1,190
Views
1
CrossRef citations to date
0
Altmetric
Accounting, Corporate Governance & Business Ethics

Do governance factors affect the effectiveness of risk management disclosure in UAE banks?

&
Article: 2238394 | Received 05 Jun 2023, Accepted 16 Jul 2023, Published online: 25 Jul 2023

References

  • Abedifar, P., Molyneux, P., & Tarazi, A. (2013). Risk in Islamic banking. Review of Finance, 17(6), 2035–28. https://doi.org/10.1093/rof/rfs041
  • Abraham, S., & Cox, P. (2007). Analysing the determinants of narrative risk information in UK FTSE 100 annual reports. The British Accounting Review, 39(3), 227–248. https://doi.org/10.1016/j.bar.2007.06.002
  • Acheampong, A., & Elshandidy, T. (2021). Does soft information determine credit risk? Text-based evidence from European banks. Journal of International Financial Markets, Institutions and Money, 75, 101303. https://doi.org/10.1016/j.intfin.2021.101303
  • Aebi, V., Sabato, G., & Schmid, M. (2012). Risk management, corporate governance, and bank performance in the financial crisis. Journal of Banking & Finance, 36(12), 3213–3226. https://doi.org/10.1016/j.jbankfin.2011.10.020
  • Aliani, K., Al-Kayed, L., & Boujlil, R. (2022). COVID-19 effect on Islamic vs. conventional banks’ stock prices: Case of GCC countries. Journal of Economic Asymmetries, 26, e00263. https://doi.org/10.1016/j.jeca.2022.e00263
  • Barakat, A., & Hussainey, K. (2013). Bank governance, regulation, supervision, and risk reporting: Evidence from operational risk disclosures in European banks. International Review of Financial Analysis, 30, 254–273. https://doi.org/10.1016/j.irfa.2013.07.002
  • Basel Committee on Banking Supervision. (1998). Enhancing bank transparency. BCBS.
  • Basel Committee on Banking Supervision. (2006). International convergence of capital measurement and capital standards. BCBS.
  • Basel Committee on Banking Supervision. (2010). Basel III: International framework for liquidity risk measurement, standards and monitoring. BCBS.
  • Basel Committee on Banking Supervision. (2013). Corporate governance principles for banks. BCBS.
  • Beiner, S., Drobetz, W., Schmid, M. M., & Zimmermann, H. (2006). An integrated framework of corporate governance and firm valuation. European Financial Management, 12(2), 249–283. https://doi.org/10.1111/j.1354-7798.2006.00318.x
  • Beretta, S., & Bozzolan, S. (2004). A framework for the analysis of firm risk communication. The International Journal of Accounting, 39(3), 265–288. https://doi.org/10.1016/j.intacc.2004.06.006
  • Bitar, M., Naceur, S. B., Ayadi, R., & Walker, T. (2020). Basel compliance and financial stability: Evidence from Islamic banks. Journal of Financial Services Research, 60(1), 1–54. https://doi.org/10.1007/s10693-020-00337-6
  • Brown, P., Beekes, W., & Verhoeven, P. (2011). Corporate governance, accounting and finance: A review. Accounting & Finance, 51(1), 96–172. https://doi.org/10.1111/j.1467-629X.2010.00385.x
  • Charles, A., Darné, O., & Pop, A. (2015). Risk and ethical investment: Empirical evidence from Dow Jones Islamic indexes. Research in International Business and Finance, 35, 33–56. https://doi.org/10.1016/j.ribaf.2015.03.003
  • Colesnic, O., Kounetas, K., & Michael, P. (2020). Estimating risk efficiency in Middle East banks before and after the crisis: A metafrontier framework. Global Finance Journal, 46, 10048.
