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Готові списки джерел за темами / Risk disclosures

Добірка наукової літератури з теми "Risk disclosures"

Автор: Grafiati

Опубліковано: 13 червня 2023

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Статті в журналах з теми "Risk disclosures":

1

Agustina, Linda, Kuat Waluyo Jati, Niswah Baroroh, Ardian Widiarto, and Pery N. Manurung. "Can the risk management committee improve risk management disclosure practices in Indonesian companies?" Investment Management and Financial Innovations 18, no. 3 (September 6, 2021): 204–13. http://dx.doi.org/10.21511/imfi.18(3).2021.19.

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This study examines the role of the risk management committee as a moderating variable. The risk management committee will moderate the relationship between firm size, profitability, ownership concentration, and the size of the Enterprise Risk Management (ERM) disclosure board. The study is based on agency theory, which discusses the relationship between management and company owners and shareholders. The research sample consisted of 56 manufacturing companies in Indonesia with 224 units of analysis obtained using the purposive sampling technique. It has been proven that the risk management committee can moderate the relationship between firm size and ERM disclosure and ownership concentration and ERM disclosure. Company size is known to affect the disclosure of risk management in a company. But ownership concentration shows different things, that is, it does not affect corporate risk management disclosures. The results also show that the risk management committee cannot moderate the relationship between profitability and the size of the board of commissioners on the company’s risk management disclosures. It has also not been proven that profitability and the size of the board of commissioners directly affect corporate risk management disclosures. Thus, it can be stated that the risk management committee plays a role in controlling the extent of the company’s risk management disclosures; this is necessary to maintain stakeholder trust in the company.

2

Jorgensen, Bjorn N., and Michael T. Kirschenheiter. "Discretionary Risk Disclosures." Accounting Review 78, no. 2 (April 1, 2003): 449–69. http://dx.doi.org/10.2308/accr.2003.78.2.449.

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We model managers' equilibrium strategies for voluntarily disclosing information about their firm's risk. We consider a multifirm setting in which the variance of each firm's future cash flow is uncertain. A manager can disclose, at a cost, this variance before offering the firm for sale in a competitive stock market with risk-averse investors. In our partial disclosure equilibrium, managers voluntarily disclose if their firm has a low variance of future cash flows, but withhold the information if their firm has highly variable future cash flows. We establish how the manager's discretionary risk disclosure affects the firm's share price, expected stock returns, and beta, within the framework of the Capital Asset Pricing Model. We show that whereas one manager's discretionary disclosure of his firm's risk does not affect other firms' share prices, it does affect the other firms' betas. Also, we demonstrate that a disclosing firm has lower risk premium and beta ex post than a nondisclosing firm. Finally, we show that ex ante, the expected risk premium and expected beta of each firm are higher under a mandatory risk disclosure regime than in the partial disclosure equilibrium that arises under a voluntary disclosure regime.

3

Maingot, Michael, Tony Quon, and Daniel Zeghal. "The disclosure of enterprise risk management (ERM) information: An overview of Canadian regulations for risk disclosure." Journal of Governance and Regulation 2, no. 4 (2013): 13–21. http://dx.doi.org/10.22495/jgr_v2_i4_p2.

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This paper discusses the mandatory risk disclosures in Canada under International Financial Reporting Standards (IFRS). U.S. mandatory accounting disclosures of risk are also briefly examined, since some Canadian companies are cross-listed in the US. Mandatory disclosures of risk under the Basel II and Basel III Accords for the international regulation of banks are discussed as well as the assessment of ERM by Standard & Poor’s. The risk disclosures in the Management Discussion & Analysis (MD&A) section of the annual report prescribed by the Canadian Securities Administrators (CSA) in National Instrument 51-102 Continuous Disclosure Obligations are examined. Since these risk disclosures are voluntary, the actual disclosures in the MD&A section of the annual report are entirely at the discretion of management subject to effective board oversight.

4

Roulstone, Darren T. "Effect of SEC Financial Reporting Release No. 48 on Derivative and Market Risk Disclosures." Accounting Horizons 13, no. 4 (December 1, 1999): 343–63. http://dx.doi.org/10.2308/acch.1999.13.4.343.

