1 option
Competition and Bank Opacity / Liangliang Jiang, Ross Levine, Chen Lin.
- Format:
- Book
- Author/Creator:
- Jiang, Liangliang.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20760.
- NBER working paper series no. w20760
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- Did regulatory reforms that lowered barriers to competition among U.S. banks increase or decrease the quality of information that banks disclose to the public and regulators? We find that an intensification of competition reduced abnormal accruals of loan loss provisions and the frequency with which banks restate financial statements. The results indicate that competition reduces bank opacity, enhancing the ability of markets and regulators to monitor banks.
- Notes:
- Print version record
- December 2014.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.