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Market Pricing of Banks’ Fair Value Assets Reported under Sfas 157 During the 2008 Economic Crisis
16 references·16 citing·44 second hopsampled
Market Pricing of Banks’ Fair Value Assets Reported under Sfas 157 During the 2008 Economic Crisis (2009)Market Pricing of Banks’ Fair Value Asset…Value Relevance of FAS No. 157 Fair Value Hierarchy Information and the Impact of Corporate Governance Mechanisms (2010)Value Relevance of FAS No. 15…The Economics of Structured Finance (2009)The Economics of Structured F…Marking‐to‐Market: Panacea or Pandora's Box? (2008)Marking‐to‐Market: Panacea or…Ambiguity, Information Quality, and Asset Pricing (2008)Ambiguity, Information Qualit…The economic implications of corporate financial reporting (2005)The economic implications of …Information and the Cost of Capital (2004)Information and the Cost of C…Rating Banks: Risk and Uncertainty in an Opaque Industry (2002)Rating Banks: Risk and Uncert…Liquidity Shortages and Banking Crises (2002)Liquidity Shortages and Banki…Is Information Risk a Determinant of Asset Returns? (2002)Is Information Risk a Determi…The relevance of the value-relevance literature for financial accounting standard setting (2001)The relevance of the value-re…The relevance of the value relevance literature for financial accounting standard setting: another view (2001)The relevance of the value re…Private and Public Supply of Liquidity (1998)Private and Public Supply of …Auditor brand name reputations and industry specializations (1995)Auditor brand name reputation…Disclosure, Liquidity, and the Cost of Capital (1991)Disclosure, Liquidity, and th…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…Auditor size and audit quality (1981)Auditor size and audit qualityThe association between earnings quality and the cost of equity capital: Evidence from the UK (2016)The association between earni…Conditionally conservative fair value measurements (2016)Conditionally conservative fa…Banking business models and the nature of financial crisis (2016)Banking business models and t…Value-relevance of Earnings and Book Value Over the Institutional Transition in China: The Suitability of Fair Value Accounting in This Emerging Market (2015)Value-relevance of Earnings a…The political economy of fair value reporting and the governance of the standards-setting process: Critical issues and pitfalls from a continental European union perspective (2014)The political economy of fair…Stock Prices and Earnings: A History of Research (2014)Stock Prices and Earnings: A …Who's the Fairest of Them All? Evidence from Closed-End Funds (2013)Who's the Fairest of Them All…Private Equity Fair Value Measurement: A Critical Perspective on IFRS 13 (2013)Private Equity Fair Value Mea…Information asymmetry of fair value accounting during the financial crisis (2013)Information asymmetry of fair…IAS/IFRS and Financial Reporting Quality: Lessons from the European Experience (2013)IAS/IFRS and Financial Report…Crisis-Related Shifts in the Market Valuation of Banking Activities (2013)Crisis-Related Shifts in the …Fair Value Accounting and the Financial Crisis: Messenger or Contributor?* (2009)Fair Value Accounting and the…Fair Value Accounting and the Financial Crisis: Messenger or Contributor? (2009)Fair Value Accounting and the…Did Fair-Value Accounting Contribute to the Financial Crisis? (2009)Did Fair-Value Accounting Con…Did Fair-Value Accounting Contribute to the Financial Crisis? (2009)Did Fair-Value Accounting Con…Bank Valuation and Regulatory Forbearance During a Financial Crisis (2009)Bank Valuation and Regulatory…The Nature of the Firm (1937)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Pricing of Audit Services: Theory and Evidence (1980)Agency Problems and Residual Claims (1983)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)The Effect of Audit Quality on Earnings Management* (1998)Separation of Ownership and Control (1983)Positive Accounting Theory (1985)The Role of Big 6 Auditors in the Credible Reporting of Accruals (1999)Do Non–Audit Service Fees Impair Auditor Independence? Evidence from Going Concern Audit Opinions (2002)Auditor Industry Specialization and Earnings Quality (2003)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Financial Intermediation and Delegated Monitoring (1984)Financial Contagion (2000)Market Liquidity and Funding Liquidity (2008)A Monetary History of the United States, 1867-1960 (2017)Earnings Management During Import Relief Investigations (1991)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The theory and practice of corporate finance: evidence from the field (2001)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Earnings management to avoid earnings decreases and losses (1997)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Conservatism in Accounting Part I: Explanations and Implications (2003)The financial reporting environment: Review of the recent literature (2010)Debt Maturity Structure and Liquidity Risk (1991)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Default and Renegotiation: A Dynamic Model of Debt (1998)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Risk, Return, and Equilibrium: Empirical Tests (1973)Continuous Auctions and Insider Trading (1985)The Cross-Section of Expected Stock Returns (1992)High idiosyncratic volatility and low returns: International and further U.S. evidence (2008)Media Coverage and the Cross‐section of Stock Returns (2009)… and the Cross-Section of Expected Returns (2015)An Empirical Evaluation of Accounting Income Numbers (1968)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Costs of Equity and Earnings Attributes (2004)International Accounting Standards and Accounting Quality (2008)Common risk factors in the returns on stocks and bonds (1993)Information Uncertainty and Stock Returns (2006)Liquidity and Asset Prices (2006)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)
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References

