IDEAS home Printed from https://ideas.repec.org/a/aic/jopafl/y2013v4p171-178.html
   My bibliography  Save this article

Operational Risk Disclosure In Romanian Commercial Banks

Author

Listed:
  • Roxana HERGHILIGIU

    (Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, roxana_herghiligiu@yahoo.com, Iasi, Romania)

Abstract

This paper aims to assess the actual operational risk disclosure in Romanian banks. Therefore we focus on the operational risk information that Romanian banks reveal and if they conform to the requirements of the National Bank of Romania. The study methodology consists in testing the annual financial reports for Romanian commercial banks. The analysis shows that the financial reports of Romanian banks are not in consonance with the requirements of the National Bank of Romania relating to operational risk revealer and also there are many discrepancies between Romanian banks relating to the format of the financial report, which presents the operational risk disclosures. Commercial banks in Romania have different approaches of showing the disclosures of operational risk. Accordingly, they do not disclose the same types of information. Our study advice Romanian commercial banks to increase prevailing operational risk disclosure proceedings. The contribution of this paper is to highlight the Romanian commercial approaches of the operational risk disclosures.

Suggested Citation

  • Roxana HERGHILIGIU, 2013. "Operational Risk Disclosure In Romanian Commercial Banks," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 4(4), pages 171-178, December.
    • Handle: RePEc:aic:jopafl:y:2013:v:4:p:171-178
    as

    Download full text from publisher

    File URL: http://www.jopafl.com/uploads/issue4/OPERATIONAL_RISK_DISCLOSURE_IN_ROMANIAN_COMMERCIAL_BANKS_1.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stephen Brown & William Goetzmann & Bing Liang & Christopher Schwarz, 2008. "Mandatory Disclosure and Operational Risk: Evidence from Hedge Fund Registration," Journal of Finance, American Finance Association, vol. 63(6), pages 2785-2815, December.
    2. Ojo, Marianne, 2010. "The impact of capital and disclosure requirements on risks and risk taking incentives," MPRA Paper 20404, University Library of Munich, Germany.
    3. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, December.
    4. Giuseppe Galloppo & Alessandro Rogora, 2011. "What Has Worked In Operational Risk?," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 5(3), pages 1-17.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Khurram Ashfaq & Rui Zhang & Abdul Munaim & Naveed Razzaq, 2016. "An Investigation into the Determinants of Risk Disclosure in Banks: Evidence from Financial Sector of Pakistan," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 1049-1058.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. William R. Morgan, 2023. "Finance Must Be Defended: Cybernetics, Neoliberalism and Environmental, Social, and Governance (ESG)," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
    2. Jael, Paul, 2015. "Socialist Calculation and Market Socialism," MPRA Paper 64255, University Library of Munich, Germany.
    3. Kuzmina, Olga & Kelly, Patrick & Gorovyy, Sergiy, 2020. "Does Secrecy Signal Skill? Characteristics and Performance of Secretive Hedge Funds," CEPR Discussion Papers 14873, C.E.P.R. Discussion Papers.
    4. Jo Michell, 2017. "Do Shadow Banks Create Money? ‘Financialisation’ and the Monetary Circuit," Metroeconomica, Wiley Blackwell, vol. 68(2), pages 354-377, May.
    5. Issing, Otmar, 2014. "Monetary policy and balance sheet adjustment," SAFE White Paper Series 15, Leibniz Institute for Financial Research SAFE.
    6. Yuqian Xu & Lingjiong Zhu & Michael Pinedo, 2020. "Operational Risk Management: A Stochastic Control Framework with Preventive and Corrective Controls," Operations Research, INFORMS, vol. 68(6), pages 1804-1825, November.
    7. Li Sheng, 2014. "The Effects of Foreign Expansion on Local Growth: The Case of Macao," European Planning Studies, Taylor & Francis Journals, vol. 22(8), pages 1735-1743, August.
    8. Chang, Xiaochen & Guo, Songlin & Huang, Junkai, 2022. "Kidnapped mutual funds: Irrational preference of naive investors and fund incentive distortion," International Review of Financial Analysis, Elsevier, vol. 83(C).
    9. Przemyslaw Zbierowski, 2015. "Positive Entrepreneurship: Antecedents and Outcomes of Entrepreneurship within Positive Organizational Scholarship (Przedsiebiorczosc pozytywna – przyczyny i rezultaty przedsiebiorczosci z zakresu poz," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(56), pages 38-54.
    10. Jędrzej Białkowski & Huong Dieu Dang & Xiaopeng Wei, 2017. "Does the Tail Wag the Dog? Evidence from Fund Flow to VIX ETFs and ETNs," Working Papers in Economics 17/17, University of Canterbury, Department of Economics and Finance.
    11. José Osvaldo De Sordi & Marco Antonio Conejero & Manuel Meireles, 2016. "Bibliometric indicators in the context of regional repositories: proposing the D-index," Scientometrics, Springer;Akadémiai Kiadó, vol. 107(1), pages 235-258, April.
    12. Juan Manuel Ospina, 2019. "Economía para no economistas. Un regalo de la formación del pensamiento económico," Books, Universidad Externado de Colombia, Facultad de Ciencias Sociales y Humanas, number 136, htpr_v3_i.
    13. Hagemann Harald, 2019. "Impulses and Propagation Mechanisms in Equilibrium Business Cycles Theories: From Interwar Debates to DSGE “Consensus”," Working Papers halshs-02386344, HAL.
    14. Bali, Turan G. & Brown, Stephen J. & Caglayan, Mustafa O., 2019. "Upside potential of hedge funds as a predictor of future performance," Journal of Banking & Finance, Elsevier, vol. 98(C), pages 212-229.
    15. de Ayala, Amaia & Hoyos, David & Mariel, Petr, 2015. "Suitability of discrete choice experiments for landscape management under the European Landscape Convention," Journal of Forest Economics, Elsevier, vol. 21(2), pages 79-96.
    16. Giovanna Tranfo & Lidia Caporossi & Daniela Pigini & Silvia Capanna & Bruno Papaleo & Enrico Paci, 2018. "Temporal Trends of Urinary Phthalate Concentrations in Two Populations: Effects of REACH Authorization after Five Years," IJERPH, MDPI, vol. 15(9), pages 1-13, September.
    17. Nikolay Nenovsky, 2020. "The Theory of the Emission Economy Bolshevik roots of "Modern Monetary Theory"," Working Papers hal-04084551, HAL.
    18. Etienne Farvaque & Alexander Mihailov & Alireza Naghavi, 2018. "The Grand Experiment of Communism: Discovering the Trade-Off between Equality and Efficiency," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 174(4), pages 707-742, December.
    19. Vassiliades, C. & Savvides, A. & Buonomano, A., 2022. "Building integration of active solar energy systems for façades renovation in the urban fabric: Effects on the thermal comfort in outdoor public spaces in Naples and Thessaloniki," Renewable Energy, Elsevier, vol. 190(C), pages 30-47.
    20. Cowan, Benjamin W. & White, Dustin R., 2015. "The effects of merit-based financial aid on drinking in college," Journal of Health Economics, Elsevier, vol. 44(C), pages 137-149.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:jopafl:y:2013:v:4:p:171-178. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sireteanu Napoleon-Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/feaicro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.