Fair value and the subprime crisis: Does fair value accounting account for systemic failure of banking sector?

Fair value accounting has stimulated growing debate amount practitioners and academics under ongoing financial crisis. It is augured that fair value accounting result in strong mutually reinforcing pro-cyclical effects, provoking negative contagion in financial markets. This dissertation is aimed to...

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Bibliographic Details
Main Author: Yi, Feng
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/22800/