Now showing items 1-6 of 6

    • Do Bank Managers Strategically Exploit the Wiggle Room in Loan Loss Provisioning for Securitized Loan Seller’s Interests? 

      Yi, Lin (August 201)
      Extant literature on the use of securitization as an earnings management tool focuses solely on the one-off use of securitization gains/losses to manage earnings at the inception of securitization transactions. In contrast, ...
    • Does Tightening Auditing Standards Improve or Impair Welfare? 

      Ruan, Lijun (2019-05)
      This study investigates the effects of tightening auditing standards in a setting of an oligopolistic audit market and a competitive capital market. I look at how tightening auditing standards affects audit quality, audit ...
    • Essays on Retail Lending 

      Carmichael, Don (2019-05)
      My dissertation consists of three essays on retail lending. In the first essay, using data from Lending Club and Prosper, the two largest peer-to-peer lenders in the U.S., I provide evidence of adverse selection in the ...
    • Managerial Overconfidence and Bank Loan Contracting 

      Yu, Xiaoou (August 201)
      I study the effect of managerial overconfidence on bank loan contracting. I find empirical evidence supporting that overconfidence as a personal trait of borrowing firm’s manager impacts loan contracting terms. Specifically, ...
    • Prudential Regulation and Bank Accounting 

      Zhang, Yan (2019-05)
      This study focuses on how to design a mechanism that coordinates prudential regulation and bank accounting. I study a setting in which a bank chooses its loan quality and makes its asset substitution decision. The social ...
    • The Effects of Credits Default Swaps on Analyst Forecasting 

      Ekici, Emrah (August 201)
      This research studies the effect of development of the CDS market; one of the most important financial innovations in recent times, on financial analysts’ forecast characteristics. I examine whether and how the revelation ...