Effects of informal institutions on the relationship between accounting measures of risk and bank distress

• Main Authors: KANAGARETNAM, Kiridaran, LEE, Jimmy, LIM, Chee Yeow, LOBO, Gerald J.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: Informal institutions; Accounting-based risk measures; Trust; Religion; Media; Bank failure; Bank financial trouble; Financial crisis; Accounting; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research/1647; https://ink.library.smu.edu.sg/context/soa_research/article/2674/viewcontent/AccountingMeasuresRiskBankDistress_2017.pdf
• Institution: Singapore Management University

We investigate the effects of informal institutions (trust, religiosity and the media) on the relationship between accounting-based risk measures and bank distress. We conduct our analysis in two stages. In the first stage, we extend the prior literature by documenting a link between accounting-base...