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Usefulness of Interest Income Sensitivity Disclosures

Cheng, Mei - 2019

We document multiple dimensions of usefulness of banks' interest income sensitivity disclosures. First, we find management-generated sensitivity measures are predictive of future realized changes in net interest income. Second, we find financial analysts' forecasts of net interest income reflect...

Persistent link: https://www.econbiz.de/10012902341

The Effects of SFAS 157 Disclosures on Investment Decisions

Iselin, Michael - 2017

portfolios after SFAS 157. We first show that non-agency mortgage-backed securities (MBSNA) are the asset class most likely to be …

Persistent link: https://www.econbiz.de/10012970558

A Tale of Two Supervisors : Compliance with Risk Disclosure Regulation in the Banking Sector

Bischof, Jannis - 2020

This paper examines how a regulatory design with multiple supervisory agencies translates into firm-level compliance in form and substance with disclosure regulations. We exploit the fact that banks are subject to equivalent risk disclosure rules under securities laws (IFRS 7) and banking...

Persistent link: https://www.econbiz.de/10012856289

Disclosure of Stress Test Results

Berlin, Mitchell - 2015

Should regulatory bank examinations be made public? Regulators have argued that the confidentiality of the examination process promotes frank exchanges between bankers and examiners and that public disclosure of examination results could have a chilling effect. I examine the tradeoffs in a world...

Persistent link: https://www.econbiz.de/10013017634

Disclosure Regulation in the Hands of Bank Regulators

Kim, Sehwa - 2020

Using a unique setting where stand-alone banks submit filings to bank regulators instead of the SEC, we examine the consequences of disclosure regulation in the hands of bank regulators. Consistent with theory, we find that bank regulators are less concerned about transparency than the SEC. Bank...

Persistent link: https://www.econbiz.de/10012848685

Social Media Disclosure of Political Ideology

SHI, Rui; Lin, Yupeng; Zeng, Jean (Jieyin) - 2023

Corporate America is increasingly taking public stances on divisive sociopolitical issues via social media. Exploring S&P 1500 firms’ Twitter responses to the Black Lives Matter (BLM) movement following George Floyd’s death in 2020, we first document a positive association between proxies...

Persistent link: https://www.econbiz.de/10014254219

A Tale of Two Supervisors : Compliance with Risk Disclosure Regulation in the Banking Sector

Bischof, Jannis; Daske, Holger; Elfers, Ferdinand; … - 2022

We examine how the presence of multiple supervisory agencies affects firm-level compliance in form and substance with disclosure regulations. This analysis is important because coordination problems among regulators are frequently present in practice but often overlooked in academic research. We...

Persistent link: https://www.econbiz.de/10013294971

Are Level 3 fair value remeasurements useful? Evidence from ASC 820 rollforward disclosures

Fiechter, Peter; Novotny-Farkas, Zoltán; Renders, Annelies - 2021

Exploiting detailed disclosures mandated by Accounting Standard Codification (ASC) 820, we provide evidence for the return relevance of Level 3 fair value remeasurements for a comprehensive sample of U.S. listed banks. We find that Level 3 remeasurements recognized in earnings are more return...

Persistent link: https://www.econbiz.de/10013311506

The Taxonomy Regulation and its Implementation

Gortsos, Christos V.; Kyriazis, Dimitrios - 2023

The EU Taxonomy Regulation (TR), adopted in 2019, is a key milestone in defining legally sustainable activities. It should be viewed within the context of the climate and energy targets set by the EU for 2030 in order to become climate-neutral by 2050, and constitutes, along with the Sustainable...

Persistent link: https://www.econbiz.de/10014256838

Spillover Effects of State Regulated Corporate Disclosures on the Mortgage Market

Sinha, Kirti - 2019

uncertainty about property values and subsequently increases mortgage lending activity, i.e., probability of obtaining a mortgage … disclosed to further substantiate my inference that disclosures related to fracking chemicals facilitate mortgage lending … reduction in uncertainty about collateral value is the mechanism through which these disclosures affect mortgage lending. My …

Persistent link: https://www.econbiz.de/10012890110