Please use this identifier to cite or link to this item:
The Market Pricing of the Timeliness of Bank Loan Loss Recognition
There are no files associated with this item.
|Title:||The Market Pricing of the Timeliness of Bank Loan Loss Recognition|
|Authors:||Kim, Young Jun|
Timeliness of loan loss recognition
Loan loss provisions
|Abstract:||This study examines how the stock market prices US banks timeliness of loan loss recognition. Our findings are summarized as follows. First, we find that the market overprices banks with less timely loan loss recognition, whereas it underprices banks with more timely loan loss recognitioin. Second, the magnitude of such mispricing is more pronounced during economic recessions. Our findings indicate that variations in the timeliness of banks' loan loss recognition make it diffidcult for investors to value bank stocks, in particular during recissions.|
|Description:||Inquiries about this document can be made to HARC@hawaii.edu|
|Appears in Collections:||17 Other Research Topics (OTHERS)|
Please contact email@example.com if you need this content in an ADA compliant alternative format.
Items in ScholarSpace are protected by copyright, with all rights reserved, unless otherwise indicated.