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This study compares the disclosures about derivatives and market risk made by 25 SEC registrants in the years before (1996) and after (1997) the adoption of Financial Reporting Release No. 48 (SEC 1997) (FRR No. 48). FRR No. 48 requires firms to disclose how they account for derivatives and provide quantitative and qualitative disclosures about exposure to market risk. Market risk disclosures, encouraged but not required under FAS No. 119, improved greatly under FRR No. 48 but varied widely in detail and clarity. The majority of registrants provided quantitative and qualitative disclosures of market risk; however, only about half of these firms discussed the details and limitations of their risk measurement models and disclosures. Further, certain required or strongly recommended contextual disclosures were almost completely absent. Firms appear to prefer relatively complicated but more discreet disclosure formats to simpler but more revealing disclosure formats. Overall, while registrants greatly increased their disclosures about market risk, the disclosures leave room for improvement in future filings. These findings have significance for disclosure choice in general and the adoption of FAS No. 133 in particular.

5

Murata, Rio, and Shigeyuki Hamori. "ESG Disclosures and Stock Price Crash Risk." Journal of Risk and Financial Management 14, no. 2 (February 7, 2021): 70. http://dx.doi.org/10.3390/jrfm14020070.

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In this study, we investigate the relationship between environmental, social, and governance (ESG) disclosures and stock price crash risk. A stock price crash is a dreadful event for market participants. Thus, exploring stock price crash determinants is helpful for investment decisions and risk management. In this study, we use samples of major market index components in Europe, the United States, and Japan to perform regression analyses, after controlling for other potential stock price crash determinants. We estimate static two-way fixed-effect models and dynamic GMM models. We find that coefficients of firm-level ESG disclosures are not statistically significant in the static model. ESG disclosure coefficients in the dynamic model are not statistically significant in the U.S. market sample. On the other hand, coefficients of ESG disclosure scores in the dynamic model are statistically significant and negative in the European and Japanese marker sample. Our findings suggest that ESG disclosures lower future stock price crash risk; however, the effect and predictive power of ESG disclosures differ among regions.

6

Rajgopal, Shivaram. "Early Evidence on the Informativeness of the SEC's Market Risk Disclosures: The Case of Commodity Price Risk Exposure of Oil and Gas Producers." Accounting Review 74, no. 3 (July 1, 1999): 251–80. http://dx.doi.org/10.2308/accr.1999.74.3.251.

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The paper provides early evidence on the informativeness of commodity price risk measures required by the Securities and Exchange Commission's new market risk disclosure rules (SEC 1997). I use existing disclosures of oil and gas producers (O&G) to obtain proxies for the tabular and sensitivity analysis disclosures required by the new SEC rules. I find that proxies for the tabular and the sensitivity analysis format are significantly associated with O&G firms' stock return sensitivities to oil and gas price movements. This finding casts doubt on claims that the new market risk disclosures do not reflect firms' risk exposures. The proxies for the tabular format and sensitivity format disclosures are not substitutable explanations of firms' risk exposures. This evidence suggests that disclosures from one disclosure format are not comparable to those from the other reporting format.

7

Gunawan, Juniati, and Criselda Elsa. "RISK DISCLOSURES IN THE MOST ADMIRED COMPANY’S REPUTATION." Media Riset Akuntansi, Auditing & Informasi 20, no. 2 (September 30, 2020): 247. http://dx.doi.org/10.25105/mraai.v20i2.7628.

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<p>This study aims to examine the influence of risk disclosures on a company's reputation, which was measured by the Indonesia’s Most Admired Company (IMAC) nomination in 2018. The sample applies the whole population registered in the IMAC. There were 133 companies which provided all data required. Using content analysis to calculate risk disclosures as independent variable and company's reputation by the Corporate Image Index (CII) as dependent variable, this study shows that risk disclosures has a significant influence on the company's reputation.</p><p>The results provide a new perspective on disclosure risk and company’s reputation since previous studies were very limited searching on risk disclosures related to corporate image. Since CII is publicly available, the risk disclosures need to be paid attention to balance the information for the stakeholders. Hence, this study contributes greatly for both academic and practice to understand that risk information may impact the corporate reputation, and therefore, adequate and balance disclosure (negative and positive information) is required. </p>

8

Madsen, Joshua M., and Jeff L. McMullin. "Economic Consequences of Risk Disclosures: Evidence from Crowdfunding." Accounting Review 95, no. 4 (October 22, 2019): 331–63. http://dx.doi.org/10.2308/accr-52641.

