value estimates in regulatory bank capital adequacy assessments. I do not, however … to a bank's external stakeholders about its financial position and performance. I also show that higher fair value … volatility of investment securities, lower bank capital, and larger AFS security holdings increase banks' marginal contribution …

observe provisioning practices before and after disclosure becomes mandatory. Our findings suggest that bank managers use loan … pressure and highlights the role of depositors and public pressure in the monitoring of bank managers. We exploit cross …

the explicit inclusion of volatile fair value estimates in regulatory bank capital adequacy assessments. I do not, however … to a bank's external stakeholders about its financial position and performance. I also show that higher fair value … volatility of investment securities, lower bank capital, and larger AFS security holdings increase banks' marginal contribution …

additional tests, we document that religiosity greatly increases the information value of bank earnings, with both earnings …

contract terms of bank loans in a global setting. Using a difference-in-differences design based on 26,474 bank loans in 31 …

This study investigates bank income smoothing, focusing on the effect of corruption on the extent of income smoothing …. Finally, cross-country variation in bank income smoothing is observed. The findings have implications …

We expect that private firms choose a close relationship with a bank – often based on private information – in order to … save on direct or proprietary costs of disclosure. For a large sample of bank relationships in 12 European countries, we … find evidence that close bank relationships are associated with lower earnings quality as measured by higher absolute …