Media coverage
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Media coverage
Title World Economic Forum Media name/outlet World Economic Forum Country/Territory United States Date 28/07/15 Description Did regulatory reforms that lower ed barriers to competition among U.S. banks increase or decrease the quality of information that banks disclose to the public and regulators ? We find that an intensification of competition reduce d abnormal accruals of loan loss provisions and the frequency with which banks restate financial statements The results indicate that competition reduces bank opacity, enhancing the ability of markets and regulators to monitor banks. URL https://www.weforum.org/agenda/2015/07/does-bank-regulation-and-competition-increase-transparency/ Persons Liangliang Jiang