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ABSTRACT On September 20, 2012, the rewards-based crowdfunding platform Kickstarter.com added a “risks and challenges” section to all project pages. While the section header became a mandatory part of the platform, discussion of risks within that section is voluntary and unverified, making this setting particularly useful for identifying the effects of disclosure on both crowdfunders and entrepreneurs. Consistent with increased salience of risks, we find that backer support for high-risk projects decreases after the introduction of this section, but that lengthier risk disclosures mitigate this decrease in backer support. Further analysis reveals that creators who provide lengthier risk disclosures also increase other non-risk disclosures, and that these non-risk disclosures are primarily responsible for the increased backer support. Collectively, we provide evidence that the introduction of a voluntary and unverified risk disclosure reduced information asymmetry within this unregulated market. JEL Classifications: M41; G24; L15; R12; D03.

9

Thai, Kevin Huu Phat, and Jacqueline Birt. "Do Risk Disclosures Relating to the Use of Financial Instruments Matter? Evidence from the Australian Metals and Mining Sector." International Journal of Accounting 54, no. 04 (December 2019): 1950017. http://dx.doi.org/10.1142/s1094406019500173.

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This paper investigates the value relevance of risk disclosures relating to the use of financial instruments in the Australian metals and mining sector. The metals and mining sector is the largest sector in Australia by the number of companies and includes several of the world’s largest diversified resource producers. Using a manually constructed disclosure index based on AASB 7 Financial Instruments: Disclosures, we find that financial instrument-related risk disclosures provide useful information to equity investors. In terms of individual risk category, liquidity risk is shown to be the most informative risk disclosure. We contribute to a stream of the literature examining the informativeness of risk disclosures. The results of this study have implications for several stakeholders regarding the quality assessment of risk reporting. In addition, the findings are of interest to standard setters since further regulatory changes are under consideration to improve the presentation and disclosure of financial instruments.

10

Buckby, Sherrena, Gerry Gallery, and Jiacheng Ma. "An analysis of risk management disclosures: Australian evidence." Managerial Auditing Journal 30, no. 8/9 (October 5, 2015): 812–69. http://dx.doi.org/10.1108/maj-09-2013-0934.

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Purpose – Communication of risk management (RM) practices are a critical component of good corporate governance. Research, to date, has been of little benefit in informing regulators internationally. This paper seeks to contribute to the literature by investigating how listed Australian companies disclose RM information in annual report governance statements in accordance with the Australian Securities Exchange (ASX) corporate governance framework. Design/methodology/approach – To address this study’s research questions and related hypotheses, the authors examine the top 300 ASX-listed companies by market capitalisation at 30 June 2010. For these firms, the authors identify, code and categorise RM disclosures made in the annual according to the disclosure categories specified in ASX Corporate Governance Principles and Recommendations (CGPR). The derived data are then examined using a comprehensive approach comprising thematic content analysis and regression analysis. Findings – The results indicate widespread divergence in disclosure practices and low conformance with the Principle 7 of the ASX CGPR. This result suggests that companies are not disclosing all “material business risks” possibly due to ignorance at the board level, or due to the intentional withholding of sensitive information from financial statement users. The findings also show mixed results across the factors expected to influence disclosure behaviour. While the presence of a risk committee (RC) (in particular, a standalone RC) and technology committee (TC) are found to be associated with some improvement in disclosure levels, the authors do not find evidence that company risk measures (as proxied by equity beta and the market-to-book ratio) are significantly associated with greater levels of RM disclosure. Also, contrary to common findings in the disclosure literature, factors such as board independence and expertise, audit committee independence and the usage of a Big-4 auditor do not seem to impact the level of RM disclosure in the Australian context. Research limitations/implications – The study is limited by the sample and study period selection as the RM disclosures of only the largest (top 300) ASX firms are examined for the fiscal year 2010. Thus, the findings may not be generalisable to smaller firms or earlier/later years. Also, the findings may have limited applicability in other jurisdictions with different regulatory environments. Practical implications – The study’s findings suggest that insufficient attention has been applied to RM disclosures by listed companies in Australia. These results suggest RM disclosures practices observed in the Australian setting may not be meeting the objectives of regulators and the needs of stakeholders. Originality/value – The Australian setting provides an ideal environment to examine RM communication as the ASX has explicitly recommended RM disclosures areas in its principle-based governance rules since 2007 (Principle 7). This differs from other jurisdictions where such disclosure recommendations are typically not provided and provides us with a benchmark to examine the nature and quality of RM disclosures. Despite the recommendation, the authors reveal that low levels and poor RM communication are prevalent in the Australian setting and warrant further investigation.

