Liao, Yi‐Ping - In: Managerial Finance 39 (2013) 2, pp. 133-154
Purpose – This study aims to empirically investigate whether the adoption of fair‐value‐accounting decreases the relevance of banks' capital adequacy ratios (CARs) in explaining insolvency risks. Additionally, how the disclosure quality affects the superiority of fair‐value‐based CARs...