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Information disclosure and banking s...

Iren, Perihan.

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Information disclosure and banking sector performance and stability .

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Information disclosure and banking sector performance and stability ./
Author:	Iren, Perihan.
Description:	196 p.
Notes:	Source: Dissertation Abstracts International, Volume: 71-08, Section: A, page: 2953.
Contained By:	Dissertation Abstracts International71-08A.
Subject:	Business Administration, Management. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3417076
ISBN:	9781124143743

Information disclosure and banking sector performance and stability .
Iren, Perihan.

Information disclosure and banking sector performance and stability . - 196 p.

Source: Dissertation Abstracts International, Volume: 71-08, Section: A, page: 2953.

Thesis (D.B.A.)--Cleveland State University, 2010.

Over the last decade, financial and capital markets have grown very rapidly and the markets have become more complex as a result of increased used of derivative securities. The recent subprime crisis has intensified the debate regarding the need for greater transparency. The purpose of this study is to contribute to this debate by examining the relationship between the quantity and quality of information disclosure regarding a bank's securitization and credit derivative activities and the subsequent impact on bank performance and stability.

ISBN: 9781124143743Subjects--Topical Terms:

626628
Business Administration, Management.

Information disclosure and banking sector performance and stability .
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020 $a 9781124143743
035 $a (UMI)AAI3417076
035 $a AAI3417076
040 $a UMI $c UMI
100 1 $a Iren, Perihan. $3 1682109
245 1 0 $a Information disclosure and banking sector performance and stability .
300 $a 196 p.
500 $a Source: Dissertation Abstracts International, Volume: 71-08, Section: A, page: 2953.
500 $a Adviser: Alan Reichert.
502 $a Thesis (D.B.A.)--Cleveland State University, 2010.
520 $a Over the last decade, financial and capital markets have grown very rapidly and the markets have become more complex as a result of increased used of derivative securities. The recent subprime crisis has intensified the debate regarding the need for greater transparency. The purpose of this study is to contribute to this debate by examining the relationship between the quantity and quality of information disclosure regarding a bank's securitization and credit derivative activities and the subsequent impact on bank performance and stability.
520 $a The results show a significant relationship between the quality/quantity of disclosure and bank performance/stability. When information on securitization and credit derivative activities are disclosed on call reports and annual reports, performance/stability initially decreases. After a bank establishes certain setup, equipment, personnel and expertise on these activities, performance/stability starts to increase.
520 $a The results also show that increases in disclosure/activity have an asymmetrical impact on bank performance and stability compared to decreases in disclosure; bank performance measures are more sensitive to disclosure than stability measures; the financial markets are more sensitive to changes in quantitative measures of disclosure/activity compared to qualitative measures; and the financial markets show the greatest reaction to changes in the level of disclosure/activity by money center banks, followed by regional banks. The empirical results show that even when the level of financial activity had not changed, an increase in the detail describing the activity was followed by a significant reaction in the market. Examining the bank's annual report, it appears that an extensive discussion of their securitization and credit derivatives activities tends to increase stock price volatility.
520 $a Analysis of the effects of the quality of disclosure shows that low quality information decreases performance but has no effect on stability. Also, the results show that highly transparent banks are riskier than their less transparent peers. A comparison of troubled and healthy banks in terms of their information disclosure surprisingly reveals that troubled banks are more transparent than healthy banks. Greater disclosure regarding their securitization and credit derivative activities submitted on regulatory reports, as well as extensive coverage of credit derivatives in annual reports, increases the probability of an institution being classified as a "troubled" bank.
590 $a School code: 0466.
650 4 $a Business Administration, Management. $3 626628
650 4 $a Business Administration, Banking. $3 1018458
690 $a 0454
690 $a 0770
710 2 $a Cleveland State University. $b Nance College of Business Administration. $3 1682110
773 0 $t Dissertation Abstracts International $g 71-08A.
790 1 0 $a Reichert, Alan, $e advisor
790 $a 0466
791 $a D.B.A.
792 $a 2010
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3417076