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Дисертації з теми "Risk disclosures":

1

Probohudono, Agung Nur. "A comparative analysis of voluntary risk disclosures." Thesis, Curtin University, 2012. http://hdl.handle.net/20.500.11937/2132.

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This thesis examines voluntary risk disclosures from 600 firm year annual reports in four countries’ (Australia, Indonesia, Malaysia, and Singapore) manufacturing listed companies for the 2007-2009 financial years. This is an important time span to investigate risk disclosures as it encompasses those years most directly impacted by the Global Financial Crisis (GFC). Longitudinal and cross country analyses test the veracity of agency theory to predict the level of firms’ risk disclosures. A comprehensive risk disclosure index (RDI) checklist is created and tested to explain the extent of such communication over time. T-tests, ANOVA, correlations and regression analysis are used for the statistical testing.The findings show that overall RDI scores over the economically-challenging GFC time period is relative low averaging 33.73%. The RDI rises every year ranging from 31.46% in 2007, 34.20% in 2008, and 35.54% in 2009. There is a vast disparity of communication across the various risk elements. The RDI item “Identifying, evaluating and managing significant risks” has the highest level of communication (91.17%), while “Effects of inflation on assets quantitative’’ is the lowest RDI item with no disclosure (0 %). The highest major sub-category for RDI is business risk (46.55%) while the strategy risk category (17.21%) is the lowest communicated.Multiple regression analysis provides evidence that size, managerial ownership, board independence, and profitability are positively associated with the extent of voluntary risk disclosure. There are also clear country differences, for instance, Indonesian companies have statistically lower levels of risk disclosure compared with Malaysia. These findings are useful for self-evaluation and benchmarking of risk communication by other corporations across the global landscape. The need for mandatory regulation regarding key risks elements is advanced. Overall, varying levels of risk disclosure over time and across countries are influenced by key firm characteristics and economic drivers consistent with agency theory tenets.

2

Mandala, Waththage Gihani. "Auditors' materiality disclosures." Thesis, Queensland University of Technology, 2017. https://eprints.qut.edu.au/109794/1/Gihani_Mandala%20Waththage_Thesis.pdf.

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The purpose of this thesis is to investigate auditors' application of materiality in practice. By conducting a thematic analysis approach to analyse materiality disclosures in auditors' reports of entities listed in UK FTSE350, it identifies a list of key themes related to materiality benchmarks and rationales. Overall the findings reflect that there is a consistency between audit firms in disclosing materiality. The thesis contributes two strands of literature: it provides actual evidence of how auditors apply materiality in practice; and also shows that it is not more information, the better, but the meaningfulness of information matters when reducing expectations gap.

3

Johansson, Sara, and Sofia Thörnberg. "Risk Disclosures in Listed Companies : Exploring the Swedish Context." Thesis, Högskolan Kristianstad, Sektionen för Hälsa och Samhälle, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:hkr:diva-8437.

