Discretionary loan loss provision behavior in the US banking industry
Sign Up to like & getrecommendations! Published in 2019 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-019-00854-z
Abstract: Earnings management can be opportunistic and add noise to earnings, or informative about a firm’s underlying economic performance and add information to financial reports. Our study examines earnings management in banks with different levels of… read more here.
Keywords: management; earnings management; private banks; discretionary loan ... See more keywords
The rise of a network: Spillover of political patronage and cronyism to the private sector
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2021.09.014
Abstract: Abstract We document that networks that gain access to political power and use it for patronage appointments also gain control over resource allocation in the private sector. Specifically, following a presidential election in Korea, the… read more here.
Keywords: network; patronage; private sector; government private ... See more keywords