Search results for "DISCLOSURE"

Risk Disclosure in the European Banking Industry: Qualitative and Quantitative Content Analysis Methodologies

2022

This book aims to shed light on the advantages and disadvantages of both qualitative and quantitative content analysis methodologies by examining risk disclosure practices in the European banking industry. Content analysis methodologies allow to assess the level of transparency of financial and non-financial reports by focusing on the information disclosed to the public with reference to their risk exposure and management. There is an ongoing debate in the literature to understand whether qualitative or quantitative content analysis methodologies are more effective and useful to analyse disclosure practices. Some authors contend that qualitative methodologies may be more appropriate because…

I diritti dei consumatori dopo la Direttiva 2011/83/UE

2013

Il saggio offre una disamina critica dei contenuti della Direttiva 2011/83/UE, anche in rapporto agli obiettivi annunciati nella Proposta ( e poi abbandonati), soffermandosi particolarmente sulle regole in tema di obblighi di informazione al consumatore.Alla luce di queste regole, la nuova Direttiva si rivela quale ulteriore significativa conferma della scelta che affida l'obiettivo della trasparenza contrattuale a rigide prescrizioni di forma e contenuto dell'informazione, lungo un processo che qui viene definito di "standardizzazione" delle condotte del professionista. L'obiettivo di disclosure viene affidato non a tecniche di controllo e verifica del concreto livello di informazione offe…

Importance of social and sustainability reporting in ensuring transparency and disclosure

2014

A Cross-Cultural Perspective on the Privacy Calculus

2017

The “privacy calculus” approach to studying online privacy implies that willingness to engage in disclosures on social network sites (SNSs) depends on evaluation of the resulting risks and benefits. In this article, we propose that cultural factors influence the perception of privacy risks and social gratifications. Based on survey data collected from participants from five countries (Germany [ n = 740], the Netherlands [ n = 89], the United Kingdom [ n = 67], the United States [ n = 489], and China [ n = 165]), we successfully replicated the privacy calculus. Furthermore, we found that culture plays an important role: As expected, people from cultures ranking high in individualism found i…

Factors contributing to verbal self-disclosure

2007

The phenomenon of self-disclosure has been actively studied in several sub-discliplines of psychology from the 1970s on, and neighbouring disciplines, such as social and communication sciences, have enriched the psychological understanding of the topic. The psychological literature on self-disclosure, which is viewed, sometimes as a trait-like construct, varying in degree from one person to another, and sometimes as an interpersonal process which occurs when individuals interact with each other, has addressed, in particular, the issues of reciprocity effect, sex differences, self-disclosure in intimate vs. non-intimate relationships, the benefits to be derived from disclosing, and the emoti…

Towards an integration of individualistic, networked, and institutional approaches to online disclosure and privacy in a networked ecology

2020

In this paper, we review three different approaches to disclosure and privacy: a) an individualistic approach, which emphasizes an individual's control over information access and flow, b) a networked approach focused on information flow in horizontal relations between people, and c) an institutional approach concerned with public and societal privacy risks from platforms, providers, and governments. These approaches co-exist largely independently of each other in privacy and disclosure literature. However, with overlapping public and private spheres of communication where a presumption of individual agency over personal information is no longer tenable, we argue for the importance of bridg…

Market risk disclosure in banking: an empirical analysis on four global systemically important European banks

2017

Market risk reporting in banking has assumed such importance during the last decade. The purpose of this paper is to provide a methodology to evaluate the qualitative and quantitative profiles of the market risk disclosure in banking. We propose a hybrid methodology to assess whether or not banks are able to provide a satisfactory degree of information about the market risks they are exposed to. In this paper, we conduct an empirical research of market risk disclosure on a sample of four global systemically important European banks. The paper provides evidences that banks differ in their market risk reporting models, even though they are subject to similar regulatory requirements and accoun…

How to measure bank credit risk disclosure? Testing a new methodological approach based on the content analysis framework

2020

AbstractRisk disclosure is a crucial factor in enhancing the efficiency of financial markets and promoting financial stability. This paper proposes a methodological tool to analyze credit risk disclosure in bank financial reports, based on the content analysis framework. The authors also uses this methodology to carry out an empirical study on a small sample of large Italian banks. The paper provides preliminary empirical evidence that banks differ in their credit risk disclosure, even though they are subject to homogeneous regulatory and accounting requirements. Furthermore, by carrying out a correlation-based network analysis, the paper provides preliminary evidence on the existence of a …

Credit derivatives disclosure in banks’ risk reporting: Empirical evidence from four large European banks

2019

This paper aims to analyze the derivatives disclosure in banks’ annual risk reports. In this paper, the author uses content analysis to examine the qualitative and quantitative profiles of the derivatives disclosure at a cross-country level, with particular reference to credit derivatives. The empirical research is conducted on a sample of large European banks. The paper also shows that there is room to improve various aspects of derivatives disclosure, and provides some useful insights for further research. The derivatives disclosure in banks’ annual risk reports has deep managerial, financial, regulatory and accounting implications at a firm and industry levels, and the comprehension of t…

Credit Risk Disclosure Practices in the Annual Financial Reporting of Large Italian Banks

2019

Risk disclosure in banking is particularly important for the efficacy of market discipline, the assessment of bank performance, the efficiency of the financial market, and the overall stability of the financial system. The European banking union and the financial crisis have enhanced the strategic role of credit risk disclosure in banking. The topic of this chapter is the evaluation of credit risk disclosure practices in banks’ annual financial reporting. The empirical research is conducted on a sample of ten large Italian banks. The authors employ content analysis and provide a hybrid scoring model for the assessment of credit risk disclosure. The chapter provides empirical findings which …