The Rise of Deferred Tax Assets in Japan: The Case of the Major Japanese Banks
The Rise of Deferred Tax Assets in Japan: The Case of the Major Japanese Banks
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日本递延税资产的崛起：以日本主要银行为例
DOI：
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发表时间：
2005
期刊：
影响因子：
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通讯作者：
Douglas J. Skinner
中科院分区：
文献类型：
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作者：
Douglas J. Skinner
本文以最近的理索纳银行倒闭为例，介绍了递延所得税会计在日本各大银行的金融危机中所发挥的作用。笔者认为，递延所得税会计：（1）日本政府，包括银行监管机构，在经济困难的情况下，为了使大银行的整体财务状况看起来良好而使用了递延所得税会计;（2）当经济状况恶化时，这些银行的管理者为了提高银行的监管资本水平而使用了递延所得税会计。我提出的证据基本上与这些论点一致，支持经济学家的观点，即会计在帮助日本政府推迟改革主要银行的政治困难任务方面发挥了作用。
This paper describes the role that accounting for deferred taxes has played in the ongoing financial crisis among the major Japanese banks, as dramatized most vividly by the recent collapse of Resona Bank. I argue that deferred tax accounting: (1) has been used by the Japanese Government, including bank regulators, to help give the major banks collectively the appearance of financial well-being in spite of their economic difficulties, and (2) that managers of these banks have used deferred tax accounting to bolster their banks' regulatory capital levels when their economic circumstances deteriorate. I present evidence that is generally consistent with these arguments, supporting economists' views that accounting has played a role in helping the Japanese Government to postpone the politically difficult task of reforming the major banks.