Les déterminants de la politique de provisionnement des prêts accordés par les Banques Multilatérales de Développement

Jean-François Casta, Eric Paget-Blanc () and Marc-Arthur Diaye ()
Additional contact information
Jean-François Casta: DRM - Dauphine Recherches en Management - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres - CNRS - Centre National de la Recherche Scientifique
Eric Paget-Blanc: LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], UEVE - Université d'Évry-Val-d'Essonne
Marc-Arthur Diaye: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This paper examines the determinants of Loan Loss Provisioning by Multilateral Development Banks (MDBs). These entities provide financing for developing countries by raising funds on the capital markets. The objective of the paper is to explain the motivation of MDBs' management in the choice of their financial reporting methods in the context of IFRS (Signaling, Earning Management, Capitalmanagement). The empirical survey is based on a sample of 21 MDBs, including the largest institutions Data were obtained from the Bankscope database. The methodology is based on a linear regression using panel data with fixed effects on the 2013-2017 period. We conclude that the stock of provisions (Loan Loss Reserves) is significantly related to the level of Impaired Loans, but also tothe credit rating assigned to the bank. MDBs with low ratings tend to constitute large loan loss reserves, which can be explained by the willingness of management to signal the conservatism of its financial reporting to the bond market.

Keywords: Loan Loss Provision; Credit Rating; Earning Management; Multilateral Development Banks; Notation financière; Gestion du résultat; Modèle de provisionnement des pertes sur prêts; Banques multilatérales de développement (search for similar items in EconPapers)
Date: 2019-05-21
References: Add references at CitEc
Citations:

Published in 40e Congrès de l'Association Francophone de Comptabilité, May 2019, Paris, France

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-02282814

Access Statistics for this paper

More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().