Do Loan Loss Reserves Behave like Capital? Evidence from Recent Bank Failures
نویسندگان
چکیده
منابع مشابه
Do Loan Loss Reserves Behave like Capital? Evidence from Recent Bank Failures
Regulatory capital guidelines allow for loan loss reserves to be added back as capital. The evidence in this paper suggests that the influence of loan loss reserves added back as regulatory capital (hereafter referred to as “add-backs”) on bank risk cannot be explained by either economic principles underlying the notion of capital, or accounting principles underlying the recording of reserves. ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.1646928