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Risk disclosure is an important issue, firstly to prevent future unexpected bankruptcies and economic scandals, secondly to create trust between a company and its stakeholders. Given the importance of the issue, previous literature has mainly focused on quantity of risk disclosures. In this dissertation, both quality and quantity of risk disclosures in the annual reports of 65 companies listed on the Nasdaq OMX Stockholm exchange are analyzed. The objectives are to describe the degree of risk disclosures and to understand whether the quality and quantity of this information can be explained by size, industry and/or performance of the company. By conducting a content analysis of the annual reports, we explored if the required risk information was disclosed (quantity) and how it was disclosed (quality). Afterwards, a statistical analysis was conducted in order to obtain a deeper understanding of the results from our content analysis. The findings of our study are that both quality and quantity of risk disclosures in our sample are only half as good as they should be according to requirements in the Swedish context. We found that there is a difference in quality and quantity of risk disclosures between two of the industry categories; Energy and Materials, where the first mentioned is the best and the second the worst. We did not find significant correlations between the quality and quantity of risk disclosure and the size or the performance for the whole sample. Still, we found some differences in both quality and quantity of risk disclosure information when looking at smaller parts of our sample. Size has a significant impact on both quality and quantity of risk disclosures within the Industrials and Information Technology companies. Among Information Technology companies, also performance has a significant impact on the quantity of risk disclosure.

4

Hodder, Leslie Davis. "Reliability and relevance of market risk disclosures by commercial banks." Access restricted to users with UT Austin EID Full text (PDF) from UMI/Dissertation Abstracts International, 2001. http://wwwlib.umi.com/cr/utexas/fullcit?p3034549.

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5

Filzen, Joshua James 1981. "The Information Content of Risk Factor Disclosures in Quarterly Reports." Thesis, University of Oregon, 2011. http://hdl.handle.net/1794/11536.

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xiv, 95 p.
I examine whether recently required Risk Factor update disclosures in quarterly reports provide investors with timely information regarding potential future negative outcomes. Specifically, I examine whether Risk Factor updates in 10-Q filings are associated with negative abnormal returns at the time the updates are disclosed and whether quarterly updates are followed by negative earnings shocks. I find that firms presenting updates to their Risk Factor disclosures have lower abnormal returns around the filing date of the 10-Q relative to firms without updates, although I find little evidence to suggest that the strength of this relationship is positively associated with the level of information asymmetry between managers and investors. Using analyst forecasts and a cross-sectional model to forecast earnings as measures of expected earnings prior to the release of Risk Factor updates, I find that firms with updates to their Risk Factors section have lower future unexpected earnings. I also find that firms with Risk Factor updates are more likely to experience future extreme negative earnings forecast errors. These findings suggest that the recent disclosure requirement mandated by the SEC was successful in generating timely disclosure of bad news. However, I also find some evidence that firms with updates to their Risk Factors section have stronger future positive performance shocks relative to firms without Risk Factor Updates, consistent with firms that disclose Risk Factor updates also having greater upside potential.
Committee in charge: Dr. Steven Matsunaga, Chairperson; Dr. Kyle Peterson, Member; Dr. Angela Davis, Member; Dr. Trudy Ann Cameron, Outside Member

6

Rattanataipop, Phorntep. "Risk disclosures in the annual reports of UK banks, 1995-2010." Thesis, University of Newcastle upon Tyne, 2013. http://hdl.handle.net/10443/1885.

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The internationalisation of financial flows has meant that the assessment of risk reporting has recently become one of the most significant issues in financial markets. The findings of this study are analysed using decision-usefulness to enhance the understanding of the risk disclosures of UK banks. In particular, these findings have enhanced the understanding of risk categories, information richness, and the influence of societal discussion on the risk reporting of the banking sector. This study analyses risk disclosures in the annual reports of six UK banks (i.e. RBS, NatWest, Lloyds TSB, HBOS, and HSBC), between 1995 and 2010, and in three main areas, which are: risk category membership, information richness, and the intensity of societal discussion (on risks). Content analysis is developed in this study to investigate both longitudinal and intrasectoral aspects for interpreting the content of risk disclosures in annual reports. In addition, content analysis of the news coverage of UK newspapers is conducted by using the LexisNexis electronic database to analyse the association between volumes of longitudinal banking sector risk disclosures against the intensity of societal discussion as proxied by the frequency, by year, of relevant newspaper citations, and by risk category. The findings of this study show that credit risk is the most disclosed risk (by volume) for all banks and in all years. Almost all of the risks are disclosed with high information content (in both qualitative and quantitative aspects), although the proportion of quantitative disclosures has declined over time. In addition, the majority of risk disclosures are neutral news statements, while a small proportion of disclosures give a warning of bad news. Risk reporting has become proportionately more concerned with the narrative of opinion and perception rather than the reporting of facts and quantitative information. Both fact and quantitative information are found to be disclosed with decreasing proportions over time. The volume of overall risk disclosures has had a smooth increase over time; however, this trend conceals a volumetric increase with many switch points in many risk categories (particularly during 2005 to 2009). The causes of these switch points have been found to include the adoption of accounting standards in 2005 and the financial crisis of 2007. Moreover, the findings of the correlations between all of the risk categories disclosed and the number of newspaper citations are indicative that newspaper citations are positively associated with the disclosure of key strategic banking risks (i.e. risk management, credit risk, liquidity risk, market risk, equity risk, and insurance and investment risk). The pattern of volume fluctuation is most frequently observed in the disclosures of Lloyds TSB and HBOS. This study has found that the risk disclosures of all companies have increased over time. In particular, both the quantity of disclosures and the number of risk categories disclosed have increased, in both the overall analysis of all companies and in the analysis of the individual companies.

