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.
Iannotta, G. O., Kwan, S., TEMPESTIVITÀ DELLA SVALUTAZIONE DEI CREDITI EOPACITÀ DELLE BANCHE, <<RIVISTA DEI DOTTORI COMMERCIALISTI>>, 2014; (3): 453-467 [http://hdl.handle.net/10807/64913]
TEMPESTIVITÀ DELLA SVALUTAZIONE DEI CREDITI E OPACITÀ DELLE BANCHE
Iannotta, Giuliano Orlando;Kwan, Simon
2014
Abstract
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.
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