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Latin American Lending by Major U.S. Banks: The Effects of Disclosures about Nonaccrual Loans and Loan Loss Provisions.

Paul A. Griffin; Samoa J.R. Wallach

The Accounting Review 1991

Abstract Examines how stockholders' returns of 13 of the largest American money-center and regional banks were affected by disclosures made during 1987 regarding decisions to place Brazilian loans on a nonaccrual basis and to increase loan loss reserves to recognize the higher probability of default and the lower present value of future interest and principal.

DOI
10.2308/tar-9605070409
Volume
66 (4)
Pages
830-846
Language
en
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BibTeX
Sources
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