Results 181 to 190 of about 669 (248)

Do Fair Value Adjustments Excluded From Net Income Convey New Information That Is Complementary to GAAP Earnings?

open access: yesJournal of Business Finance &Accounting, Volume 53, Issue 4, Page 1409-1436, August 2026.
ABSTRACT We use banks’ quarterly fair value disclosures to perform the first short‐window event study of fair value adjustments excluded from net income and offer three main results. First, we find that fair value adjustments for banks’ loan portfolios are positively associated with short‐window stock returns and that they impact investors’ response to
John L. Campbell   +2 more
wiley   +1 more source

A framework for evaluating predicted sperm trajectories in crowded microscopy videos. [PDF]

open access: yesPLoS Comput Biol
Hart D   +4 more
europepmc   +1 more source

Banks of a Feather: The Informational Advantage of Being Alike

open access: yesJournal of Money, Credit and Banking, Volume 58, Issue 5, Page 1257-1297, August 2026.
Abstract Banks lend more to banks that are similar to them. Using data from the German credit register and proprietary supervisory data on the quality of banks' loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps to overcome information asymmetries in interbank markets.
PETER BEDNAREK   +3 more
wiley   +1 more source

Quote Competition in Corporate Bonds

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 2165-2216, August 2026.
ABSTRACT Dealer quotes in corporate bonds, though indicative, lower trading costs and increase trading volume. Dealers offering higher quality quotes attract more order flow and execute trades at favorable prices. Dealers advertise quotes to manage their inventories and attract orders from nonrelationship clients.
TERRENCE HENDERSHOTT   +4 more
wiley   +1 more source

Bank Competition Amid Digital Disruption: Implications for Financial Inclusion

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 1951-2004, August 2026.
ABSTRACT We examine how digital disruption affects bank competition using the staggered rollout of 3G mobile networks. 3G expansion increased mobile banking adoption among tech‐savvy households, reducing branch networks—especially in younger counties.
ERICA XUEWEI JIANG   +2 more
wiley   +1 more source

Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 2331-2370, August 2026.
ABSTRACT We show that FX interventions can be effective, particularly in attenuating global financial spillovers. We exploit global financial shocks and Brazilian central bank interventions in FX derivatives using three matched administrative registers: bank credit (to firms), foreign credit to banks, and employer‐employees. After the U.S.
RODRIGO BARBONE GONZALEZ   +3 more
wiley   +1 more source

The Debt‐Equity Spread

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 2005-2062, August 2026.
ABSTRACT We propose a measure of the valuation gap between debt and equity—debt‐equity spread (DES)—based on the difference between actual and equity‐implied credit spreads. DES predicts cross‐sectional stock and bond returns in opposite directions.
HUI CHEN, ZHIYAO CHEN, JUN LI
wiley   +1 more source

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