کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1005909 938093 2014 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Bank accounting conservatism and bank loan pricing
ترجمه فارسی عنوان
محافظه کار بودن حسابداری بانکی و قیمت گذاری وام بانکی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
چکیده انگلیسی

This paper studies the effects of bank accounting conservatism on the pricing of syndicated bank loans. We provide evidence that banks timelier in loss recognition charge higher spreads. We go onto consider what happens to the relationship between spreads and timeliness in loss recognition during the financial crisis. During the crisis, banks timelier in loss recognition increase their spreads to a lesser extent than banks less timely in loss recognition. These findings are broadly consistent with the argument that conditional accounting conservatism serves a governance role. The policy implication is that banks timelier in loss recognition exhibit more prudent and less pro-cyclical loan pricing behaviour.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Accounting and Public Policy - Volume 33, Issue 3, May–June 2014, Pages 260–278
نویسندگان
, , , ,