Operational Risk Disclosures in Hungarian Commercial Banks

Herghiligiu Roxana ()
Additional contact information
Herghiligiu Roxana: Alexandru Ioan Cuza University of Iasi Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 200-204

Abstract: This paper aims to assess the current operational risk disclosure in Hungarian banks. Therefore, we focus on the operational risk items that Hungarian banks disclose and if they comply with the requirements of the International Bank of Settlements. The survey methodology was adopted by testing the annual financial reports for Hungarian commercial banks. The analysis shows that Hungarian banks, primarily, do not meet the requirements of the International Bank of Settlement, relating to operational risk disclosure, and there are many discrepancies between Hungarian banks relating to the format of the financial report, which presents the operational risk disclosures. Commercial banks in Hungarya have different approaches of showing the disclosures of operational risk. Accordingly, they do not disclose the same types of information. Our study advice Hungarian commercial banks to enhance current operational risk disclosure practices. The contribution of this paper is to highlight the Hungarian commercial approaches of the operational risk disclosures.

Keywords: operational risk; disclosure; banking; Basel II; International Bank of Settlement (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2013p1.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:ovi:oviste:v:xii:y:2012:i:1:p:200-204

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().