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Watch out for bailout: TARP and bank earnings management
We study the impact of the recent government bailout, called Trouble Asset Relief Program (TARP), on bank accounting quality. By adopting a difference-in-difference (DID) method, we find a significantly positive impact of TARP on earnings management of recipient banks, compared with their non-recipi...
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Main Authors: | , , , |
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Format: | Default Article |
Published: |
2020
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Subjects: | |
Online Access: | https://hdl.handle.net/2134/12996803.v1 |
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