We survey research on banks׳ financial accounting. After providing a brief background of the
theoretical models and accounting and regulatory institutions underlying the bank …

Researchers increasingly turn to counterfactual simulations to estimate the danger of
contagion owing to exposures in the interbank loan market. This paper summarises the …

The recent financial crisis has led to a major debate about fair-value accounting. Many critics
have argued that fair-value accounting, often also called mark-to-market accounting, has …

This article, building on governmental financial resilience literature, and using data from a
survey of over 600 local governments in Germany, Italy and the UK, looks at the role that …

Purpose While the debate about fair value accounting (FVA) and the global financial crisis
(GFC) of 2008-2009 has been explored in the academic and professional literature, there …

How does the management and resolution of the current crisis compare with the response of
the Nordic countries in the early 1990s, widely regarded as exemplary? We argue that, while …

In this study, we review the financial research on regulation in the Asia‐Pacific region. We
do this by analysing six leading regional accounting and finance journals–Abacus …

In this study, we present a novel measurement approach for systemic risk by considering an
indirect network structure. In a departure from previous studies, this measurement method …

The roles played by fair value (FV) and historical cost (HC) measurements during the
financial crisis (2008–2009) remain controversial. We investigate the relative and …

This paper is a commentary on issues related to the first decade's mandatory use of
International Financial Reporting Standards (IFRSs) in the EU. Three specific but related …