Discussion of ‘Moving toward the expected credit loss model under IFRS 9: Capital Transitional Arrangement and bank systematic risk'

References

• Acharya, V. V. and Ryan, S.G. 2016. Banks’ Financial Reporting and Financial System Stability. Journal of Accounting Research, 54 (2), 277–340.
   Web of Science ®Google Scholar
• Alexander, D., and Fasiello, R., 2020. Prudence and directive 34 – reality and rhetoric in accounting regulation. Accounting in Europe, 17 (3), 26–42.
   Google Scholar
• Amel-Zadeh, A., Barth, M., and Landsman, W.R., 2017. The contribution of ban regulation and fair value accounting to procyclical leverage. Review of Accounting Studies, 22 (3), 1423–1454.
   Web of Science ®Google Scholar
• Ball, R., Li, X., and Shivakumar, L., 2015. Contractibility and transparency of financial statement information prepared under IFRS: evidence from debt contracts around IFRS adoption. Journal of Accounting and Economics, 53 (5), 915–963.
   Web of Science ®Google Scholar
• Barker, R., and McGeachin, A., 2015. An analysis of concepts and evidence on the question of whether IFRS should be conservative. Abacus, 51 (2), 169–207.
   Web of Science ®Google Scholar
• Barth, M.E., and Landsman, W.E., 2010. How did financial reporting contribute to the financial crisis? European Accounting Review, 19 (3), 399–423.
   Web of Science ®Google Scholar
• Beatty, A. and Liao, S., 2011. Do delays in expected loss recognition affect banks’ willingness to lend?, Journal of Accounting and Economics, 52 (1), 1–20.
   Web of Science ®Google Scholar
• Benston, G., and Wall, G., 2005. How should banks account for loan losses? Federal Reserve Bank of Atlanta Economic Review, 90 (Q4), 19–38.
   Google Scholar
• Bischof, J., Laux, C., and Leuz, C. 2021. Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis. Journal of Financial Economics, 141 (3), 1188–1217.
   Web of Science ®Google Scholar
• Bushman, R.M., and Williams, C.D., 2012. Accounting discretion, loan loss provisioning, and discipline of banks. Journal of Accounting and Economics, 54, 1–18.
   Web of Science ®Google Scholar
• Bushman, R.M., and Williams, C.D., 2015. Delayed expected loss recognition and the risk profile of banks. Journal of Accounting Research, 53 (3), 511–553.
   Web of Science ®Google Scholar
• Costello, A.M., Granja, J. and Weber, J. 2019. Do Strict Regulators Increase the Transparency of Banks? Journal of Accounting Research, 57 (3), 603–637.
   Web of Science ®Google Scholar
• Di Fabio, C., 2020. The use of public interest arguments in the European Accounting field. Accounting in Europe, 17 (3), 334–366.
   Web of Science ®Google Scholar
• Dong, M., and Oberson, R., 2021. Moving toward the expected credit loss model under IFRS 9: Capital transitional arrangement and bank systematic risk. Accounting and Business Research. doi: 10.1080/00014788.2021.1952060.
   Web of Science ®Google Scholar
• Flannery, M.J. and Bliss, R.R. 2019. Market Discipline in Regulation: Pre and Post Crisis, in Berger A.N., Molyneux P. and Wilson J.O.S., The Oxford Handbook of Banking (3 ed.), Oxford University Press.
   Google Scholar
• García Lara, J., García Osma, B., and Penalva, F., 2009. Accounting conservatism and corporate governance. Review of Accounting Studies, 14, 161–183.
   Web of Science ®Google Scholar
• García Osma, B., Mora, A., and Porcuna, L., 2019. Prudential supervisors’ independence and income smoothing in European banks. Journal of Banking and Finance, 102 (C), 156–176.
   Web of Science ®Google Scholar
• Gebhardt, G., and Novotny-Farkas, Z., 2011. Mandatory IFRS adoption and accounting quality of European banks. Journal of Business Finance and Accounting, 38 (3-4), 289–333.
   Web of Science ®Google Scholar
• Giner B. and Mora A. 2021. Political interference in private entities' financial reporting and the public interest: evidence from the Spanish financial crisis, Accounting Auditing & Accountability Journal, 34 (7), 1581–1607.
   Web of Science ®Google Scholar
• Giner, B., Allini, A., and Zampella, A., 2020. The value relevance of risk disclosure: An analysis of the Banking sector. Accounting in Europe, 17 (2), 129–157.
