| Autor: |
Carlos William Lima Ribeiro, Jorge Luiz De Santana Júnior, Renê Coppe Pimentel, Bruno Meirelles Salotti |
| Jazyk: |
portugalština |
| Rok vydání: |
2024 |
| Předmět: |
|
| Zdroj: |
Enfoque, Vol 43, Iss 3 (2024) |
| Druh dokumentu: |
article |
| ISSN: |
1984-882X |
| DOI: |
10.4025/enfoque.v43i3.64183 |
| Popis: |
Objective: This paper analyzes the initial impacts of IFRS 9 adoption on banks’ credit impairment level in an international perspective. Specifically, we analyze the impact on banks' financial position and performance, the bank- and country-specific determinants of the impairment magnitudes and the informational effects of the new standard. Method: The study is based on a sample of 149 listed banks from 12 countries from G20 and bivariate and multivariate analyses are applied. Results: Results indicate that credit impairment recognized under IFRS 9 is larger than under IAS 39, suggesting a more conservative accounting model and that the new standard affected banks’ performance and financial position. We show that IFRS 9 implementation was significantly different among countries, especially between high- and low-income countries and the information under IFRS 9 is more value-relevant than IAS39. Contributions: We add to the previous literature by documenting the initial impact of IFRS 9 implementation on financial statements and on value relevance, as well as the bank- and country-specific determinants of the level of this impact. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
|
