کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5086849 1478193 2011 4 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Mark-to-market regulatory accounting when securities markets are stressed: Lessons from the financial crisis of 2007-2009
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
پیش نمایش صفحه اول مقاله
Mark-to-market regulatory accounting when securities markets are stressed: Lessons from the financial crisis of 2007-2009
چکیده انگلیسی
► Theory suggests counting some unrealized losses against bank capital may be counterproductive. ► Bhat et al. provide some of the first empirical validation of this theory. ► Banks sell into negative liquidity shocks when liquidity-based unrealized losses affect capital. ► Inefficient sales cease when banks get discretion to not count unrealized losses against capital. ► Shareholders, bondholders, and taxpayers all benefit from giving banks more discretion.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Accounting and Economics - Volume 52, Issues 2–3, November 2011, Pages 174-177
نویسندگان
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