Earnings Management and Value Relevance Consequences of SFAS 133: Evidence from Bank Holding Companies

• Main Authors: RANASINGHE, Tharindra, Kilic, E., Lobo, G., Sivaramakrishnan, K.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2010
• Subjects: Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/888; http://aaahq.org/AM2010/abstract.cfm?submissionID=2516
• Institution: Singapore Management University

We examine the impact of SFAS 133, Accounting for Derivative Instruments and Hedging Activities, on the reporting behavior of commercial banks and the informativeness of their financial statements. We argue that because the stricter recognition and classification requirements of SFAS 133 reduced ban...