The effect of financial risks on the earnings response in Australian Bank Stocks.

Financial institutions are often treated differently from non-financial businesses. Therefore, this paper uses the concept from earnings response literature and extended with the banking risk management measures to find out whether the estimated financial risks have incremental content beyond earni...

Full description

Bibliographic Details
Main Authors: Cheng, Fan-fah, Nasir, Annuar
Format: Article
Language:English
English
Published: EuroJournals Publishing, Inc. 2008
Online Access:http://psasir.upm.edu.my/id/eprint/17083/
http://psasir.upm.edu.my/id/eprint/17083/1/The%20effect%20of%20financial%20risks%20on%20the%20earnings%20response%20in%20Australian%20Bank%20Stocks.pdf
_version_ 1848843142632046592
author Cheng, Fan-fah
Nasir, Annuar
author_facet Cheng, Fan-fah
Nasir, Annuar
author_sort Cheng, Fan-fah
building UPM Institutional Repository
collection Online Access
description Financial institutions are often treated differently from non-financial businesses. Therefore, this paper uses the concept from earnings response literature and extended with the banking risk management measures to find out whether the estimated financial risks have incremental content beyond earnings. This new procedure discovers that Australia investors priced the credit risk, which is measure by the provision for bad and doubtful debts, significantly in the earnings response valuation. This finding suggests the relevant of the credit exposure in the Australia banks using the latest data.
first_indexed 2025-11-15T08:10:20Z
format Article
id upm-17083
institution Universiti Putra Malaysia
institution_category Local University
language English
English
last_indexed 2025-11-15T08:10:20Z
publishDate 2008
publisher EuroJournals Publishing, Inc.
recordtype eprints
repository_type Digital Repository
spelling upm-170832015-11-24T04:22:55Z http://psasir.upm.edu.my/id/eprint/17083/ The effect of financial risks on the earnings response in Australian Bank Stocks. Cheng, Fan-fah Nasir, Annuar Financial institutions are often treated differently from non-financial businesses. Therefore, this paper uses the concept from earnings response literature and extended with the banking risk management measures to find out whether the estimated financial risks have incremental content beyond earnings. This new procedure discovers that Australia investors priced the credit risk, which is measure by the provision for bad and doubtful debts, significantly in the earnings response valuation. This finding suggests the relevant of the credit exposure in the Australia banks using the latest data. EuroJournals Publishing, Inc. 2008 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/17083/1/The%20effect%20of%20financial%20risks%20on%20the%20earnings%20response%20in%20Australian%20Bank%20Stocks.pdf Cheng, Fan-fah and Nasir, Annuar (2008) The effect of financial risks on the earnings response in Australian Bank Stocks. Journal of Money, Investment and Banking (6). pp. 17-26. ISSN 1450-288X English
spellingShingle Cheng, Fan-fah
Nasir, Annuar
The effect of financial risks on the earnings response in Australian Bank Stocks.
title The effect of financial risks on the earnings response in Australian Bank Stocks.
title_full The effect of financial risks on the earnings response in Australian Bank Stocks.
title_fullStr The effect of financial risks on the earnings response in Australian Bank Stocks.
title_full_unstemmed The effect of financial risks on the earnings response in Australian Bank Stocks.
title_short The effect of financial risks on the earnings response in Australian Bank Stocks.
title_sort effect of financial risks on the earnings response in australian bank stocks.
url http://psasir.upm.edu.my/id/eprint/17083/
http://psasir.upm.edu.my/id/eprint/17083/1/The%20effect%20of%20financial%20risks%20on%20the%20earnings%20response%20in%20Australian%20Bank%20Stocks.pdf