7

Al, Smadi Safaa Adnan. "Corporate governance and risk disclosures practices in the annual reports of Jordanian banks." Thesis, University of Southampton, 2017. https://eprints.soton.ac.uk/419976/.

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Recent decades have witnessed an increasing demand for risk disclosures, a demand that has augmented since the 2007/2008 financial crisis (ICAEW 2011). According to Dobler et al. (2011), the lack of clarity in risk disclosures, coupled with a complex business environment, are factors, which have increased the need for research into firms’ disclosures about risk and risk management. Furthermore, business scandals and fraudulent cases (e.g. Enron and Worldcom), and the 2007/2008 credit crisis have shaken investor confidence in the information provided by firms (Rajab and Handley-Schachler 2009), and have called into question firms’ risk exposure and the reliability of financial reports (Oorschot 2009). It has been suggested that an increase in more relevant risk information would reduce investors’ uncertainty (Elshandidy and Neri 2015) and enhance the image and reputation of firms (Louhichi and Zreik 2015). This study intends to examine risk disclosure in annual reports of 15 listed Jordanian banks. Further, this research empirically examines the influence of corporate governance factors on the level of risk disclosure in the annual reports. This study will use mixed method research entailing quantitative and qualitative data analysis. Qualitative methods will employ semi-structured interviews, whilst the quantitative approach is based on content analysis and regression analysis over the period (2007-2016). Content analysis investigates risk disclosure volume, categories, nature, timeframe and news-type. Results showed that there is an increase in the number of total risk disclosures in the annual reports of the Jordanian banks for the period examined, banks in Jordan provided similar levels of risk disclosures in terms of total risk disclosure, risk categories, timeframe, news-type and nature (quantitative vs. qualitative). However, Banks did disclose low level of voluntary risk disclosures, most of the risk information was based on mandatory requirements, such as Basel and IFRS.

8

Yahya, Sofri B. "The communicate effectivness of market risk disclosures in the annual reports of financial firms." Thesis, University of Southampton, 2002. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.249994.

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9

Nikam, Prashant Tukaram. "Impact of risk disclosures through direct-to-consumer advertising on elderly consumers' behavioral intent." Connect to this title online, 2003. http://rave.ohiolink.edu/etdc/view?acc%5Fnum=osu1054007801.

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Thesis (Ph. D.)--Ohio State University, 2003.
Title from first page of PDF file. Document formatted into pages; contains xv, 159 p.; also includes graphics (some col.) Includes bibliographical references (p. 152-159). Available online via OhioLINK's ETD Center

10

Bean, Anne J. "An exploration of the usefulness of the disclosures for derivatives in company annual reports." Thesis, Queensland University of Technology, 2016. https://eprints.qut.edu.au/95938/1/Anne_Bean_Thesis.pdf.

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The objective of the thesis was to explore whether the disclosure of derivatives transactions in company annual reports provides users with information that is useful, and to the extent that they do not, identify possible reasons. User perceptions of usefulness were examined through in-depth interviews, complemented by an analysis of the evolution of applicable international accounting standards over a ten-year period. Findings from both studies highlight that the disclosure of risk management strategies and risk exposures are demanded by users, and resisted by companies.

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Книги з теми "Risk disclosures":

1

Kissing, Philipp. Corporate Disclosures and Financial Risk Assessment. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1.

