存款保险和信用社盈利不透明

IF 5.5 3区管理学 Q1 BUSINESS, FINANCE

British Accounting Review Pub Date : 2024-09-05 DOI:10.1016/j.bar.2024.101486

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引用次数: 0

摘要

本研究探讨了存款保险对信用社盈利不透明的影响。为了进行识别，我们采用了《紧急经济稳定法案》第 136 条中的规定，该条款将存款保险的上限从 10 万美元提高到了 25 万美元。利用存款保险安排变化的不同影响所带来的投保存款的变化以及差异法，我们发现投保存款大幅增加的信用社倾向于对贷款损失准备金行使更多的自由裁量权，从而导致盈利不透明的增加。这种情况在中小型信用社中最为明显。

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Deposit insurance and credit union earnings opacity

This study examines the impact of deposit insurance coverage on credit union earnings opacity. For identification, we employ the provisions outlined in Section 136 of the Emergency Economic Stabilization Act, which raised the upper limit of deposit insurance coverage from $100,000 to $250,000. Using variation in insured deposits brought about by the differential impact of the change to deposit insurance arrangements and a difference-in-differences approach, we find that credit unions experiencing a substantial rise in insured deposits tend to exercise more discretion over loan loss provisions, leading to an increase in earnings opacity. This is most evident for small and medium sized credit unions.

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来源期刊

British Accounting Review BUSINESS, FINANCE-

CiteScore

8.60

自引率

3.90%

发文量

审稿时长

76 days

期刊介绍： The British Accounting Review*is pleased to publish original scholarly papers across the whole spectrum of accounting and finance. The journal is eclectic and pluralistic and contributions are welcomed across a wide range of research methodologies (e.g. analytical, archival, experimental, survey and qualitative case methods) and topics (e.g. financial accounting, management accounting, finance and financial management, auditing, public sector accounting, social and environmental accounting; accounting education and accounting history), evidence from UK and non-UK sources are equally acceptable.