Fair Value Accounting and Earnings Persistence: Evidence from International Banks
نویسندگان
چکیده
منابع مشابه
Banks’ Voluntary Adoption of Fair Value Accounting and Interbank Competition∗
We study the role of interbank competition in shaping banks’ incentives to use fair-value accounting voluntarily and the impact of fair-value discretion on banks’ competing strategies. We find that allowing banks discretion to use fair-value accounting may give rise to multiple equilibria in situations where the equilibrium would be otherwise unique. When the profitability in the banking indust...
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ژورنال
عنوان ژورنال: Journal of International Accounting Research
سال: 2017
ISSN: 1558-8025,1542-6297
DOI: 10.2308/jiar-51983