This study examines whether the quality of borrowers' accounting information affects the accuracy and timeliness of … accounting provides better information to credit rating agencies, enabling them to develop better ratings. The discipline effect … group for the identification of the two accounting quality effects. I find that debt issuers with earnings that exhibit more …

another branch of the same bank. We show the effect depends directly on the relative balance between the hard accounting …

. 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 …