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The Effect of Covid-19 on Loan Loss Provisions and Earnings Management of European Banks
Engelsk Paperback
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The Effect of Covid-19 on Loan Loss Provisions and Earnings Management of European Banks

Engelsk Paperback

679 kr
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Om denne bog
This book examines the effect of Covid-19 on loan loss provisions (LLPs) and earnings management of European banks. Specifically, the author analyzes how the high flexibility offered by prudential authorities and standard setters in the context of Covid-19 affects banks'' use of discretion when accounting for loan loss provisions. She finds that during Covid-19 banks use discretionary LLPs to a greater extent than before Covid-19. This trend is more evident for banks located in countries that have implemented strong containment measures as a response to the Covid-19 pandemic. Moreover, while banks tend to overstate LLPs at the beginning of the pandemic, they do, on average, understate them during 2021. Finally, examining the direction of earnings management the author finds that during Covid-19 banks use upward earnings management, whereas before Covid-19 they engage in downward earnings management.
Product detaljer
Sprog:
Engelsk
Sider:
57
ISBN-13:
9783658400590
Indbinding:
Paperback
Udgave:
ISBN-10:
3658400595
Kategori:
Udg. Dato:
13 jan 2023
Længde:
0mm
Bredde:
148mm
Højde:
210mm
Forlag:
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Oplagsdato:
13 jan 2023
Forfatter(e):
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