   Web of Science ®Google Scholar
• Giner, B., and Mora, A., 2019. Bank loan loss accounting and its contracting effects: the new expected loss models. Accounting and Business Research, 49 (6), 726–752.
   Web of Science ®Google Scholar
• Gray, L.P. and Clarke, F.L., 2004. A methodology for calculating the allowance for loan losses in commercial banks. Abacus, 40 (3), 321–341.
   Google Scholar
• Hashim, N., Li, W., and O´Hanlon, J., 2016. Expected loss based accounting for impairment of financial instruments: the FASB ad the IASB proposals 2009-2016. Accounting in Europe, 13 (2), 229–267.
   Web of Science ®Google Scholar
• Hashim, N., Li, W., and O´Hanlon, J., 2019. Reflections on the development of the FASB’s and IASB’s expected-loss methods of accounting for credit losses. Accounting and Business Research, 49 (6), 682–725.
   Web of Science ®Google Scholar
• Hossfeld, C., Muller-Lagarde, Y., and Zevounou, L., 2020. The evolution of the European public good assessment in the EU endorsement process of IFRS. Accounting in Europe, 17 (3), 314–333.
   Web of Science ®Google Scholar
• International Financial Reporting Standards (IFRS) Foundation. 2015. Working in the Public Interest: The IFRS Foundation and the IASB. Retrieved from: https://www.ifrs.org/about-us/the-public-interest/ (accessed 20 December 2021).
   Google Scholar
• Jackson, S., and Liu, X., 2010. The allowance for uncollectible accounts, conservatism, and earnings management. Journal of Accounting Research, 48 (3), 565–601.
   Web of Science ®Google Scholar
• Jin, J., Kanagaretnam, K., and Lobo, G.J., 2018. Discretion in bank loan loss allowance, risk taking and earnings management, Accounting & Finance, 58, 171–193.
   Web of Science ®Google Scholar
• Kanagaretnam, K, Justin, J., and Lobo, G.J., 2014. Bank Accounting Conservatism, Risk Taking and Earnings Management. Working Paper. EAA congress. Tallin.
   Google Scholar
• Lim, C.Y., Lee, E., Kausar, A., and Walker, M., 2014. Bank accounting conservatism and bank loan pricing, Journal of Accounting and Public Policy, 33, 260–278.
   Web of Science ®Google Scholar
• Mora, A., and Walker, M., 2015. The implications of research on accounting conservatism for accounting standard setting. Accounting and Business Research, 45 (5), 620–650.
   Web of Science ®Google Scholar
• Nichols, D., Wahlen, J., and Wieland, M., 2009. Publicly traded versus privately held: implications for conditional conservatism in bank accounting. Review of Accounting Studies, 14, 88–122.
   Web of Science ®Google Scholar
• Novotny-Farkas, Z., 2016. The interaction of the IFRS 9 expected loss approach with supervisory rules and implications for financial stability. Accounting in Europe, 16 (2), 197–227.
   Google Scholar
• O´Hanlon, J., 2013. Did loan-loss provisioning by UK banks become less timely after implementation of IAS 39? Accounting and Business Research, 43 (3), 225–258.
   Web of Science ®Google Scholar
• Penalva, F., and Wagenhofer, A., 2019. Conservatism in debt contracting: theory and empirical evidence. Accounting and Business Research, 49 (6), 619–647.
   Web of Science ®Google Scholar
• Penman, S. and Zhang, X., 2002. Accounting conservatism, the quality of earnings and stock returns. The Accounting Review, 77 (2), 237–264.
   Web of Science ®Google Scholar
• Stephanou, C., 2010. Rethinking market discipline in banking: lesson from the financial crisis. World Bank Policy Research Working Paper Series.
   Google Scholar
• Vyas, D. 2011. The timeliness of accounting write downs by US financial institutions during the financial crisis of 2007-2008. Journal of Accounting Research, 49, 823–860.
   Web of Science ®Google Scholar
• Walsh, C., 2005. Central Bank Independence. Prepared for the New Palgrave Dictionary (December). https://people.ucsc.edu/~walshc/MyPapers/cbi_newpalgrave.pdf
   Google Scholar
• Wall, L. and Koch, T., 2000. Bank loan-loss accounting: a review of theoretical and empirical evidence. Economic Review, 2, 1–19.
   Google Scholar
• Zeff, S. A., 2012. The evolution of the IASC into the IASB, and the challenges it faces. The Accounting Review, 87 (3), 807–837.
   Web of Science ®Google Scholar