MARC details
| 000 -LEADER |
|---|
| fixed length control field |
02312nam a22002777a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
|---|
| control field |
ZW-GwMSU |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
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| control field |
20240404123359.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
240404b |||||||| |||| 00| 0 eng d |
| 022 ## - INTERNATIONAL STANDARD SERIAL NUMBER |
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| International Standard Serial Number |
0148558X |
| 040 ## - CATALOGING SOURCE |
|---|
| Original cataloging agency |
MSU |
| Language of cataloging |
English |
| Transcribing agency |
MSU |
| Description conventions |
rda |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER |
|---|
| Classification number |
HF5601 JOU |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Paananen, Mari |
| Relator term |
author |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
The amendment of IAS 39: |
| Remainder of title |
determinants of reclassification behavior and capital market consequences/ |
| Statement of responsibility, etc. |
created by Mari Paananen, Annelies Renders, and Kim M. Shima |
| 264 1# - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
|---|
| Place of production, publication, distribution, manufacture |
Thousand Oaks: |
| Name of producer, publisher, distributor, manufacturer |
Sage, |
| Date of production, publication, distribution, manufacture, or copyright notice |
2012. |
| 336 ## - CONTENT TYPE |
|---|
| Source |
rdacontent |
| Content type term |
text |
| Content type code |
txt |
| 337 ## - MEDIA TYPE |
|---|
| Source |
rdamedia |
| Media type term |
unmediated |
| Media type code |
n |
| 338 ## - CARRIER TYPE |
|---|
| Source |
rdacarrier |
| Carrier type term |
volume |
| Carrier type code |
nc |
| 440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE |
|---|
| Title |
Journal of accounting, auditing and finance |
| Volume/sequential designation |
Volume 27, number 2 |
| 520 3# - SUMMARY, ETC. |
|---|
| Summary, etc. |
This study examines the determinants of banks’ decision to reclassify financial assets under the amendment of International Accounting Standard (IAS) 39 and the capital market consequences of these reclassifications. Based on the prior literature, the authors identify two possible drivers of banks’ reclassification behavior, namely, solvency concerns and exposure to financial markets. The authors expect these reclassifications to adversely affect the market pricing of banks’ accounting numbers. The results of this study show that capital adequacy ratios close to the minimum requirement are indeed associated with banks’ decisions to reclassify financial assets. Furthermore, the authors find evidence that the level of exposure to fair value measurement also increases the probability to reclassify. In the second part of the analyses, they use a difference-in-differences approach to test the market’s pricing of bank’s accounting numbers around the time of reclassification. They observe that for reclassifying banks, investors rely less on earnings and book value of equity after the reclassifications than before. However, before the amendment of IAS 39, the authors find no difference in investors’ pricing of the accounting numbers of a control group of non-reclassifying banks and those of the reclassifying banks. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Reclassification behavior |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Capital markets |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Renders, Annelies |
| Relator term |
co author |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Shima, Kim M. |
| Relator term |
co author |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Uniform Resource Identifier |
https://doi.org/10.1177/0148558X11409151 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Library of Congress Classification |
| Koha item type |
Journal Article |