  • Deumes, R., & Knechel, W. R. (2008). Economic incentives for voluntary reporting on internal risk management and control systems. Auditing: A Journal of Practice & Theory, 27(1), 35–66. https://doi.org/10.2308/aud.2008.27.1.35
  • Elamer, A. A., Ntim, C. G., & Abdou, H. A. (2020). Islamic governance, national governance, and bank risk management and disclosure in MENA countries. Business & Society, 59(5), 914–955. https://doi.org/10.1177/0007650317746108
  • Elamer, A. A., Ntim, C. G., Abdou, H. A., Owusu, A., Elmagrhi, M., & Ibrahim, A. E. A. (2021). Are bank risk disclosures informative? Evidence from debt markets. International Journal of Finance & Economics, 26(1), 1270–1298. https://doi.org/10.1002/ijfe.1849
  • Elamer, A., Ntim, C. G., Abdou, H., Zalata, A., & Elmagrhi, M. (2019). The impact of multi-layer governance on bank risk disclosure in emerging markets: The case of Middle East and North Africa. Accounting Forum, 43(2), 246–281. https://doi.org/10.1080/01559982.2019.1576577
  • Elshandidy, T. (2022). The impact of corporate governance on the quality of integrated reporting: International evidence. The Journal of Asian Finance, Economics & Business, 9(6), 127–137.
  • Elshandidy, T., Elmassri, M., & Elsayed, M. (2022). Integrated reporting, textual risk disclosure and market value. Corporate Governance the International Journal of Business in Society, 22(1), 173–193. https://doi.org/10.1108/CG-01-2021-0002
  • Elshandidy, T., & Neri, L. (2015). Corporate governance, risk disclosure practices, and market liquidity: Comparative evidence from the UK and Italy. Corporate Governance an International Review, 23(4), 331–356. https://doi.org/10.1111/corg.12095
  • Elshandidy, T., Shrives, P. J., Bamber, M., & Abraham, S. (2018). Risk reporting: A review of the literature and implications for future research. Journal of Accounting Literature, 40(1), 54–82. https://doi.org/10.1016/j.acclit.2017.12.001
  • Elshandidy, T., & Zeng, C. (2022). The value relevance of risk-related disclosure: Does the tone of disclosure matter? Borsa Istanbul Review, 22(3), 498–514. https://doi.org/10.1016/j.bir.2021.06.014
  • Elzahar, H., & Hussainey, K. (2012). Determinants of narrative risk disclosures in UK interim reports. The Journal of Risk Finance, 13(2), 133–147. https://doi.org/10.1108/15265941211203189
  • Grassa, R., Moumen, N., & Hussainey, K. (2021). What drives risk disclosure in Islamic and conventional banks? An international comparison. International Journal of Finance & Economics, 26(4), 6338–6361. https://doi.org/10.1002/ijfe.2122
  • Hashmi, M. A., Abdullah, B. R. K., Ansari, T., & Hasan, M. A. (2022). Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience. Cogent Business & Management, 9(1), 2135205. https://doi.org/10.1080/23311975.2022.2135205
  • Henry, D. (2008). Corporate governance structure and the valuation of Australian firms: Is there value in ticking the boxes? Journal of Business Finance & Accounting, 35(7‐8), 912–942. https://doi.org/10.1111/j.1468-5957.2008.02100.x
  • Hermalin, B., & Weisbach, M. (2003). Boards of directors as an endogenously determined institution: A survey of the economic literature. Economic Policy Review, 9(Apr), 7–26.
