References:

Adams, R., & Mehran, H. (2003). Is Corporate Governance Different for Bank Holding Companies? FRBNY Economic Policy Review, 9(1), 123–142.
Adams, R., & Mehran, H. (2012). Bank board structure and performance: Evidence for large bank holding companies. Journal of Financial Intermediation, 21(2), 243–267. doi: 10.1016/j.jfi.2011.09.002
Altamuro, J., & Zhang, H. (2013). The financial reporting of fair value based on managerial inputs versus market inputs: evidence from mortgage servicing rights. Review of Accounting Studies. doi: 10.1007/s11142-013-9234-y
André, P., Cazavan-Jeny, A., Dick, W., Richard, C., & Walton, P. (2009). Fair Value Accounting and the Banking Crisis in 2008: Shooting the Messenger. Accounting in Europe, 6(1), 3–24. doi: 10.1080/17449480902896346
Armstrong, C. S., Guay, W. R., & Weber, J. P. (2010). The role of information and financial reporting in corporate governance and debt contracting. Journal of Accounting and Economics, 50(2–3), 179–234. doi: 10.1016/j.jacceco.2010.10.001
Badertscher, B. A., Burks, J. J., & Easton, P. D. (2012). A Convenient Scapegoat: Fair Value Accounting by Commercial Banks during the Financial Crisis. The Accounting Review, 87(1), 59–90. doi: 10.2308/accr-10166
 
Ball, R., Kothari, S. P., & Robin, A. (2000). The effect of international institutional factors on properties of accounting earnings. Journal of Accounting and Economics, 29(1), 1–51. doi: 10.1016/S0165-4101(00)00012-4 0
Ball, R., Robin, A., & Wu, J. (2003). Incentives versus standards: properties of accounting income in four East Asian countries. Journal of Accounting and Economics, 36(1–3), 235–270. doi: 10.1016/j.jacceco.2003.10.003
Barth, M. E. (1994). Fair Value Accounting: Evidence from Investment Securities and the Market Valuation of Banks. The Accounting Review, 69(1), 1–25.
Barth, M. E. (2007). Standard-setting measurement issues and the relevance of research. Accounting and Business Research, 37(sup1), 7–15. doi: 10.1080/00014788.2007.9730079
Barth, M. E., Beaver, W. H., & Landsman, W. R. (1996). Value-Relevance of Banks’ Fair Value Disclosures under SFAS No. 107. The Accounting Review, 71(4), 513–537.
Barth, M. E., & Clinch, G. (1998). Revalued Financial, Tangible, and Intangible Assets: Associations with Share Prices and Non-Market-Based Value Estimates. Journal of Accounting Research, 36, 199-233. doi: 10.2307/2491314
Barth, M. E., & Clinch, G. (2009). Scale Effects in Capital Markets-Based Accounting Research. Journal of Business Finance & Accounting, 36(3–4), 253–288. doi: 10.1111/j.1468-5957.2009.02133.x
Barth, M. E., Landsman, W. R., & Wahlen, J. M. (1995). Fair value accounting: Effects on banks’ earnings volatility, regulatory capital, and value of contractual cash flows. Journal of Banking & Finance, 19(3–4). doi: 10.1016/0378-4266(94)00141-O
Barth, M. E., Landsman, W. R., Young, D., & Zhuang, Z. (2014). Relevance of Differences between Net Income based on IFRS and Domestic Standards for European Firms. Journal of Business Finance & Accounting, 41(3), 297-327. doi: 10.1111/jbfa.12067
Bartlett, M. S. (1951). A further note on tests of significance in factor analysis. British Journal of Statistical Psychology, 4(1). doi: 10.1111/j.2044-8317.1951.tb00299.x
Beatty, A., Chamberlain, S. L., & Magliolo, J. (1995). Managing Financial Reports of Commercial Banks: The Influence of Taxes, Regulatory Capital, and Earnings. Journal of Accounting Research, 33(2), 231. doi: 10.2307/2491487
Beatty, A. L., Ke, B., & Petroni, K. R. (2002). Earnings Management to Avoid Earnings Declines across Publicly and Privately Held Banks. The Accounting Review, 77(3), 547–570. doi: 10.2308/accr.2002.77.3.547
Beatty, A., & Liao, S. (2014). Financial accounting in the banking industry: A review of the empirical literature. Journal of Accounting and Economics, 58(2–3), 339–383. doi: 10.1016/j.jacceco.2014.08.009
Bebchuk, L. A., & Hamdani, A. (2009). The Elusive Quest for Global Governance Standards. University of Pennsylvania Law Review, 157(5), 1263-1318.
