【讲座时间】2021年12月7日 13:30
【参与方式】线上（中目）
【讲座主题】Bank Institutions and Hidden Loan Loss: Evidence from Mandatory Shift to Expected Loan Loss Provisioning in China
【嘉宾介绍】 佘国满 香港大学助理教授
Dr. Guoman She joined HKU in 2020 as an Assistant Professor of Accounting. He received his Ph.D. in Accounting from the Hong Kong University of Science and Technology. His research focuses on disclosure and supply chain risk. His work has been published in JAR.TAR.
【内容提要】
We examine the effect of a mandatory shift to expected credit loss provisioning on banks’ loan loss recognition in China. Following the mandatory shift, on average, loan loss provision and its sensitivity with expected credit risk increase among non-state-owned banks, but do not change among state-owned banks. For non-state-owned banks, the increase in loan loss provision is greater for those with overseas listing. For state-owned banks, the non-compliance is primarily driven by those that are in provinces with strong government intervention, receive high government subsidies, have local officials in late term, or share a common large shareholder with an assets management company. Finally, the capital market perceives an improvement in reporting quality for non-SOCBs following the mandatory shift, but not for SOCBs. Taken together, our results suggest that the mandatory shift to expected loan loss provisioning increases bank reporting quality among non-state-owned banks, but political influences negate this effect among state-owned banks.
TOP