Disclosure of risk information in the European banking sector

• Authors: Emilia Klepczarek

Title variants

Zakres informacji o ryzyku ujawnianych w podmiotach europejskiego sektora bankowego

• Languages of publication: EN

Abstracts

EN

A debate on the scope of bank information disclosures seems to be essential, especially after the Global Financial Crisis. The adequate quantity of data provided to the public domain is a condition of transparency of the banking sector which should assure the optimization of market participants’ decisions. There is also a tendency to unify global accountancy standards, and they are expected to ensure the same scope of disclosed information for the global financial market. The aim of the study is to investigate if there are any differences with the number of risk disclosures among the banks using GAAP and IFRS accounting standards, and if more stable banking sectors tend to report a wider scope of data. Finding out the nature of the determinants of disclosures is an important aspect in terms of working out the procedures which will increase the transparency and stability of the financial markets.

PL

Doświadczenia globalnego kryzysu finansowego sprawiły, że debata nad zakresem informacji ujawnianych przez banki nabrała szczególnego znaczenia. Odpowiednia ilość danych trafiających do domeny publicznej warunkuje bowiem przejrzystość sektora bankowego optymalizującą decyzje uczestników rynku. Jednocześnie na globalnym rynku finansowym obserwuje się tendencję do ujednolicania standardów rachunkowości, aby zakres ujawnianych informacji był taki sam. Celem przedstawionych w artykule badań jest zweryfikowanie istnienia różnic, jeśli chodzi o ilość ujawnianych informacji wymaganych standardami GAAP i IFRS, oraz zbadanie, czy bardziej stabilne sektory bankowe mają tendencję do ujawniania większego zakresu danych. Wskazanie czynników determinujących poziom ujawnień wydaje się istotne dla wypracowania procedur poprawiających przejrzystość i stabilność rynków finansowych.

Keywords

EN

risk disclosures; financial statements; accounting standards; GAAP; IFRS

PL

ujawnienia ryzyka; sprawozdania finansowe; standardy rachunkowości; ujawnienia ryzyka; sprawozdania finansowe; standardy rachunkowości

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Ekonomia Międzynarodowa
• Year: 2016
• Issue: 16
• Pages: 350-366

Dates

published

2016-12-30

Contributors

author

Emilia Klepczarek

• Uniwersytet Łódzki, Wydział Ekonomiczno-Socjologiczny, Katedra Ekonomii Instytucjonalnej

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Identifiers

DOI

10.18778/2082-4440.16.04