Bebchuk, L. A., & Weisbach, M. S. (2010). The State of Corporate Governance Research. Review of Financial Studies, 23(3), 939–961. doi: 10.1093/rfs/hhp121
Beltratti, A., & Stulz, R. M. (2012). The credit crisis around the globe: Why did some banks perform better? Journal of Financial Economics, 105(1), 1–17. doi: 10.1016/j.jfineco.2011.12.005
Benston, G. J. (2008). The shortcomings of fair-value accounting described in SFAS 157. Journal of Accounting and Public Policy, 27(2), 101–114. doi: 10.1016/j.jaccpubpol.2008.01.001
Bhat, G. (2013). Impact of Disclosure and Corporate Governance on the Association Between Fair Value Gains and Losses and Stock Returns in the Commercial Banking Industry. SSRN Electronic Journal. doi: 10.2139/ssrn.1013926
Bhat, G., & Ryan, S. G. (2015). The impact of risk modeling on the market perception of banks’ estimated fair value gains and losses for financial instruments. Accounting, Organizations and Society, 46, 81–95. doi: 10.1016/j.aos.2015.04.004
Bhat, V. N. (1996). Banks and income smoothing: an empirical analysis. Applied Financial Economics, 6(6), 505–510. doi: 10.1080/096031096333953
Bonetti, P., Magnan, M. L., & Parbonetti, A. (2016). The Influence of Country‐ and Firm‐level Governance on Financial Reporting Quality: Revisiting the Evidence. Journal of Business Finance & Accounting, 43(9–10), 1059–1094. doi: 10.1111/jbfa.12220
Boo, E., & Sharma, D. (2008). Effect of regulatory oversight on the association between internal governance characteristics and audit fees. Accounting & Finance, 48(1), 51–71. doi: 10.1111/j.1467-629x.2007.00229.x
Bratten, B., Causholli, M., & Myers, L. (2017). Fair Value Exposure, Auditor Specialization, and Banks’ Discretionary Use of the Loan Loss Provision. Journal of Accounting, Auditing & Finance. doi: 10.1177/0148558X17742567
Brown, P., Preiato, J., & Tarca, A. (2014). Measuring Country Differences in Enforcement of Accounting Standards: An Audit and Enforcement Proxy. Journal of Business Finance & Accounting, 41(1–2), 1–52. doi: 10.1111/jbfa.12066
Bruno, V., & Claessens, S. (2010). Corporate governance and regulation: Can there be too much of a good thing? Journal of Financial Intermediation, 19(4), 461–482. doi: 10.1016/j.jfi.2009.10.001
Buffett, W. (2003). Letter to Shareholders. Included in the 2002 Annual Report of Berkshire Hathaway Inc.
Bushman, R., Chen, Q., Engel, E., & Smith, A. (2004). Financial accounting information, organizational complexity and corporate governance systems. Journal of Accounting and Economics, 37(2), 167–201. doi: 10.1016/j.jacceco.2003.09.005
Bushman, R. M., & Williams, C. D. (2012). Accounting discretion, loan loss provisioning, and discipline of Banks’ risk-taking. Journal of Accounting and Economics, 54(1), 1–18. doi: 10.1016/j.jacceco.2012.04.002
Cai, L., Rahman, A., & Courtenay, S. (2014). The Effect of IFRS Adoption Conditional Upon the Level of Pre-adoption Divergence. The International Journal of Accounting, 49(2), 147–178. doi: 10.1016/j.intacc.2014.04.004
Chang, R.-D., Shen, W.-H., & Fang, C.-J. (2008). Discretionary Loan Loss Provisions And Earnings Management For The Banking Industry. International Business & Economics Research Journal (IBER), 7(3). doi: 10.19030/iber.v7i3.3230
Chen, K. C. W., Chen, Z., & Wei, K. C. J. (2009). Legal protection of investors, corporate governance, and the cost of equity capital. Journal of Corporate Finance, 15(3), 273–289. doi: 10.1016/j.jcorpfin.2009.01.001
Christensen, H., Hail, L., & Leuz, C. (2013). Mandatory IFRS reporting and changes in enforcement. doi: 10.1016/j.jacceco.2013.10.007
