The Accounting Review Vol. 66 No. 4 1991
Latin American Lending by Major U.S. Banks: The Effects of Disclosures about Nonaccrual Loans and Loan Loss Provisions.
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
- Issue
- 4
- Pages
- 830-846
- Language
- en
- Sources
- crossref openalex