Publications Database
Welcome to the new Schulich Peer-Reviewed Publication Database!
The database is currently in beta-testing and will be updated with more features as time goes on. In the meantime, stakeholders are free to explore our faculty’s numerous works. The left-hand panel affords the ability to search by the following:
- Faculty Member’s Name;
- Area of Expertise;
- Whether the Publication is Open-Access (free for public download);
- Journal Name; and
- Date Range.
At present, the database covers publications from 2012 to 2020, but will extend further back in the future. In addition to listing publications, the database includes two types of impact metrics: Altmetrics and Plum. The database will be updated annually with most recent publications from our faculty.
If you have any questions or input, please don’t hesitate to get in touch.
Search Results
Alexander Coutts (2024). "The Age of Consequences: Unraveling Conflict’s Impact on Social Preferences, Norm Enforcement, and Risk-Taking", Journal of Economic Behavior & Organization, 218, 48-67.
Abstract
Beyond the direct destructive nature of war, conflict may also impact social preferences, norms, and risk-taking behavior. This paper examines the enduring impact of conflict on preferences and behavior by studying different versions of public goods games conducted nearly two decades after the Rwandan genocide, leveraging variation in radio reception among villages in 1994, which determined exposure to hate-propaganda messages inciting conflict. Results indicate that communities exposed to greater violence exhibit increased cooperation, active punishment, and risk-taking. Exploiting the heterogeneity in participants' ages of conflict experience, enhanced cooperation is entirely driven by those who were children during the genocide, while norm enforcement through punishment and reward is more prominent among older individuals. Risk-taking increases are observed across all age groups. The results allow for a reassessment of previous research and highlight the psychological imprint of conflict exposure in line with the literature on early childhood development.Kanagaretnam, K., Jin, J.Y. and Lobo, G.J. (2018). "Discretion in Bank Loan Loss Allowance, Risk Taking and Earnings Management", Accounting & Finance, 58(1), 171-193.
Abstract
We study whether bank managers’ use their discretion in estimating the allowance for loan losses (ALL) for efficiency or for opportunistic reasons. We do so by examining whether the use of this discretion relates to bank stability and bank risk taking, or whether it relates to earnings management to meet or beat earnings benchmarks. We find that banks that had higher abnormal ALL during the period prior to the 2007-2009 financial crisis engaged in less risk taking during the pre-crisis period and had a lower probability of failure during the crisis period. In tests related to earnings management to meet or beat earnings benchmarks, we find that abnormal ALL is unrelated to next period’s loss avoidance and just meeting or beating the prior year’s earnings. Our results suggest that bank managers use their discretion over ALL for efficiency and not for opportunistic purposes. They inform policy makers and accounting standard setters on banks’ use of accounting discretion as a means to build a cushion against future credit losses as they transition from the incurred loss model to the expected loss model for loan loss accounting.Kanagaretnam, K., Jin, J.Y., Lobo, G.J. and Mathieu, R. (2017). "Social Capital and Bank Stability", Journal of Financial Stability, 32, 99-114.
Abstract
Using a sample of public and private banks, we study how social capital relates to bank stability. Social capital, which captures the level of cooperative norms in society, is likely to reduce opportunistic behavior (Jha and Chen 2015; Hasan et al. 2016) and, therefore, act as an informal monitoring mechanism. Consistent with our expectations, we find that banks in high social capital regions experienced fewer failures and less financial trouble during the 2007–2010 financial crisis than banks in low social capital regions. In addition, we find that social capital is negatively associated with abnormal risk-taking and positively associated with accounting transparency and accounting conservatism in the pre-crisis period of 2000–2006, indicating that risk-taking, accounting transparency, and accounting conservatism are possible channels through which social capital affected bank stability during the crisis.Kanagaretnam, K., Lobo, G.J., Wang, C. and Whalen, D.J. (2015). "Religiosity and Risk-taking in International Banking", Journal of Behavioral and Experimental Finance, 7, 42-59.
Abstract
We examine the relationship between religiosity and risk-taking in the international banking sector. Previous research indicates that individuals who are more religious have greater risk aversion. Additionally, prior literature documents a positive relation between religiosity and both financial accounting transparency and timely recognition of bad news. Given timely recognition of future loan losses, religiosity could constrain excessive risk-taking through enhanced internal and external monitoring. We hypothesize and find that banks located in more religious countries exhibit lower levels of risk in their decision-making. We also demonstrate that banks in more religious countries were less likely to encounter financial difficulty or fail during the 2007–2009 financial crisis.Kanagaretnam, K., Lim, C.Y. and Lobo, G.J. (2014). "Influence of National Culture on Accounting Conservatism and Risk-Taking in the Banking Industry", The Accounting Review, 89(3), 1115-1149.