Cohen, L. J., Cornett, M. M., Marcus, A. J., & Tehranian, H. (2014). Bank Earnings Management and Tail Risk during the Financial Crisis. Journal of Money, Credit and Banking, 46(1), 171–197. doi: 10.1111/jmcb.12101
Collins, J. H., Shackelford, D. A., & Wahlen, J. M. (1995). Bank Differences in the Coordination of Regulatory Capital, Earnings, and Taxes. Journal of Accounting Research, 33(2), 263. doi: 10.2307/2491488
Cornett, M. M., McNutt, J. J., & Tehranian, H. (2009). Corporate governance and earnings management at large U.S. bank holding companies. Journal of Corporate Finance, 15(4), 412–430. doi: 10.1016/j.jcorpfin.2009.04.003
Daske, H., Hail, L., Leuz, C., & Verdi, R. (2008). Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences. Journal of Accounting Research. doi: 10.1111/j.1475-679X.2008.00306.x
de Andres, P., & Vallelado, E. (2008). Corporate governance in banking: The role of the board of directors. Journal of Banking & Finance, 32(12), 2570–2580. doi: 10.1016/j.jbankfin.2008.05.008
Dechow, P. M., Myers, L. A., & Shakespeare, C. (2010). Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits. Journal of Accounting and Economics, 49(1–2), 2–25. doi: 10.1016/j.jacceco.2009.09.006
DeFond, M. L., Hann, R. N., & Xuesong, H. (2005). Does the Market Value Financial Expertise on Audit Committees of Boards of Directors? Journal of Accounting Research, 43(2). doi: 10.1111/j.1475-679x.2005.00166.x
de Jager, P. (2014). Fair value accounting, fragile bank balance sheets and crisis: A model. Accounting, Organizations and Society, 39(2), 97–116. doi: 10.1016/j.aos.2014.01.004
Dinno, A. (2018). Implementing Horn’s Parallel Analysis for Principal Component Analysis and Factor Analysis. The Stata Journal: Promoting Communications on Statistics and Stata, 9(2), 291–298. doi: 10.1177/1536867X0900900207
Doidge, C., Karolyi, G. A., & Stulz, R. (2007). Why do countries matter so much for corporate governance? Journal of Financial Economics, 86(1). doi: 10.1016/j.jfineco.2006.09.002
Durnev, A., & Kim, E. H. (2005). To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation. The Journal of Finance, 60(3), 1461-1493. doi: 10.1111/j.1540-6261.2005.00767.x
Eccher, E. A., Ramesh, K., & Thiagarajan, S. R. (1996). Fair value disclosures by bank holding companies. Journal of Accounting and Economics, 22(1–3), 79–117. doi: 10.1016/S0165-4101(96)00438-7
Erkens, D. H., Hung, M., & Matos, P. (2012). Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide. Journal of Corporate Finance, 18(2), 389–411. doi: 10.1016/j.jcorpfin.2012.01.005
Ernstberger, J., & Grüning, M. (2013). How do firm- and country-level governance mechanisms affect firms’ disclosure? Journal of Accounting and Public Policy, 32(3), 50–67. doi: 10.1016/j.jaccpubpol.2013.02.003
Fonseca, A. R., & González, F. (2008). Cross-country determinants of bank income smoothing by managing loan-loss provisions. Journal of Banking & Finance, 32(2), 217–228. doi: 10.1016/j.jbankfin.2007.02.012
Ford, J., & Marriage, M. (2018). The big flaw: Auditing in crisis. FT.Com. Retrieved from https://0-search-proquest-com.mercury.concordia.ca/docview/2081895459?accountid=10246
Francis, J. R., & Wang, D. (2008). The Joint Effect of Investor Protection and Big 4 Audits on Earnings Quality around the World*. Contemporary Accounting Research, 25(1), 157–191. doi: 10.1506/car.25.1.6
Georgiou, O. (2018). The Worth of Fair Value Accounting: Dissonance between Users and Standard Setters. Contemporary Accounting Research, 35(3), 1297–1331. doi: 10.1111/1911-3846.12342
