@article{jfa20221017,
author={{Boscia, Manuela Rodrigues and Dantas, Jos¨¦ Alves and Leone, Vitor and Kimura, Herbert},
title={Expected Credit Losses and Regulatory Capital: Effects of IFRS 9 in European Banks},
journal={Journal of Finance and Accounting},
volume={10},
number={1},
pages={49--59},
year={2022},
url={http://pubs.sciepub.com/jfa/10/1/7},
issn={2333-8857},
abstract={The purpose of this study was to determine the effects of adopting the ECL model on the regulatory capital of European banks, especially whether the post-IFRS 9 capital behaviour pattern suggests evidence of underestimated or excessive regulatory capital requirements in the pre-IFRS 9 period. The results of the empirical tests carried out using five different metrics, confirmed that, besides a significant capital buffers¡¯ reduction when the IFRS 9 was first adopted, there was, mostly likely, a regulatory capital underestimation in the period prior to the adoption of the ECL model, since there is evidence that efforts of capital recompositing were taken by the European banks after the implementation of the new accounting standard.},
doi={10.12691/jfa-10-1-7}
publisher={Science and Education Publishing}
}