Barth, Mary E.; Gomez-Biscarri, Javier; Kasznik, Ron; … - School of Economics and Business Administration, … - 2012
variables. One of its advantages, however, is that it reduces the possibility of discretionary earnings management, given that … available-for-sale (AFS) securities allows for some degree of earnings and capital management: an AFS asset is reported at fair … provide evidence that fair value gains in AFS assets have consistently been used for earnings and capital management and that …