Publicly-Traded versus Privately-Held: Implications for Bank Profitability, Growth, Risk, and Accounting Conservatism D. Craig Nichols Assistant Professor of Accounting Johnson Graduate School of Management Cornell University

@inproceedings{Wahlen2005PubliclyTradedVP,
  title={Publicly-Traded versus Privately-Held: Implications for Bank Profitability, Growth, Risk, and Accounting Conservatism D. Craig Nichols Assistant Professor of Accounting Johnson Graduate School of Management Cornell University},
  author={James M. Wahlen and Matthew M. Wieland},
  year={2005}
}
Publicly-traded and privately-held banks differ along dimensions of control structure and capital market access. We develop and test predictions about the effects that these differences have on banks’ profitability, growth, risk, and financial reporting. Our empirical results are consistent with our predictions. We predict and find that public banks have lower profitability but faster growth in assets and contributed equity capital than private banks, after controlling for the choice to be… CONTINUE READING
3 Citations
7 References
Similar Papers

Citations

Publications citing this paper.

References

Publications referenced by this paper.
Showing 1-7 of 7 references

Earnings quality in U.K. private firms

  • R. Ball, L. Shivakumar
  • Journal of Accounting
  • 2005
Highly Influential
18 Excerpts

The effects of taxes, agency costs and information asymmetry on

  • A. Beatty, D. Harris
  • 1998
Highly Influential
3 Excerpts

Conservatism in accounting part I: explanations and implications

  • R. Watts
  • Journal of Financial Economics
  • 2004
2 Excerpts

Accounting Theory: An Information Content Perspective

  • J. Christensen, J. Demski
  • banks. The Accounting Review
  • 2003
2 Excerpts

positions: Public and private firms

  • M. Jensen, W. Meckling
  • Journal of Accounting Research
  • 2003

Earnings management to avoid earnings declines across publicly

  • B. Ke, K. Petroni
  • 2002
1 Excerpt

The use of financial accounting choice to support aggressive tax

  • C. B. Education. Cloyd, J. Pratt, T. Stock
  • 1996
1 Excerpt

Similar Papers

Loading similar papers…