| dc.contributor.advisor | 張元晨教授 | zh_TW |
| dc.contributor.author (Authors) | 吳婉菁 | zh_TW |
| dc.contributor.author (Authors) | Wu ,Wan-Ching | en_US |
| dc.creator (作者) | 吳婉菁 | zh_TW |
| dc.creator (作者) | Wu ,Wan-Ching | en_US |
| dc.date (日期) | 2004 | en_US |
| dc.date.accessioned | 18-Sep-2009 19:18:41 (UTC+8) | - |
| dc.date.available | 18-Sep-2009 19:18:41 (UTC+8) | - |
| dc.date.issued (上傳時間) | 18-Sep-2009 19:18:41 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0923570271 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/36695 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 財務管理研究所 | zh_TW |
| dc.description (描述) | 92357027 | zh_TW |
| dc.description (描述) | 93 | zh_TW |
| dc.description.abstract (摘要) | Abstract This paper investigates the determinatives of loan loss provisions by using U.S., Asian and European banks data. The purpose of this paper is to do a cross-country comparison of bank managers’ choices for capital, earnings management and signaling effects. Our results show that capital management plays an important role for loan loss provisions in these three regions. Our results also show that earnings smoothing are important determinatives for U.S. and European banks’ loan loss provisions. Additionally, we find that loan loss provisions are positively related to future earnings changes in U.S. banks which supports the hypothesis of signaling effects. In a separate section, we examine ownership structure’s influences on banks’ choices of loan loss provisions. We find that capital and earnings management can be seen in U.S. banks with diffused or concentrated ownership. We also find that earning management play an important role for loan loss provisions in Asian banks with diffused or concentrated ownership, however, capital management is not apparent for banks with concentrated ownership. In addition, our results show that capital management plays an important role for loan loss provisions in European banks with diffused or concentrated ownership, but earnings management can not be found in banks with concentrated ownership. | zh_TW |
| dc.description.tableofcontents | LIST OF TABLES III ABSTRACT III 1. INTRODUCTION 3 1.1 MOTIVATIONS OF THE STUDY 3 1.2 OBJECTIVES OF THE STUDY 3 1.3 CHAPTER OUTLINES 3 2. LITERATURE REVIEW 3 2.1 LOAN LOSS PROVISIONS AS A CAPITAL MANAGEMENT TOOLS 3 2.2 LOAN LOSS PROVISIONS AS EARNINGS MANAGEMENT TOOLS 3 2.2.1 Earnings management between publicly and privately-held firms 3 2.2.2 Loan loss provisions regarded as signaling effects 3 2.3. INFLUENCES OF OWNERSHIP STRUCTURE 3 3. DATA DESCRIPTION AND RESEARCH METHODOLOGY 3 3.1 DATA DESCRIPTION 3 3.2 HYPOTHESES 3 3.2.1 Capital management 3 3.2.2 Earnings management 3 3.2.3 Signaling effects 3 3.2.4 Ownership structure influences 3 3.3 RESEARCH METHODOLOGY 3 3.4 RESEARCH MODELS 3 3.4.1 Model for testing capital management and earnings management 3 3.4.2 Signaling effects 3 4. EMPIRICAL RESULTS AND ANALYSIS 3 4.1 DESCRIPTIVE STATISTICS OF SAMPLES 3 4.2 CORRELATION ANALYSIS 3 4.3 EMPIRICAL RESULTS OF CAPITAL MANAGEMENT AND EARNINGS MANAGEMENT 3 4.4 SIGNALING EFFECTS OF FUTURE EARNINGS OF NEXT YEAR 3 4.5 INFLUENCES OF OWNERSHIP STRUCTURE 3 4.5.1 Data description 3 4.5.2 Methodology 3 4.5.3 Model Descriptions 3 4.5.4 Descriptive statistics of samples 3 4.5.2 Empirical results 3 5. SUMMARY AND CONCLUSION 3 5.1 SUMMARY OF THIS STUDY 3 5.2 SUGGESTIONS FOR FUTURE RESEARCH 3 BIBLIOGRAPHY 3 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0923570271 | en_US |
| dc.subject (關鍵詞) | Loan Loss Provisions | en_US |
| dc.title (題名) | Determinatives of Banks’ Loan Loss Provisions:A Cross-Country Comparison | zh_TW |
| dc.type (資料類型) | thesis | en |
| dc.relation.reference (參考文獻) | [1] Adams, R., Mehran, H., (2003), “Is corporate governance different for bank holding companies”, FRBNY Economic Policy Review, 123-142. | zh_TW |
| dc.relation.reference (參考文獻) | [2] Allen, N. B., Richard, J. H., and Giorgio, P. S., (1995), “The Role of Capital in Financial Institutions”, Journal of Banking and Finance 19, 393-430. | zh_TW |
| dc.relation.reference (參考文獻) | [3] Ahmed, A.S., Takeda, C., and Thomas S. (1999), “Bank loan Loss Provisions: A | zh_TW |
| dc.relation.reference (參考文獻) | Reexamination of Capital Management, Earnings Management and Signaling | zh_TW |
| dc.relation.reference (參考文獻) | Effects”, Journal of Accounting and Economics 28, 1-25. | zh_TW |
