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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Bibliographic Details
Main Authors: Yaoyao Fan, Yichu Huang, Yuxiang Jiang, Hong Liu
Format: Default Article
Published: 2020
Subjects:
Online Access:https://hdl.handle.net/2134/12996803.v1
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