This paper analyzes the effect of the timeliness of loan loss provisioning on bank opacity, as measured by stock market micro-structure properties. The key finding of the empirical analysis is that before the 2007-09 financial crisis the timeliness of provisioning has limited effect on bank opacity, while during the crisis more timely provisions are associated with greater transparency.
|Titolo tradotto del contributo
|[Autom. eng. transl.] TIMELINESS OF THE DEDUCTION OF CREDITS AND OPACITY OF THE BANKS
|Numero di pagine
|RIVISTA DEI DOTTORI COMMERCIALISTI
|Stato di pubblicazione
|Pubblicato - 2014
- svalutazione crediti