Glorfeld, L. W. (1995). An Improvement on Horn’s Parallel Analysis Methodology for Selecting the Correct Number of Factors to Retain. Educational and Psychological Measurement, 55(3), 377-393. doi: 10.1177/0013164495055003002
Goh, B., Li, D., Ng, J., & Yong, K. (2015). Market pricing of banks’ fair value assets reported under SFAS 157 since the 2008 financial crisis. Journal of Accounting and Public Policy, 34(2), 129–145. doi: 10.1016/j.jaccpubpol.2014.12.002
Greenawalt, M. B., & Sinkey, J. F. (1988). Bank loan-loss provisions and the income-smoothing hypothesis: An empirical analysis, 1976–1984. Journal of Financial Services Research, 1(4), 301–318. doi: 10.1007/bf00235201
Hitz, J.-M., Ernstberger, J., & Stich, M. (2012). Enforcement of Accounting Standards in Europe: Capital-Market-Based Evidence for the Two-Tier Mechanism in Germany. European Accounting Review, 21(2), 253–281. doi: 10.1080/09638180.2011.641727
Hope, O., Jin, J., & Kang, T. (2006). Empirical Evidence on Jurisdictions that Adopt IFRS. Journal of International Accounting Research, 5(2), 1–20. doi: 10.2308/jiar.2006.5.2.1
Horn, J. L. (1965). A rationale and test for the number of factors in factor analysis. Psychometrika, 30(2), 179–185. doi: 10.1007/BF02289447
IAS Plus. (2011). IFRS 13 – Fair Value Measurement. Retrieved from https://www.iasplus.com/en/standards/ifrs/ifrs13
IFRS Foundation. (2011). IFRS 13 Fair Value Measurement. Retrieved from https://www.ifrs.org/issued-standards/list-of-standards/ifrs-13-fair-value-measurement/
IFRS Foundation. (2017, June 23). IFRS Canada. Retrieved from https://www.ifrs.org/use-around-the-world/use-of-ifrs-standards-by-jurisdiction/canada/#commitment
IFRS Foundation (2018, December 14). Post-implementation Review of IFRS 13 Fair Value Measurement. Retrieved from https://cdn.ifrs.org/-/media/project/pir-ifrs-13/published-documents/pir-ifrs-13-feedback-statement-dec-2018.pdf
Jackson, H. E., & Roe, M. J. (2009). Public and private enforcement of securities laws: Resource-based evidence. Journal of Financial Economics, 93(2), 207–238. doi: 10.1016/j.jfineco.2008.08.006
Kanagaretnam, K., Krishnan, G. V., & Lobo, G. J. (2010). An Empirical Analysis of Auditor Independence in the Banking Industry. The Accounting Review, 85(6), 2011–2046. doi: 10.2308/accr.2010.85.6.2011
Kanagaretnam, K., Lim, C. Y., & Lobo, G. J. (2010). Auditor reputation and earnings management: International evidence from the banking industry. Journal of Banking & Finance, 34(10). doi: 10.1016/j.jbankfin.2010.02.020
Kanagaretnam, K., Lim, C. Y., & Lobo, G. J. (2014). Effects of international institutional factors on earnings quality of banks. Journal of Banking & Finance, 39, 87–106. doi: 10.1016/j.jbankfin.2013.11.005
Kanagaretnam, K., Lobo, G. J., & Mathieu, R. (2003). Managerial Incentives for Income Smoothing Through Bank Loan Loss Provisions. Review of Quantitative Finance and Accounting, 20(1), 63–80. doi: 10.1023/a:1022187622780
Kaufmann, D., Kraay, A., & Mastruzzi, M. (2011). The Worldwide Governance Indicators: Methodology and Analytical Issues. Hague Journal on the Rule of Law, 3(2), 220–246. doi: 10.1017/S1876404511200046
Kolev, K. S. (2019). Do Investors Perceive Marking-to-Model as Marking-to-Myth? Early Evidence from FAS 157 Disclosure. Quarterly Journal of Finance, 9(2). doi: 10.1142/S2010139219500058
Kothari, S. P., Ramanna, K., & Skinner, D. J. (2010). Implications for GAAP from an analysis of positive research in accounting. Journal of Accounting and Economics, 50(2–3), 246–286. doi: 10.1016/j.jacceco.2010.09.003
