作者：WAHLEN, JM
作者单位：University of North Carolina; University of North Carolina Chapel Hill
摘要：Commercial bank loan portfolios are typically 10 to 15 times larger than bank equity; therefore bank loan portfolio cash flows and default risks are likely to have an important impact on bank stock market values. Bank financial statements provide three separate disclosures of changing default risks: non-performing loans, loan loss provisions, and loan charge offs. This study analyzes each of these disclosures for information about future bank cash flows and examines how investors impound this ...
作者：BANKER, RD; HUGHES, JS
摘要：Recently, management accountants have focussed attention on the appropriate treatment of costs associated with resources committed to support activities which do not vary proportionally to production once initial capacities have been set. In one typical case, it is assumed that costs of committed resources will be incurred irrespective of actual usage, and increasing initial capacities to accommodate unexpected demand involves penalties above normal costs. There are at least two important issu...