  • Holm, C., & Laursen, P. B. (2007). Risk and control developments in corporate governance: Changing the role of the external auditor? Corporate Governance an International Review, 15(2), 322–333. https://doi.org/10.1111/j.1467-8683.2007.00563.x
  • Hussainey, K., & Al-Najjar, B. (2011). Future-oriented narrative reporting: Determinants and use. Journal of Applied Accounting Research, 12(2), 123–138. https://doi.org/10.1108/09675421111160691
  • Ibrahim, A., Habbash, M., & Hussainey, K. (2019). Corporate governance and risk disclosure: Evidence from Saudi Arabia. International Journal of Accounting, Auditing and Performance Evaluation, 15(1), 89–111. https://doi.org/10.1504/IJAAPE.2019.096748
  • Ibrahim, A. E. A., Hussainey, K., Nawaz, T., Ntim, C., & Elamer, A. (2022). A systematic literature review on risk disclosure research: State-of-the-art and future research agenda. International Review of Financial Analysis, 82, 102217. https://doi.org/10.1016/j.irfa.2022.102217
  • Lim, C. Y., Woods, M., Humphrey, C., & Seow, J. L. (2017). The paradoxes of risk management in the banking sector. The British Accounting Review, 49(1), 75–90. https://doi.org/10.1016/j.bar.2016.09.002
  • Linsley, P. M., & Shrives, P. J. (2006). Risk reporting: A study of risk disclosures in the annual reports of UK companies. The British Accounting Review, 38(4), 387–404. https://doi.org/10.1016/j.bar.2006.05.002
  • Linsley, P. M., Shrives, P. J., & Crumpton, M. (2006). Risk disclosure: An exploratory study of UK and Canadian banks. Journal of Banking Regulation, 7(3–4), 268–282. https://doi.org/10.1057/palgrave.jbr.2350032
  • Lundqvist, S. A. (2015). Why firms implement risk governance–stepping beyond traditional risk management to enterprise risk management. Journal of Accounting and Public Policy, 34(5), 441–466. https://doi.org/10.1016/j.jaccpubpol.2015.05.002
  • Marshall, A., & Weetman, P. (2007). Modelling transparency in disclosure: The case of foreign exchange risk management. Journal of Business Finance & Accounting, 34(5‐6), 705–739. https://doi.org/10.1111/j.1468-5957.2007.02007.x
  • Mbithi, E., Moloi, T., & Wangombe, D. (2022). Corporate risk disclosure: A systematic literature review and future research agenda. Cogent Business & Management, 9(1), 2105569. https://doi.org/10.1080/23311975.2022.2105569
  • Mokhtar, E. S., & Mellett, H. (2013). Competition, corporate governance, ownership structure and risk reporting. Managerial Auditing Journal, 28(9), 838–865. https://doi.org/10.1108/MAJ-11-2012-0776
  • Ntim, C., Lindop, S., & Thomas, D. (2013). Corporate governance and risk reporting in South Africa: A study of corporate risk disclosures in the pre- and post-2007/2008 global financial crisis periods. International Review of Financial Analysis, 30, 363–383. https://doi.org/10.1016/j.irfa.2013.07.001
  • Oliveira, J., Rodrigues, L. L., & Craig, R. (2011). Risk‐related disclosures by non‐finance companies: Portuguese practices and disclosure characteristics. Managerial Auditing Journal, 9(9), 817–839. https://doi.org/10.1108/02686901111171466
  • Patelli, L., & Prencipe, A. (2007). The relationship between voluntary disclosure and independent directors in the presence of a dominant shareholder. European Accounting Review, 16(1), 5–33. https://doi.org/10.1080/09638180701265820
  • Price, R., Roman, F. J., & Rountree, B. (2011). The impact of governance reform on performance and transparency. Journal of Financial Economics, 99(1), 76–96. https://doi.org/10.1016/j.jfineco.2010.08.005
  • Sorwar, G., Pappas, V., Pereira, J., & Nurullah, M. (2016). To debt or not to debt: Are Islamic banks less risky than conventional banks? Journal of Economic Behavior & Organization, 132, 113–126. https://doi.org/10.1016/j.jebo.2016.10.012
  • Taylor, G., Tower, G., & Neilson, J. (2010). Corporate communication of financial risk. Accounting & Finance, 50(2), 417–446. https://doi.org/10.1111/j.1467-629X.2009.00326.x
  • Tsalavoutas, I., Evans, L., & Smith, M. (2010). Comparison of two methods for measuring compliance with IFRS mandatory disclosure requirements. Journal of Applied Accounting Research, 11(3), 213–228. https://doi.org/10.1108/09675421011088143
  • Vallascas, F., Mollah, S., & Keasey, K. (2017). Does the impact of board independence on large bank risks change after the global financial crisis? Journal of Corporate Finance, 44, 149–166. https://doi.org/10.1016/j.jcorpfin.2017.03.011
  • Zhang, J., He, L., & An, Y. (2020). Measuring banks’ liquidity risk: An option-pricing approach. Journal of Banking and Finance, 111, 105703.