Laeven, L., & Levine, R. (2009). Bank governance, regulation and risk taking. Journal of Financial Economics, 93(2), 259–275. doi: 10.1016/j.jfineco.2008.09.003
Landsman, W. R. (2007). Is fair value accounting information relevant and reliable? Evidence from capital market research. Accounting and Business Research, 37(sup1), 19–30. doi: 10.1080/00014788.2007.9730081
La Porta, R., Lopez-De-Silanes, F., & Shleifer, A. (2006). What Works in Securities Laws? The Journal of Finance, 61(1), 1–32. doi: 10.1111/j.1540-6261.2006.00828.x
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (2000). Investor protection and corporate governance. Journal of Financial Economics, 58(1–2), 3–27. doi: 10.1016/S0304-405X(00)00065-9
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. W. (1998). Law and Finance. Journal of Political Economy, 106(6), 1113–1155. doi: 10.1086/250042
Laux, C., & Leuz, C. (2009). The crisis of fair-value accounting: Making sense of the recent debate. Accounting, Organizations and Society, 34(6–7), 826–834. doi: 10.1016/j.aos.2009.04.003
Laux, C., & Leuz, C. (2010). Did Fair-Value Accounting Contribute to the Financial Crisis? Journal of Economic Perspectives, 24(1), 93–118. doi: 10.1257/jep.24.1.93
Leuz, C., Nanda, D., & Wysocki, P. (2003). Earnings management and investor protection: an international comparison. Journal of Financial Economics, 69(3), 505–527. doi: 10.1016/S0304-405X(03)00121-1
Leventis, S., & Dimitropoulos, P. (2012). The role of corporate governance in earnings management: experience from US banks. Journal of Applied Accounting Research, Volume 13(Issue 2), 161–177. doi: 10.1108/09675421211254858
Leventis, S., Dimitropoulos, P. E., & Anandarajan, A. (2011). Loan Loss Provisions, Earnings Management and Capital Management under IFRS: The Case of EU Commercial Banks. Journal of Financial Services Research, 40(1–2). doi: 10.1007/s10693-010-0096-1
Levine, R. (2004). The Corporate Governance of Banks: A Concise Discussion of Concepts and Evidence. World Bank Policy Research Working Paper 3404.
Liao, L., Kang, H., Morris, R. D., & Tang, Q. (2013). Information asymmetry of fair value accounting during the financial crisis. Journal of Contemporary Accounting & Economics, 9(2), 221–236. doi: 10.1016/j.jcae.2013.10.001
Lin, J. W., & Hwang, M. I. (2010). Audit Quality, Corporate Governance, and Earnings Management: A Meta‐Analysis. International Journal of Auditing, 14(1), 57–77. doi: 10.1111/j.1099-1123.2009.00403.x
Linsmeier, T. J. (2011). Financial Reporting and Financial Crises: The Case for Measuring Financial Instruments at Fair Value in the Financial Statements. Accounting Horizons, 25(2), 409–417. doi: 10.2308/acch-10024
Liu, C., & Ryan, S. G. (2006). Income Smoothing over the Business Cycle: Changes in Banks’ Coordinated Management of Provisions for Loan Losses and Loan Charge‐Offs from the Pre‐1990 Bust to the 1990s Boom. The Accounting Review, 81(2), 421–441. doi: 10.2308/accr.2006.81.2.421
Lobo, G. J. (2017). Accounting research in banking – A review. China Journal of Accounting Research, 10(1), 1–7. doi: 10.1016/j.cjar.2016.09.003
Ma, C. K. (1988). Loan Loss Reserves and Income Smoothing: the Experience In the U.S. Banking Industry. Journal of Business Finance & Accounting, 15(4), 487–497. doi: 10.1111/j.1468-5957.1988.tb00150.x
Macey, J. R., & O’Hara, M. (2003). The Corporate Governance of Banks. FRBNY Economic Policy Review, 9(1), 91–107.
