PLANTIN, GUILLAUME; SAPRA, HARESH; SHIN, HYUN SONG - In: Journal of Accounting Research 46 (2008) 2, pp. 435-460
<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>Financial institutions have been at the forefront of the debate on the controversial shift in international standards from historical cost accounting to mark-to-market accounting. We show that the trade-offs at stake in this debate are far from one-sided. While the historical cost regime...
