IFRS 9 adoption and its impacts on banks’ credit impairment: an international perspective

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Autore principale: Carlos William Lima Ribeiro
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidade Estadual de Maringá 2024
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author Carlos William Lima Ribeiro
author_facet Carlos William Lima Ribeiro
contents IFRS 9 adoption and its impacts on banks’ credit impairment: an international perspective Carlos William Lima Ribeiro Jorge Luiz de Santana Rene Coppe Pimentel Bruno Meirelles Salotti Administración y Contabilidad Bank IAS 39 IFRS 9 Value Relevance Credit Impairment Objective: This paper analyzes the initial impacts of IFRS 9 adoption on banks’ credit impairment level in an international perspective. Specifically, we analyze the impact on banks' financial position and performance, the bank- and country-specific determinants of the impairment magnitudes and the informational effects of the new standard.Method: The study is based on a sample of 149 listed banks from 12 countries from G20 and bivariate and multivariate analyses are applied.Results: Results indicate that credit impairment recognized under IFRS 9 is larger than under IAS 39, suggesting a more conservative accounting model and that the new standard affected banks’ performance and financial position. We show that IFRS 9 implementation was significantly different among countries, especially between high- and low-income countries and the information under IFRS 9 is more value-relevant than IAS39.Contributions: We add to the previous literature by documenting the initial impact of IFRS 9 implementation on financial statements and on value relevance, as well as the bank- and country-specific determinants of the level of this impact. 2024 artículo científico 1517-9087 https://www.redalyc.org/articulo.oa?id=307179074001 https://www.redalyc.org/journal/3071/307179074001/ https://www.redalyc.org/journal/3071/307179074001/html/ https://www.redalyc.org/journal/3071/307179074001/307179074001.epub https://www.redalyc.org/journal/3071/307179074001/movil 10.4025/enfoque.v43i3.64183 en http://www.redalyc.org/revista.oa?id=3071 Enfoque: Reflexão Contábil application/pdf Universidade Estadual de Maringá Enfoque: Reflexão Contábil (Brasil) Num.3 Vol.43
format Artículo científico
id redalyc_307179074001
institution Redalyc
language en
publishDate 2024
publisher Universidade Estadual de Maringá
spellingShingle IFRS 9 adoption and its impacts on banks’ credit impairment: an international perspective
Carlos William Lima Ribeiro
Administración y Contabilidad
Bank
IAS 39
IFRS 9
Value Relevance
Credit Impairment
IFRS 9 adoption and its impacts on banks’ credit impairment: an international perspective Carlos William Lima Ribeiro Jorge Luiz de Santana Rene Coppe Pimentel Bruno Meirelles Salotti Administración y Contabilidad Bank IAS 39 IFRS 9 Value Relevance Credit Impairment Objective: This paper analyzes the initial impacts of IFRS 9 adoption on banks’ credit impairment level in an international perspective. Specifically, we analyze the impact on banks' financial position and performance, the bank- and country-specific determinants of the impairment magnitudes and the informational effects of the new standard.Method: The study is based on a sample of 149 listed banks from 12 countries from G20 and bivariate and multivariate analyses are applied.Results: Results indicate that credit impairment recognized under IFRS 9 is larger than under IAS 39, suggesting a more conservative accounting model and that the new standard affected banks’ performance and financial position. We show that IFRS 9 implementation was significantly different among countries, especially between high- and low-income countries and the information under IFRS 9 is more value-relevant than IAS39.Contributions: We add to the previous literature by documenting the initial impact of IFRS 9 implementation on financial statements and on value relevance, as well as the bank- and country-specific determinants of the level of this impact. 2024 artículo científico 1517-9087 https://www.redalyc.org/articulo.oa?id=307179074001 https://www.redalyc.org/journal/3071/307179074001/ https://www.redalyc.org/journal/3071/307179074001/html/ https://www.redalyc.org/journal/3071/307179074001/307179074001.epub https://www.redalyc.org/journal/3071/307179074001/movil 10.4025/enfoque.v43i3.64183 en http://www.redalyc.org/revista.oa?id=3071 Enfoque: Reflexão Contábil application/pdf Universidade Estadual de Maringá Enfoque: Reflexão Contábil (Brasil) Num.3 Vol.43
title IFRS 9 adoption and its impacts on banks’ credit impairment: an international perspective
topic Administración y Contabilidad
Bank
IAS 39
IFRS 9
Value Relevance
Credit Impairment
url https://www.redalyc.org/articulo.oa?id=307179074001
https://www.redalyc.org/journal/3071/307179074001/
https://www.redalyc.org/journal/3071/307179074001/html/
https://www.redalyc.org/journal/3071/307179074001/307179074001.epub
https://www.redalyc.org/journal/3071/307179074001/movil