OPERATIONAL RISK DISCLOSURE IN ROMANIAN COMMERCIAL BANKS

Roxana Herghiligiu ()
Additional contact information
Roxana Herghiligiu: Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, roxana_herghiligiu@yahoo.com, Iasi, Romania

Journal of Public Administration, Finance and Law, 2013, vol. 4, issue 4, 171-178

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.

Keywords: operational risk; transparency, commercial banks, Basel II; The National Bank of Romania (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.jopafl.com/uploads/issue4/OPERATIONAL_R ... MMERCIAL_BANKS_1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aic:jopafl:y:2013:v:4:p:171-178

Access Statistics for this article

More articles in Journal of Public Administration, Finance and Law from Alexandru Ioan Cuza University, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Sireteanu Napoleon-Alexandru ().