 |
English
|
正體中文
|
简体中文
|
Post-Print筆數 : 27 |
Items with full text/Total items : 113303/144284 (79%)
Visitors : 50795212
Online Users : 322
|
|
|
Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/114723
|
| Title: | 美國銀行控股公司壞帳承認決定因素之實證研究
The Determinants of Loan Impairment Recognized by the U.S. Bank Holding Companies |
| Authors: | 劉順仁
Liu, Shuen-Zen |
| Keywords: | 放款壞帳損失;訊息發放;資本適足率管制
loan impairment;signaling;capital adequacy ratio regulations |
| Date: | 1997-03 |
| Issue Date: | 2017-11-15 14:53:34 (UTC+8) |
| Abstract: | 本文探討影響美國商業銀行經理人承認放款壞帳損失之因素。具體而言，可影響壞帳費用、壞帳沖銷之種種因素皆於本文中探討。本文首先將銀行壞帳之承認區分成權衡，性與非權衡性兩種。其中權衡性之壞帳承認指經理人依照其自身利益所承認之壞帳數量，該數量可正可負，不一定與放款品質相關;非權衡，性之壞帳承認指經理人依照適當之會計準則，考量客觀之經濟變數所應承認之壞帳數量。本文利用美國143家銀行控股公司1987 - 1990之資料，以＂似無相關迴歸＂ ( Seemingly Unrelated Regression )進行統計分析，獲得以下主要結論:(1)自有資本比率較低銀行之經理人可利用權衡性壞帳費用來告示資本市場該銀行真實之股價，並以之規避金融檢查單位對該銀行自有資本比率過低之處分。此外，當銀行該年度獲利率偏低時，經理人傾向承認較之權衡性壞帳費用，以一次出清利空消息。(2)經理人利用權衡性壞帳沖銷以調高其過低之自有資本比率。此外，銀行外聘之新任經理人傾向承認較高之權衡性壞帳沖銷。(3)就非權衡性壞帳損失而言，逾期放款之總數量與成長率為最重要之決定因素。
This paper examines how managerial incentives can affect financial report recognition of loan impairments in the U.S. banking industry. Loan impairments consist of a discretionary and a non-discretionary component. This paper first examines various factors (e.g., signaling, capital adequacy ratio regulations, cost of equity, management change, income-smoothing, and big-bath) which may influence the discretionary loan loss provision decision. Then, the discretionary loan loss charge-off decision is hypothesized to be affected by the primary capital adequacy ratio regulation, tax-saving incentives, and management change. Exogenous variables which may affect the nondiscretionary loan loss provision and loan loss charge-off decisions (e.g., local, national, and international economic conditions) are controlled by also including them in the models of the loan loss provision and loan loss charge-off. The hypotheses developed in this paper are empirically tested using the Seemingly Unrelated Regression analysis for loan impairments recognized by 143 U.S. bank holding companies in the 1987-1990 period. The results support the signaling hypothesis and the primary capital adequacy ratio regulation hypothesis; in addition, the effects of senior management change, and the big-bath incentive are found to be important. |
| Relation: | 會計評論, 30, 33-77 |
| Data Type: | article |
| DOI 連結: | http://dx.doi.org/10.6552%2fJOAR.1997.30.2 |
| DOI: | 10.6552/JOAR.1997.30.2 |
| Appears in Collections: | [會計評論] 期刊論文
|
Files in This Item:
| File |
Description |
Size | Format | |
|---|
| index.html | | 0Kb | HTML2 | 383 | View/Open |
|
All items in 政大典藏 are protected by copyright, with all rights reserved.
|
著作權政策宣告 Copyright Announcement1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.
2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(
nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(
nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
