This paper presents a review of the recent banking literature centred on the core themes of
performance, risk and governance of financial institutions. We write this review against the …

The use of accounting measures and disclosures in banks' contracts and regulation
suggests that the quality of banks' financial reporting is central to the efficacy of market …

We review and evaluate the methods commonly used in the accounting literature to correct
for cross‐sectional and time‐series dependence. While much of the accounting literature …

We scrutinize the role financial reporting for fair values, asset securitizations, derivatives and
loan loss provisioning played in the Financial Crisis. Because banks were at the center of …

Prior research shows that firms' financial statement comparability improves the accuracy of
market participants' valuation judgments and thus may reduce firms' costs of capital. Distinct …

We provide evidence that firms with more transparent earnings enjoy a lower cost of capital.
We base our earnings transparency measure on the extent to which earnings and change in …

Despite the unquestionable influence of conservatism, disagreement remains about what
economic demands lead to financial reporting conservatism. Research examining lenders' …

Im 1. Kapitel: Einführung und institutionelle Grundlagen wurde dargestellt, dass die
gegenwärtige Diskussion im externen Rechnungswesen insbesondere dessen Rolle als …

We test whether credit rating analysts consider managerial ability as a credit risk factor and
find that higher‐ability managers obtain more favorable credit ratings. Controlling for past …

We review the academic literature on the use of financial reporting information by capital
providers. We classify our findings by investor type and by information objective. While most …