Managing Financial Reports of Commercial Banks: The Influence of Taxes, Regulatory Capital, and Earnings
研究银行如何通过调整交易和应计项目的时间与规模，同时实现资本、税收和盈余目标，并允许这些决策相互影响。
This paper investigates how banks alter the timing and magnitude of transactions and accruals to achieve primary capital, tax, and earnings goals. Recent research, including Moyer [1990], Scholes, Wilson, and Wolfson [1990], and Collins, Shackelford, and Wahlen [1995], provides evidence that banks execute transactions and manage accruals to achieve some or all of these objectives. A common feature of these studies is the assumption that when managers make a particular accrual or transaction decision, all other decisions are fixed. We relax this assumption and allow such decisions to be determined simultaneously.