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2

Russell, Marcia L. Property disclosures: The real estate professional's guide to reducing risk. Chicago: Dearborn Real Estate Education, 2003.

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3

Financial Accounting Foundation. Governmental Accounting Standards Board. Guide to implementation of GASB statement 40 on deposit and investment risk disclosures: Questions and answers. Norwalk, CT: Governmental Accounting Standards Board, 2003.

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4

Veltri, Stefania. Mandatory Non-financial Risk-Related Disclosure. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-47921-3.

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5

Prodhan, Bimal. Multinational accounting: Segment disclosure and risk. London: Croom Helm, 1986.

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6

Prodhan, B. Multinational accounting: Segment disclosure and risk. London: Croom Helm, 1986.

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7

Polizzi, Salvatore. Risk Disclosure in the European Banking Industry. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-93967-0.

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8

Board, Securities and Investments. Cold calling, client money, risk disclosure: The new approach. London: Securities and Investments Board, 1989.

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9

Boritz, J. Efrim. Approaches to dealing with risk and uncertainty. Toronto, Canada: CICA, 1990.

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Trindade, F. A. Disclosure of risks in proposed medical treatment. London: Stevens, 1993.

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Частини книг з теми "Risk disclosures":

1

Johnston, Alejandro. "Liquidity and Funding Disclosures." In Liquidity Risk Management, 263–76. Hoboken, NJ, USA: John Wiley & Sons, Inc, 2016. http://dx.doi.org/10.1002/9781118898130.ch14.

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Kissing, Philipp. "Introduction." In Corporate Disclosures and Financial Risk Assessment, 1–2. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_1.

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Kissing, Philipp. "Theoretical Foundation and Previous Research Approaches." In Corporate Disclosures and Financial Risk Assessment, 3–31. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_2.

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Kissing, Philipp. "Conceptual Framework and Research Approach." In Corporate Disclosures and Financial Risk Assessment, 33–39. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_3.

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Kissing, Philipp. "Corporate Disclosures of Mid-Caps and Market Risk Indicators." In Corporate Disclosures and Financial Risk Assessment, 41–76. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_4.

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6

Kissing, Philipp. "Corporate Disclosures and the Decision-Making Process of Financial Investors." In Corporate Disclosures and Financial Risk Assessment, 77–120. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_5.

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Kissing, Philipp. "Synthesis of Developed Models." In Corporate Disclosures and Financial Risk Assessment, 121–24. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_6.

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Kissing, Philipp. "Synopsis." In Corporate Disclosures and Financial Risk Assessment, 125–26. Wiesbaden: Springer Fachmedien Wiesbaden, 2016. http://dx.doi.org/10.1007/978-3-658-12460-1_7.

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Li, Jianping, Lu Wei, and Xiaoqian Zhu. "Bank Risk Aggregation with Forward-Looking Textual Risk Disclosures." In Financial Statements-Based Bank Risk Aggregation, 185–205. Singapore: Springer Singapore, 2022. http://dx.doi.org/10.1007/978-981-19-0408-0_10.

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Li, Jianping, Lu Wei, and Xiaoqian Zhu. "Analysis of Textual Risk Disclosures in Financial Statements." In Financial Statements-Based Bank Risk Aggregation, 151–84. Singapore: Springer Singapore, 2022. http://dx.doi.org/10.1007/978-981-19-0408-0_9.

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Тези доповідей конференцій з теми "Risk disclosures":

1

Oreshkova, Hristina. "Achieving Disclosure Efficiency Regarding the Climate-Related Issues: A Unique Challenge to the Present-Day Corporate Reporting." In 8th International Scientific Conference ERAZ - Knowledge Based Sustainable Development. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2022. http://dx.doi.org/10.31410/eraz.2022.117.

