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Passage obligatoire aux normes comptables IAS/IFRS, contraintes en liquidité et rationnement du crédit : une étude empirique dans l'industrie bancaire européenne

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  • Clavier, Julien
  • Alexandre, Hervé

Abstract

Financial theory indicates that banks dependent on external resources and/or financially fragile have more difficulties in refinancing their operations of credit supply, due to the informational problems they face and/or they cause. In this context, this study tests the hypothesis that the mandatory adoption by banks of the IAS/IFRS accounting standards, known to be of higher quality, leads to an increase in the quantity of loans granted by banks constrained in liquidity, all else equal. Based on a sample of European banks, between 2003 and 2008, we obtain results in favour of this hypothesis.

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Bibliographic Info

Paper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/9568.

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Date of creation: May 2012
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Handle: RePEc:dau:papers:123456789/9568

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Keywords: États financiers consolidés; Normes comptables internationales; Adoption obligatoire des normes comptables IAS/IFRS; conséquences économiques; banques; rationnement du crédit; Mandatory adoption of IAS/IFRS accounting standards; economic consequences; banks; credit rationing;

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