Download Free Quality Of Disclosure In Annual Reports Of Commercial Banks In India Book in PDF and EPUB Free Download. You can read online Quality Of Disclosure In Annual Reports Of Commercial Banks In India and write the review.

The study examines the disclosure practices of commercial banks in India by carrying out a comparative analysis of public and private sector banks. It also finds out the highest and the least disclosed elements of banking disclosures. Finally it studies the impact of selected bank attributes on disclosure levels. The study is based on the secondary data which has been suitably tabulated and analyzed with the help of statistical techniques like z-test, ANOVA and multiple regression. The study concludes that there has been growth in the level of disclosure in almost all the banks. The results further reveal that public sector banks are disclosing more as compared to private sector banks. The study further identifies risk and corporate governance elements as the major areas where banks can improve their disclosures. Finally quality of management, age and ownership of the banks are the most significant variables influencing disclosures.
Governance is a reform package to strengthen the corporate for making them more accountable, open, transparent, democratic and participatory. Governance in banks is a more complex issue than in other sectors because bank activities are less transparent and thus it is more difficult for shareholders and creditors to monitor their activities. The core of governance rests on the quality of transparency and disclosure. Protecting the interest of the depositors is a matter of paramount importance to banks. Regulators have recognized the vulnerability of depositors to the whims of managerial misadventures in banks and therefore have been regulating the banks more tightly than other corporate. There seems to be a little question concerning the need for serious research in the area of reporting practices of commercial banks. Financial disclosure is an effective communication of accounting information to its users for decision making. The users of financial statements should be in a position to evaluate and assess the company's earnings performance and financial position, so that, they are able to make intelligent investment decisions necessary for efficient allocation of scarce resources.
Financial institutions have to follow International regulatory requirements and national regulations for risk management disclosure. International regulations are developed by Basel Committee of Banking Supervision (known as Basel II and Basel III) and International Financial Reporting Standards (IFRS 7) introduced by International Accounting Standards Board. National requirements in Lithuanian are developed by Lithuanian central bank. Financial institutions, banks, are expected to provide timely and transparent information about risk exposures, correspondence to minimum regulatory requirements, risk computation methods etc. Still there are some questions raised how these de facto regulations are implemented in practice.The goal of empirical research was to investigate the extent of risk management disclosure in Lithuanian commercial banks financial statements. Data sample constituted of 7 commercial banks that are legally registered in Lithuania: AB “Swedbank”, AB “SEB”, AB “DNB”, AB “Citadele”, AB “Medicinos Bankas”, AB “Šiaulių bankas”, AB “Finasta”. The period of 2009 - 2013 was analysed. The content analysis as analytical tool was employed. Research criteria were divided into 5 major groups: general policy, capital adequacy, credit risk, market risk, and operational risk. In total 34 criterions were developed. Coding of text was performed by counting words for each criterion. Our evidence supports the conjecture that Lithuanian commercial banks provide more and more risk reporting. Also, we find that the extent of risk management disclosure is greater with the bigger size of reporting bank. Meanwhile, the extent for different risk management disclosure varies significantly: credit risk management is most reported risk. Further investigations on risk management disclosure in commercial banks should be focused on other reports first, such as annual reports or additional reports, which are provided by banks. Second, the sample of research is limited and in order to obtain more accurate results it is necessary to expand it. Moreover, authors did not examine liquidity risk, which could be relevant to the results, especially when Basel III accord is in the implementation stage. Third, counting unit can be changed from words to sentences, because sometimes separate words are meaningless and finally, future researches could be focused not only on extent of disclosed information, but also concentrate on the quality of provided information.
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
This paper examines how public disclosure of banks’ risk exposure affects banks’ risk-taking incentives and assesses how the presence of informed depositors influences the soundness of the banking system. It finds that, when banks have complete control over the volatility of their loan portfolios, public disclosure reduces the probability of banking crises. However, when banks do not control their risk exposure, the presence of informed depositors may increase the probability of bank failures.