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    政大機構典藏 > 商學院 > 財務管理學系 > 學位論文 >  Item 140.119/36695


    請使用永久網址來引用或連結此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/36695


    題名: Determinatives of Banks’ Loan Loss Provisions:A Cross-Country Comparison
    作者: 吳婉菁
    Wu ,Wan-Ching
    貢獻者: 張元晨教授
    吳婉菁
    Wu ,Wan-Ching
    關鍵詞: Loan Loss Provisions
    日期: 2004
    上傳時間: 2009-09-18 19:18:41 (UTC+8)
    摘要: Abstract
    This paper investigates the determinatives of loan loss provisions by using U.S., Asian and European banks data. The purpose of this paper is to do a cross-country comparison of bank managers’ choices for capital, earnings management and signaling effects. Our results show that capital management plays an important role for loan loss provisions in these three regions. Our results also show that earnings smoothing are important determinatives for U.S. and European banks’ loan loss provisions. Additionally, we find that loan loss provisions are positively related to future earnings changes in U.S. banks which supports the hypothesis of signaling effects.
    In a separate section, we examine ownership structure’s influences on banks’ choices of loan loss provisions. We find that capital and earnings management can be seen in U.S. banks with diffused or concentrated ownership. We also find that earning management play an important role for loan loss provisions in Asian banks with diffused or concentrated ownership, however, capital management is not apparent for banks with concentrated ownership. In addition, our results show that capital management plays an important role for loan loss provisions in European banks with diffused or concentrated ownership, but earnings management can not be found in banks with concentrated ownership.
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    [3] Ahmed, A.S., Takeda, C., and Thomas S. (1999), “Bank loan Loss Provisions: A
    Reexamination of Capital Management, Earnings Management and Signaling
    Effects”, Journal of Accounting and Economics 28, 1-25.
    [4] Beatty, A., Chamberlain, S., and Magliolo, J., (1995), “Managing Financial Reports of Commercial Banks: the Influence of Taxes, Regulatory Capital and Earnings”, Journal of Accounting Research 33(2), 231-262.
    [5] Beatty, A., Ke, B., and Petroni K. R., (1999), “Differential earnings management to avoid earnings declines and losses across publicly and privately-held banks”, The Accounting review 77, 547-570
    [6] Beaver, W. H., and Engel, E., (1996), “Discretionary behavior with respect to allowances for loan losses and the behavior of security prices”, Journal of Accounting &Economics 22, 177-206.
    [7] Bikker, M., (2004). “Bank provisioning behaviour and procyclicality.” Journal of international financial markets institutions and money, 1-17
    [8] Burgstahler, D., and Dichev, I., (1997), “Earnings management to avoid earnings decreases and losses”, Journal of Accounting and Economics 24, 99-126
    [9] Caprio, G., Jr and Levine, R., (2002), “Corporate governance of banks: concepts and international observations.” Paper presented in the Global corporate governance forum research network meeting, 1-30
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    [15] Iftekhar, H., and Larry, D. W., (2003), “Determinants of the loan loss allowance: some cross-country comparisons.” Discussion paper of Bank of Finland, 1-26
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    [18] Laeven, L., Majnoni, G., (2003), “Loan loss provisioning and economic slowdowns: too much, too late? “ Journal of Financial Intermediation 12, 178–197.
    [19] Larry, D.W., and Timothy, W.K., (2000), “Bank Loan-Loss Accounting: A Review of Theoretical and Empirical Evidence”, Economic Review, Federal Reserve Bank of Atlanta.
    [20] Liu, C.C., and Ryan, S. G., (1995), “The effect of bank loan portfolio composition on the market reaction to and anticipation of loan loss provisions”, Journal of Accounting Research 33, 77-94.
    [21] Moyer, S.E., (1990), Capital adequacy ratio regulations and accounting choices in commercial banks, Journal of Accounting & Economics 13, 123-154.
    [22] Prescott, (2001), “Regulating bank capital structure to control risk”, Economic Quarterly- Federal Reserve Bank of Richmond, 35-52
    [23] Wahlen, J.M., (1994), “The nature of information in commercial bank loan loss disclosures” The Accounting Review 69, 455-478
    [24] Warfield, T.D., Wild, J.J., and Wild, K.L. (1995), “Managerial ownership, accounting choices, and informativeness of earnings”, Journal of Accounting and Economics 20, 61-91.
    描述: 碩士
    國立政治大學
    財務管理研究所
    92357027
    93
    資料來源: http://thesis.lib.nccu.edu.tw/record/#G0923570271
    資料類型: thesis
    顯示於類別:[財務管理學系] 學位論文

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