금융위기 기간 내 공정가치 공시가 은행 대출금 손실예측에 미치는 영향
DC Field | Value | Language |
---|---|---|
dc.contributor.author | 지승민 | - |
dc.contributor.author | 김진욱 | - |
dc.date.accessioned | 2021-09-04T22:00:43Z | - |
dc.date.available | 2021-09-04T22:00:43Z | - |
dc.date.created | 2021-06-17 | - |
dc.date.issued | 2015 | - |
dc.identifier.issn | 1738-4745 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/95375 | - |
dc.description.abstract | Statement of Financial Accounting Standards No. 107 (codified in ASC 825-10), Disclosures about Fair Value of Financial Instruments, mandates the disclosure of fair values for financial instruments with the objective of providing investors with more relevant information about firms’ future cash flows. However, the results show that fair value measurements of loans did not explain any variation in future loan losses during the earlier sample period of 1999-2007. It was because credit risk information embedded in fair value estimates was obscured by extraneous factors such as changes in market interest rates. In addition, it is difficult for investors to reliably separate market interest rate effects and credit risk effects from loan fair value disclosures. In contrast, during the credit crisis extraneous factors other than credit risk information were naturally controlled and thus, fair value measurements provided incremental information about future loan losses. Overall, our results suggest that requiring additional disclosure of assumptions and inputs used in estimating fair values is likely to improve the usefulness of fair value information of loans. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | 글로벌경영학회 | - |
dc.title | 금융위기 기간 내 공정가치 공시가 은행 대출금 손실예측에 미치는 영향 | - |
dc.title.alternative | Loan Fair Value’s Ability in Predicting Loan Losses during the Recent Credit Crisis | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | 지승민 | - |
dc.identifier.bibliographicCitation | 글로벌경영학회지, v.12, no.4, pp.759 - 779 | - |
dc.relation.isPartOf | 글로벌경영학회지 | - |
dc.citation.title | 글로벌경영학회지 | - |
dc.citation.volume | 12 | - |
dc.citation.number | 4 | - |
dc.citation.startPage | 759 | - |
dc.citation.endPage | 779 | - |
dc.type.rims | ART | - |
dc.identifier.kciid | ART002065488 | - |
dc.description.journalClass | 2 | - |
dc.description.journalRegisteredClass | kci | - |
dc.subject.keywordAuthor | 금융위기 | - |
dc.subject.keywordAuthor | 공정가치 | - |
dc.subject.keywordAuthor | 은행대출금 | - |
dc.subject.keywordAuthor | 채권 상각 | - |
dc.subject.keywordAuthor | 대출 손실 | - |
dc.subject.keywordAuthor | 상업은행 | - |
dc.subject.keywordAuthor | Credit Crisis | - |
dc.subject.keywordAuthor | Fair vValue | - |
dc.subject.keywordAuthor | Loans | - |
dc.subject.keywordAuthor | Charge-offs | - |
dc.subject.keywordAuthor | Credit Losses | - |
dc.subject.keywordAuthor | Commercial Bank | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
(02841) 서울특별시 성북구 안암로 14502-3290-1114
COPYRIGHT © 2021 Korea University. All Rights Reserved.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.