Delayed Expected Loss Recognition and the Risk Profile of Banks: delayed loss recognition and the risk profile of banks

By Robert M. Bushman, Christopher D. Williams. 2015

232 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/31e4b1b62ea4de3e8577f187ecc79d8ab3218315

Citations in the corpus

• The Interaction of the IFRS 9 Expected Loss Approach with Supervisory Rules and Implications for Financial Stability (2016, unknown): “In addition, market disciplining mechanisms are hampered, because markets are informed about losses only with a delay, which can further exacerbate financing frictions in a downturn (Bushman & Williams, 2015).”
• Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis (2021, unknown): “30 Consistent with our argument and the existence of discretion, substantial cross-sectional variation exists in the timeliness of loan loss provisions (e.g., Beatty and Liao, 2011; Bushman and Williams, 2015; Gallemore, 2018).”
• Evidence-based policymaking: promise, challenges and opportunities for accounting and financial markets research** (2018, unknown): “Again, there is nascent research on these topics (e.g. Bushman and Williams 2015, Domikowsky et al. 2017, Granja 2018), but currently we are not able to answer these important policy questions.”
• Policy uncertainty and loan loss provisions in the banking industry (2020, unknown): “…+ 𝛽𝛽3Δ𝑁𝑁𝐿𝐿𝐿𝐿𝑖𝑖,𝑡𝑡−2 + 𝛽𝛽4Δ𝑁𝑁𝐿𝐿𝐿𝐿𝑖𝑖,𝑡𝑡−1 + 𝛽𝛽5Δ𝑁𝑁𝐿𝐿𝐿𝐿𝑖𝑖,𝑡𝑡 + 𝛽𝛽6Δ𝑁𝑁𝐿𝐿𝐿𝐿𝑖𝑖,𝑡𝑡+1 + 𝛽𝛽7𝑆𝑆𝐼𝐼𝑆𝑆𝑆𝑆𝑖𝑖,𝑡𝑡−1 + 𝛽𝛽8Δ𝐿𝐿𝐿𝐿𝐿𝐿𝑁𝑁𝑖𝑖,𝑡𝑡 + 𝛽𝛽9𝑆𝑆𝐸𝐸𝐿𝐿𝑖𝑖,𝑡𝑡 + 𝛽𝛽10𝐶𝐶𝐿𝐿𝑖𝑖,𝑡𝑡 +…”