Magnan, M. L. (2009). Fair Value Accounting and the Financial Crisis: Messenger or Contributor? Accounting Perspectives, 8(3), 189–213. doi: 10.1506/ap.8.3.1
Magnan, M., Menini, A., & Parbonetti, A. (2015). Fair value accounting: information or confusion for financial markets? Review of Accounting Studies, 20(1), 559–591. doi: 10.1007/s11142-014-9306-7
Martin, R. D., Rich, J. S., & Wilks, T. J. (2006). Auditing Fair Value Measurements: A Synthesis of Relevant Research. Accounting Horizons, 20(3). doi: 10.2308/acch.2006.20.3.287
Mazza, C. R., Hunton, J. E., & McEwen, R. A. (2011). Fair Value (U.S. GAAP) and Entity-Specific (IFRS) Measurements for Performance Obligations: The Potential Mitigating Effect of Benchmarks on Earnings Management. Journal of Behavioral Finance, 12(2), 68–77. doi: 10.1080/15427560.2011.575969
McDonough, R. P., & Shakespeare, C. (2015). Fair value measurement capabilities, disclosure, and the perceived reliability of fair value estimates: A discussion of Bhat and Ryan (2015). Accounting, Organizations and Society, 46, 96–99. doi: 10.1016/j.aos.2015.05.003  
Mechelli, A., & Cimini, R. (2018). Corporate governance, legal systems and value relevance of fair value estimates. Empirical evidence from the EU banking sector. Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad, 1–21. doi: 10.1080/02102412.2018.1471309
Miller, S., Minoiu, C., Wang, B., & Yang, T. (2019). Institutional Investors and Bank Earnings Management. SSRN Electronic Journal. doi: 10.2139/ssrn.3100101
Nelson, M. W., Elliott, J. A., & Tarpley, R. L. (2002). Evidence from Auditors about Managers’ and Auditors’ Earnings Management Decisions. The Accounting Review, 77(s-1), 175–202. doi: 10.2308/accr.2002.77.s-1.175
Ohlson, J. A. (1995). Earnings, Book Values, and Dividends in Equity Valuation. Contemporary Accounting Research, 11(2), 661–687. doi: 10.1111/j.1911-3846.1995.tb00461.x
Penman, S. H. (2007). Financial reporting quality: is fair value a plus or a minus? Accounting and Business Research, 37(sup1), 33–44. doi: 10.1080/00014788.2007.9730083
Preiato, J. P., Brown, P. R., & Tarca, A. (2013). Mandatory Adoption of IFRS and Analysts’ Forecasts: How Much Does Enforcement Matter? SSRN Electronic Journal. doi: 10.2139/ssrn.1499625
Prowse, S. (1997). Corporate Control in Commercial Banks. Journal of Financial Research, 20(4), 509–527. doi: 10.1111/j.1475-6803.1997.tb00263.x
Ramanna, K., & Watts, R. L. (2012). Evidence on the use of unverifiable estimates in required goodwill impairment. Review of Accounting Studies, 17(4), 749–780. doi: 10.1007/s11142-012-9188-5
Riedl, E., & Serafeim, G. (2011). Information Risk and Fair Values: An Examination of Equity Betas. Journal of Accounting Research, 49(4), 1083–1122. doi: 10.1111/j.1475-679X.2011.00408.x
Scheiner, J. H. (1981). Income smoothing: an analysis in the banking industry. Journal of Bank Research, 12(1), 119–123.
Siekkinen, J. (2016). Value relevance of fair values in different investor protection environments. Accounting Forum, 40(1), 1–15. doi: 10.1016/j.accfor.2015.11.001
Siekkinen, J. (2017). Board characteristics and the value relevance of fair values. Journal of Management & Governance, 21(2), 435–471. doi: 10.1007/s10997-016-9350-8
Song, C., Thomas, W. B., & Yi, H. (2010). Value Relevance of FAS No. 157 Fair Value Hierarchy Information and the Impact of Corporate Governance Mechanisms. The Accounting Review, 85(4), 1375–1410. doi: 10.2308/accr.2010.85.4.1375
Spamann, H. (2010). The “Antidirector Rights Index” Revisited. Review of Financial Studies, 23(2), 467–486. doi: 10.1093/rfs/hhp067
Tsalavoutas, I., André, P., & Evans, L. (2012). The transition to IFRS and the value relevance of financial statements in Greece. The British Accounting Review, 44(4), 262–277. doi: 10.1016/j.bar.2012.09.004
Venkatachalam, M. (1996). Value-relevance of banks’ derivatives disclosures. Journal of Accounting and Economics, 22(1–3), 327–355. doi: 10.1016/S0165-4101(96)00433-8
Véron, N. (2008). Fair Value Accounting is the Wrong Scapegoat for this Crisis. Accounting in Europe, 5(2), 63–69. doi: 10.1080/17449480802510542
Verriest, A., Gaeremynck, A., & Thornton, D. B. (2013). The Impact of Corporate Governance on IFRS Adoption Choices. European Accounting Review, 22(1), 39–77. doi: 10.1080/09638180.2011.644699
Watts, R. L. (2003). Conservatism in Accounting Part I: Explanations and Implications. Accounting Horizons, 17(3), 207–221. doi: 10.2308/acch.2003.17.3.207
Watts, R. L., & Zimmerman, J. L. (1978). Towards a Positive Theory of the Determination of Accounting Standards. The Accounting Review, 53(1), 112–134.
Xu, X. (2019). The association between fair value measurements and banks’ discretionary accounting choices. Advances in Accounting, 44, 108–120. doi: 10.1016/j.adiac.2018.12.007
Zingales, L. (1998). Corporate Governance. SSRN Electronic Journal. doi: 10.2139/ssrn.46906