dc.contributor.author | Nahar, Shamsun | |
dc.contributor.author | Azim, Mohammad I. | |
dc.contributor.author | Jubb, Christine | |
dc.date.accessioned | 2018-10-17T02:49:06Z | |
dc.date.available | 2018-10-17T02:49:06Z | |
dc.date.issued | 2016 | |
dc.identifier.issn | 1834-7649 | |
dc.identifier.doi | 10.1108/IJAIM-02-2016-0016 | |
dc.identifier.uri | http://hdl.handle.net/10072/124140 | |
dc.description.abstract | Purpose – This study aims to examine the relationship among corporate risk disclosure, cost of equity
capital and performance within banking institutions in a developing country setting. The authors argue
that corporate risk disclosure reduces the cost of capital as investors attain better information and have
confidence in the business and that less risk disclosure may generate ambiguity for potential
stakeholders.
Design/methodology/approach – This study uses the population of all 30 listed banks on the
Dhaka Stock Exchange, Bangladesh, for the years 2006 to 2012 and uses three-stage least-squares
simultaneous equations to deal with endogeneity issues.
Findings – There is evidence that Bangladesh has voluntarily adopted the International Financial
Reporting Standard 7 – Financial Instruments: Disclosures (IFRS 7) and Basel II: Market Discipline and
that these standards enhance risk disclosure even where compliance is not compulsory. The cost of
capital is found to be negatively associated with risk disclosure, which has an inverse relationship with
bank performance.
Originality/value – This study provides a link between risk disclosure, cost of capital and
performance. It fills a gap in the literature by providing a longitudinal study of risk disclosure in the
banking sector of Bangladesh. This research also highlights the importance of appropriate risk
disclosure for banks and suggests its importance in the process of fulfilling stakeholders’ demands. | |
dc.description.peerreviewed | Yes | |
dc.language | English | |
dc.language.iso | eng | |
dc.publisher | Emerald Group Publishing | |
dc.relation.ispartofpagefrom | 476 | |
dc.relation.ispartofpageto | 494 | |
dc.relation.ispartofissue | 4 | |
dc.relation.ispartofjournal | International Journal of Accounting & Information Management | |
dc.relation.ispartofvolume | 24 | |
dc.subject.fieldofresearch | Information systems | |
dc.subject.fieldofresearch | Accounting, auditing and accountability | |
dc.subject.fieldofresearch | Accounting, auditing and accountability not elsewhere classified | |
dc.subject.fieldofresearch | Banking, finance and investment | |
dc.subject.fieldofresearchcode | 4609 | |
dc.subject.fieldofresearchcode | 3501 | |
dc.subject.fieldofresearchcode | 350199 | |
dc.subject.fieldofresearchcode | 3502 | |
dc.title | Risk disclosure, cost of capital and bank performance | |
dc.type | Journal article | |
dc.type.description | C1 - Articles | |
dc.type.code | C - Journal Articles | |
gro.hasfulltext | No Full Text | |
gro.griffith.author | Nahar, Shamsun | |