Operational Risk Disclosures in Financial Institutions

Sundmacher, Maike; Ford, Guy

doi:10.2139/ssrn.963244

Cited by 3 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…These categories should be given more emphasis during crisis periods. In addition, there is a variety in the extracted items (Sundmacher & Ford, 2006), which enriches the study and helps the potential researchers to start new studies in the effect of the COVID-19 pandemic on various aspects of accounting reporting practices. Moreover, the five categories are comprehensive as they consistent with the definition of corporate risk disclosure as suggested by Hassan (2009).…”

Section: Categories Of Risk Disclosurementioning

confidence: 99%

Risk Disclosure Patterns among Jordanian Companies: An Exploratory Study during Covid-19 Pandemic

Al-Sawalqa

2020

AFR

View full text Add to dashboard Cite

This current exploratory study comes at a critical time to determine the risk disclosure pattern of Jordanian companies during Covid-19 pandemic in response to the request of JSC for Jordanian listed companies to prepare and send disclosure reports include the effect of Covid-19 pandemic on their activities in terms of material events, operational activities and the decisions of board of directors during the period of disclosure suspension extending from March 18, 2020 to May 5, 2020. Based on all the non-financial companies that listed in the first market, the results of the study indicated that the entire study sample (100%) did send the disclosure reports to JSC. In terms of the quality of disclosed risks, extraction process resulted in finding 20 risk items distributed over 5 categories. The results show that the average disclosure level is 65.6%, with the operational category ranked first and followed by investor relation category, financial category, strategic category and finally the market category. Results show that those sectors that were suspended completely during Covid-19 pandemic provided risk disclosures in all categories and vice versa. In addition to the several implications, the study offers many avenues for future study based on the risk disclosure model of the current study.

show abstract

Section: Categories Of Risk Disclosurementioning

confidence: 99%

Risk Disclosure Patterns among Jordanian Companies: An Exploratory Study during Covid-19 Pandemic

Al-Sawalqa

2020

AFR

View full text Add to dashboard Cite

show abstract

“…Barakat et al 2014, Benaroch et al 2012, Chernobai et al 2011, Cummins et al 2006, Gillet et al 2010. Another research method is content analysis performed upon operational risk reports (Oliveira et al 2011, Sundmacher & Ford 2006. Few studies take a mathematical modeling approach (Ebnöther et al 2003, Leippold & Vanini, 2005.…”

Section: Introductionmentioning

confidence: 99%

Readability of Operational Risk Disclosures of Banks

Mocanu

Grose

Kargidis

2019

Studies in Business and Economics

View full text Add to dashboard Cite

Operational risk has been acknowledged as a major source of material failures in financial firms. Despite the increased concern of financial institutions and their stakeholders on this topic, the literature that deals specifically with the operational risk disclosure in the banking system is scarce. The present research investigates the readability in transparency reports of Romanian banks, and focuses in particular on the operational risk disclosures. The sample consists of 13 commercial banks operating in Romania in 2017. A concise transparency report is characterized by clarity in the expression of concepts, usage of as few words as possible, limited use of technical terms and avoidance of highly generic disclosures. Drawing upon prior research, we expect that banks with lower levels of performance are foggier (i.e. less concise) in order to improve the image resulting from their transparency reports. Additionally, it is expected that the longer an entity has been established, the higher the quality of disclosures, thus the transparency reports of older banks are more concise compared to the recently established banks. Moreover, we posit that larger banks are more likely to provide more readable reports. The research is part of the larger debate related to disclosure and its various impacts on both the recipient and the giver of information. The main contribution is the innovative approach consisting in the textual analysis of transparency risk reports. To the best of our knowledge, we are not aware of any study that examined conciseness in the setting of operational risk disclosure by banks.

show abstract

Operational Risk Disclosure Practices in Emerging Economies

Soni

Kumar²

2020

Civic Engagement in Social and Political Constructs

View full text Add to dashboard Cite

Risk disclosures provide an insight into the risk management policies and practices adopted by institutions and are useful in assessing the risk for various stakeholder groups. With the increasing incidence and complexity of operational risks in banks, it is imperative for banks to establish and follow suitable operational risk disclosure practices. The chapter attempts to examine the operational risk disclosure practices and the impact of bank specific characteristics on disclosure practices among Indian banks. Findings indicate disclosure levels to be inadequate, showing an insignificant improvement over the years. Bank profitability and depositor confidence significantly impact disclosure practices. The authors suggest that Indian banks should enhance their current operational risk disclosure levels to communicate to the stakeholders about the strength of their operational risk management framework. The Reserve Bank of India may issue new guidelines with respect to minimum disclosure requirements on operational risk to improve the quality of disclosures.

show abstract

Operational Risk Disclosures in Financial Institutions

Cited by 3 publications

References 0 publications

Risk Disclosure Patterns among Jordanian Companies: An Exploratory Study during Covid-19 Pandemic

Risk Disclosure Patterns among Jordanian Companies: An Exploratory Study during Covid-19 Pandemic

Readability of Operational Risk Disclosures of Banks

Operational Risk Disclosure Practices in Emerging Economies

Contact Info

Product

Resources

About