Standard

Accounting standards and banking regulation : Some effects of divergence. / Downing, Jeff.

в: Research in International Business and Finance, Том 47, 01.2019, стр. 386-397.

Результаты исследований: Научные публикации в периодических изданиях › статья › Рецензирование

Harvard

Downing, J 2019, 'Accounting standards and banking regulation: Some effects of divergence', Research in International Business and Finance, Том. 47, стр. 386-397. https://doi.org/10.1016/j.ribaf.2018.08.011

APA

Downing, J. (2019). Accounting standards and banking regulation: Some effects of divergence. Research in International Business and Finance, 47, 386-397. https://doi.org/10.1016/j.ribaf.2018.08.011

Vancouver

Downing J. Accounting standards and banking regulation: Some effects of divergence. Research in International Business and Finance. 2019 Янв.;47:386-397. https://doi.org/10.1016/j.ribaf.2018.08.011

Author

Downing, Jeff. / Accounting standards and banking regulation : Some effects of divergence. в: Research in International Business and Finance. 2019 ; Том 47. стр. 386-397.

BibTeX

@article{479d4b8401fa441d92a261d9b06819bd,
title = "Accounting standards and banking regulation: Some effects of divergence",
abstract = "This paper examines the impact of divergence between accounting standards and banking regulation – for example, when banks{\textquoteright} assets are marked-to-market for regulatory purposes but not for accounting purposes. I build a model that examines divergence in connection with risk-management by banks. The model shows that divergence results in a risk-management trade-off – using derivatives to hedge has regulatory benefits but accounting costs, or vice versa. Banks thus hedge to a lesser extent. Hence, a negative shock is more likely to make banks insolvent. More generally, the model identifies a mechanism by which divergence can have undesirable “real effects.”",
keywords = "Accounting standards, Banking regulation, Banks, Derivatives, Risk-management",
author = "Jeff Downing",
note = "Downing, J. Accounting standards and banking regulation: Some effects of divergence / J. Downing // Research in International Business and Finance. - 2019. - Volume 47. - P. 386-397. Publisher Copyright: {\textcopyright} 2018 Elsevier B.V.",
year = "2019",
month = jan,
doi = "10.1016/j.ribaf.2018.08.011",
language = "English",
volume = "47",
pages = "386--397",
journal = "Research in International Business and Finance",
issn = "0275-5319",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Accounting standards and banking regulation

T2 - Some effects of divergence

AU - Downing, Jeff

N1 - Downing, J. Accounting standards and banking regulation: Some effects of divergence / J. Downing // Research in International Business and Finance. - 2019. - Volume 47. - P. 386-397. Publisher Copyright: © 2018 Elsevier B.V.

PY - 2019/1

Y1 - 2019/1

N2 - This paper examines the impact of divergence between accounting standards and banking regulation – for example, when banks’ assets are marked-to-market for regulatory purposes but not for accounting purposes. I build a model that examines divergence in connection with risk-management by banks. The model shows that divergence results in a risk-management trade-off – using derivatives to hedge has regulatory benefits but accounting costs, or vice versa. Banks thus hedge to a lesser extent. Hence, a negative shock is more likely to make banks insolvent. More generally, the model identifies a mechanism by which divergence can have undesirable “real effects.”

AB - This paper examines the impact of divergence between accounting standards and banking regulation – for example, when banks’ assets are marked-to-market for regulatory purposes but not for accounting purposes. I build a model that examines divergence in connection with risk-management by banks. The model shows that divergence results in a risk-management trade-off – using derivatives to hedge has regulatory benefits but accounting costs, or vice versa. Banks thus hedge to a lesser extent. Hence, a negative shock is more likely to make banks insolvent. More generally, the model identifies a mechanism by which divergence can have undesirable “real effects.”

KW - Accounting standards

KW - Banking regulation

KW - Banks

KW - Derivatives

KW - Risk-management

UR - http://www.scopus.com/inward/record.url?scp=85053038235&partnerID=8YFLogxK

U2 - 10.1016/j.ribaf.2018.08.011

DO - 10.1016/j.ribaf.2018.08.011

M3 - Article

AN - SCOPUS:85053038235

VL - 47

SP - 386

EP - 397

JO - Research in International Business and Finance

JF - Research in International Business and Finance

SN - 0275-5319

ER -

ID: 100576949