  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 2005The economic implications of corporate financial reporting6,337 cited
  • 1981Auditor size and audit quality5,862 cited
  • 1991Disclosure, Liquidity, and the Cost of Capital3,828 cited
  • 2004Information and the Cost of Capital3,057 cited
  • 2001The relevance of the value relevance literature for financial accounting standard setting: another view1,961 cited
  • 2002Is Information Risk a Determinant of Asset Returns?1,862 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2001The relevance of the value-relevance literature for financial accounting standard setting1,741 cited
  • 1995Auditor brand name reputations and industry specializations1,482 cited
  • 2002Rating Banks: Risk and Uncertainty in an Opaque Industry1,244 cited
  • 2002Liquidity Shortages and Banking Crises877 cited
  • 2008Ambiguity, Information Quality, and Asset Pricing831 cited
  • 2009The Economics of Structured Finance750 cited
  • 2008Marking‐to‐Market: Panacea or Pandora's Box?604 cited
  • 2010Value Relevance of FAS No. 157 Fair Value Hierarchy Information and the Impact of Corporate Governance Mechanisms

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513 cited

Cited by

  • 2016The association between earnings quality and the cost of equity capital: Evidence from the UK88 cited
  • 2009Fair Value Accounting and the Financial Crisis: Messenger or Contributor?*85 cited
  • 2009Did Fair-Value Accounting Contribute to the Financial Crisis?72 cited
  • 2016Banking business models and the nature of financial crisis70 cited
  • 2013Who's the Fairest of Them All? Evidence from Closed-End Funds61 cited
  • 2016Conditionally conservative fair value measurements60 cited
  • 2009Did Fair-Value Accounting Contribute to the Financial Crisis?57 cited
  • 2014Stock Prices and Earnings: A History of Research55 cited
  • 2013Crisis-Related Shifts in the Market Valuation of Banking Activities48 cited
  • 2015Value-relevance of Earnings and Book Value Over the Institutional Transition in China: The Suitability of Fair Value Accounting in This Emerging Market44 cited
  • 2013Information asymmetry of fair value accounting during the financial crisis44 cited
  • 2009Bank Valuation and Regulatory Forbearance During a Financial Crisis38 cited
  • 2014The political economy of fair value reporting and the governance of the standards-setting process: Critical issues and pitfalls from a continental European union perspective37 cited
  • 2013Private Equity Fair Value Measurement: A Critical Perspective on IFRS 1335 cited
  • 2009Fair Value Accounting and the Financial Crisis: Messenger or Contributor?34 cited
  • 2013IAS/IFRS and Financial Reporting Quality: Lessons from the European Experience33 cited