Assessing the impact of fair value upon financial crises

By R. Boyer. 2007

117 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/4039ef2bd3d258623d474037ca35818c26990cd6

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Juan Pablo Painceira
2. Annina Kaltenbrunner
3. Dirk Bezemer
4. P. J. Arnold
5. Ying Zhang
6. J. Andrew

In Finance

1. Dirk Bezemer
2. Juan Pablo Painceira
3. Annina Kaltenbrunner
4. P. J. Arnold
5. Ying Zhang
6. J. Andrew

Citations in the corpus

• Global financial crisis: The challenge to accounting research (2009, background): “Critics charge that fair value accounting first contributed to excessive credit expansion and then exacerbated the downturn by encouraging pro-cyclical risk taking (Boyer, 2007).”
• No one saw this coming. Understanding financial crisis through accounting models (2009, background): “…the wake of the credit crisis in the accountants and auditors community has been to reexamine accounting regulations such as ‘fair-value’ accounting (Boyer, 2007; Laux and Leuz 2009), mark-to-market accounting, lax auditing practices, and the like; or to ask how accounting models can reflect what…”
• The political economy of financial harmonization: The East Asian financial crisis and the rise of international accounting standards (2012, background): “4 Although the terminology is my own, the blending of institutional analysis and political economy is not a new concept; it is prominent in the work of economic sociologists, especially within the French regulation school (Aglietta, 1976; Boyer, 1990, 2007).”
• Understanding financial crisis through accounting models (2010, background): “…community, the dominant response in the wake of the credit crisis has been to re-examine accounting regulations such as ‘fair-value’ accounting (Boyer, 2007; Laux and Leuz, in press), mark-to-market accounting, lax auditing practices, and the like; or to ask how accounting models can reflect…”
• Financialisation and the Conceptual Framework (2014, background): “…we argue that the movement towards neoliberalism and the financialisation of the global economy has been lubricated and legitimised, in part through the adoption of global accounting regulations (Boyer, 2007; Hopwood, 2009; McSweeney, 2009; Newberry and Robb, 2008; Roberts and Jones, 2009).”
• Subordinated Financial Integration and Financialisation in Emerging Capitalist Economies: The Brazilian Experience (2018, background): “This implication echoes older arguments that financial disintermediation (i.e. the move from bank to capital-market financing) will exacerbate the unevenness of credit and lead to heightened dynamics of inclusion and exclusion (French and Leyshon 2004, Boyer 2007, Rethel 2010).”