| dc.relation.reference (參考文獻) | [4] Beatty, A., Chamberlain, S., and Magliolo, J., (1995), “Managing Financial Reports of Commercial Banks: the Influence of Taxes, Regulatory Capital and Earnings”, Journal of Accounting Research 33(2), 231-262. | zh_TW |
| dc.relation.reference (參考文獻) | [5] Beatty, A., Ke, B., and Petroni K. R., (1999), “Differential earnings management to avoid earnings declines and losses across publicly and privately-held banks”, The Accounting review 77, 547-570 | zh_TW |
| dc.relation.reference (參考文獻) | [6] Beaver, W. H., and Engel, E., (1996), “Discretionary behavior with respect to allowances for loan losses and the behavior of security prices”, Journal of Accounting &Economics 22, 177-206. | zh_TW |
| dc.relation.reference (參考文獻) | [7] Bikker, M., (2004). “Bank provisioning behaviour and procyclicality.” Journal of international financial markets institutions and money, 1-17 | zh_TW |
| dc.relation.reference (參考文獻) | [8] Burgstahler, D., and Dichev, I., (1997), “Earnings management to avoid earnings decreases and losses”, Journal of Accounting and Economics 24, 99-126 | zh_TW |
| dc.relation.reference (參考文獻) | [9] Caprio, G., Jr and Levine, R., (2002), “Corporate governance of banks: concepts and international observations.” Paper presented in the Global corporate governance forum research network meeting, 1-30 | zh_TW |
| dc.relation.reference (參考文獻) | [10] Collins, J.H., Shackelford, D.A., and Wahlen, J.M., (1995), “Bank Differences in the Coordination of Regulatory Capital, Earnings, and Taxes”, Journal of Accounting Research 33(2), 263-292. | zh_TW |
| dc.relation.reference (參考文獻) | [11] Giovanni, M. and Michele, C., (2002), “Do Banks Provision for Bad Loans in Good Times? Empirical Evidence and Policy Implications”, Ratings, Rating Agencies and the Global Financial System, Boston, Dordrecht and London: Kluwer Academic Publishers. | zh_TW |
| dc.relation.reference (參考文獻) | [12] Giovanni, M., Giovanni, F., and Maria, C. C., (2001), “The macroeconomic impact of bank capital requirements in emerging economies : Past evidence to assess the future.” The World Bank; University of Bari, 1-27. | zh_TW |
| dc.relation.reference (參考文獻) | [13] Healy, P. M., and Wahlen, J. M., (1999), “A review of the earnings management literature and its implications for standard setting”, Accounting Horizons 13, 365-383. | zh_TW |
| dc.relation.reference (參考文獻) | [14] Holderness, C. G., (2003), “A survey of bolckholders and corporate control”, FRBNY Economic Policy Review, 51-64 | zh_TW |
| dc.relation.reference (參考文獻) | [15] Iftekhar, H., and Larry, D. W., (2003), “Determinants of the loan loss allowance: some cross-country comparisons.” Discussion paper of Bank of Finland, 1-26 | zh_TW |
| dc.relation.reference (參考文獻) | [16] Jonathan, R. M., and Maureen, O., (2003), “The corporate governance of banks.” FRBNY Economic Policy Review. 91-107 | zh_TW |
| dc.relation.reference (參考文獻) | [17] Klassen, K. J.,(1997), “The impact of inside ownership concentration on the trade-off between financial and tax reporting.” The Accounting Review 72, 455-474. | zh_TW |
| dc.relation.reference (參考文獻) | [18] Laeven, L., Majnoni, G., (2003), “Loan loss provisioning and economic slowdowns: too much, too late? “ Journal of Financial Intermediation 12, 178–197. | zh_TW |
| dc.relation.reference (參考文獻) | [19] Larry, D.W., and Timothy, W.K., (2000), “Bank Loan-Loss Accounting: A Review of Theoretical and Empirical Evidence”, Economic Review, Federal Reserve Bank of Atlanta. | zh_TW |
| dc.relation.reference (參考文獻) | [20] Liu, C.C., and Ryan, S. G., (1995), “The effect of bank loan portfolio composition on the market reaction to and anticipation of loan loss provisions”, Journal of Accounting Research 33, 77-94. | zh_TW |
| dc.relation.reference (參考文獻) | [21] Moyer, S.E., (1990), Capital adequacy ratio regulations and accounting choices in commercial banks, Journal of Accounting & Economics 13, 123-154. | zh_TW |
| dc.relation.reference (參考文獻) | [22] Prescott, (2001), “Regulating bank capital structure to control risk”, Economic Quarterly- Federal Reserve Bank of Richmond, 35-52 | zh_TW |
| dc.relation.reference (參考文獻) | [23] Wahlen, J.M., (1994), “The nature of information in commercial bank loan loss disclosures” The Accounting Review 69, 455-478 | zh_TW |
| dc.relation.reference (參考文獻) | [24] Warfield, T.D., Wild, J.J., and Wild, K.L. (1995), “Managerial ownership, accounting choices, and informativeness of earnings”, Journal of Accounting and Economics 20, 61-91. | zh_TW |
