LEADER 03198nam 2200529 450 001 9910644258803321 005 20230503160323.0 010 $a9783658400606$b(electronic bk.) 010 $z9783658400590 024 7 $a10.1007/978-3-658-40060-6 035 $a(MiAaPQ)EBC7176597 035 $a(Au-PeEL)EBL7176597 035 $a(CKB)25998107500041 035 $a(DE-He213)978-3-658-40060-6 035 $a(PPN)267809158 035 $a(EXLCZ)9925998107500041 100 $a20230503d2023 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe effect of covid-19 on loan loss provisions and earnings management of European banks /$fMerjona Lamaj 205 $a1st ed. 2023. 210 1$aWiesbaden, Germany :$cSpringer Fachmedien Wiesbaden GmbH,$d[2023] 210 4$dİ2023 215 $a1 online resource (69 pages) 225 1 $aBestMasters 311 08$aPrint version: Lamaj, Merjona The Effect of Covid-19 on Loan Loss Provisions and Earnings Management of European Banks Wiesbaden : Springer Fachmedien Wiesbaden GmbH,c2023 9783658400590 320 $aIncludes bibliographical references. 327 $a1 Introduction -- 2 IFRS 9 and the Expected Credit Loss Model -- 3 Covid-19 and European Banks -- 4 Hypothesis Development -- 5 Descriptive Statistics -- 6 Research design and results -- 7 Conclusion. 330 $aThis book examines the effect of Covid-19 on loan loss provisions (LLPs) and earnings management of European banks. Specifically, the author analyzes how the high flexibility offered by prudential authorities and standard setters in the context of Covid-19 affects banks? use of discretion when accounting for loan loss provisions. She finds that during Covid-19 banks use discretionary LLPs to a greater extent than before Covid-19. This trend is more evident for banks located in countries that have implemented strong containment measures as a response to the Covid-19 pandemic. Moreover, while banks tend to overstate LLPs at the beginning of the pandemic, they do, on average, understate them during 2021. Finally, examining the direction of earnings management the author finds that during Covid-19 banks use upward earnings management, whereas before Covid-19 they engage in downward earnings management. About the Author Merjona Lamaj is a research associate and PhD student at the Vienna University of Economics and Business (WU) in Austria. Her research focuses on international accounting with main interest in financial and insurance companies. 410 0$aBestMasters. 606 $aBanks and banking 606 $aBanks and banking$zEurope 606 $aCOVID-19 Pandemic, 2020-$xEconomic aspects$zEurope 615 0$aBanks and banking. 615 0$aBanks and banking 615 0$aCOVID-19 Pandemic, 2020-$xEconomic aspects 676 $a332.1 700 $aLamaj$b Merjona$01353356 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910644258803321 996 $aThe Effect of Covid-19 on Loan Loss Provisions and Earnings Management of European Banks$93251586 997 $aUNINA