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Over the recent decades, climate change has been intensifying. The problems caused by climate change are unique. The process creates an existential threat to humans and other living beings interrelated with another risk arising from the crisis caused by biodiversity deterioration and environmental degradation. The coexisting impacts of both factors on people, biodiversity, economic sectors, and entities pose unprecedented challenges to humankind. The present-day unfavorable impacts of climate change require adequate governmental, and managerial strategies, policies, and activities as well as administrative actions for achieving sustainable, fair, and resilient growth. Phenomena and processes indicating climate change are developing on a global scale. That gives rise to discussions and highlights and justifies the need for meaningful, transparent, and complete climate-related disclosures. The necessity of trustworthy disclosures on climate-related matters and inherent risks and opportunities related to adaptation to climate change and its mitigation is a problem of crucial importance to the article. The relevance of climate-related disclosures as a significant part of present-day corporate reporting proves to be of great significance for achieving disclosure efficiency. The author aims to highlight, discuss and justify the necessity of applying a responsible approach to carry out an adequate disclosure policy and provide meaningful, consistent, and comparable disclosures on climate-related matters, risks and opportunities considered a significant part of present-day corporate reporting, and substantiate why probable benefits for a sustainable future can be expected, not only for the company. The terminology of the research is in the field of financial and non-financial reporting and their regulatory frameworks that are still not fully aligned. Heuristic methods of knowledge – analysis and synthesis, induction and deduction, descriptive approach, and techniques such as observation, analogy, comparison, and others are applied, for achieving the author’s objective.

2

Xiaodi Zhu, Steve Y. Yang, and Somayeh Moazeni. "Firm risk identification through topic analysis of textual financial disclosures." In 2016 IEEE Symposium Series on Computational Intelligence (SSCI). IEEE, 2016. http://dx.doi.org/10.1109/ssci.2016.7850005.

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3

Groth, Sven S., and Jan Muntermann. "Discovering Intraday Market Risk Exposures in Unstructured Data Sources: The Case of Corporate Disclosures." In 2010 43rd Hawaii International Conference on System Sciences. IEEE, 2010. http://dx.doi.org/10.1109/hicss.2010.152.

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4

Kim, Min Gyeong, Kyu Sung Kim, and Kun Chang Lee. "Analyzing the Effects of Topics Underlying Companies' Financial Disclosures about Risk Factors on Prediction of ESG Risk Ratings: Emphasis on BERTopic." In 2022 IEEE International Conference on Big Data (Big Data). IEEE, 2022. http://dx.doi.org/10.1109/bigdata55660.2022.10021110.

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5

Jean, Mark S., and Eric Grant. "Management System Enabled ESG Performance." In 2022 14th International Pipeline Conference. American Society of Mechanical Engineers, 2022. http://dx.doi.org/10.1115/ipc2022-86870.

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Abstract Throughout the centuries, companies have faced a wide range of challenges and changes that have caused them to rethink their strategies and redesign their organizations. The recent focus on environmental, social, and governance (ESG) performance is one of the new challenges facing companies today. ESG builds on prior Corporate Social Responsibility (CSR) reporting, adding additional structure and rigour to the process for disclosure. It is not the concept of ESG that is challenging, but the speed at which the public and other key stakeholders, including institutional investors and regulators, have endorsed it that creates the greatest issue for companies. It has affected their ability to attract investment, increases costs for borrowing as well as for insurance. This directly impacts a company’s ability to finance and get access to lower-cost capital for their growth and ongoing operations[1]. There are many different disclosure frameworks in place to support ESG improvement and reporting. These include including Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Task Force on Climate-related financial Disclosures (TCFD), United Nations (UN) Sustainability Goals, etc. with new frameworks being added and changes being made on a regular basis. While there are many different frameworks, many share a common objective of improved performance in one or more of the ESG pillars. This improvement is not intended to be acute, but rather demonstrate continual organizational improvement over time. To effectively meet ESG requirements, companies will have to demonstrate sustained improvements in defined ESG pillars, supported by: • Defined ESG strategies; • Established processes and consistent and progressive practices; • Measurement, reporting, and leadership oversight; and • Disclosure/Transparency (e.g. public reporting)[2] As the recognition of ESG continues to grow, so too has the use of management systems, especially in the pipeline industry. Many companies are developing or have developed a management system to support their organization and operations. This is one of the key tools that companies can use to systematically improve their ESG performance. It provides the structure to support effective ESG risk identification, management, mitigation, and reporting, providing the necessary sustained improvement and governance oversight needed. Through a management system plan-do-check-act (PDCA) approach, ESG initiatives can be effectively planned, executed, reviewed, and reported to support ongoing improvement in both ESG as well existing operations. The proposed paper will discuss the relationship between management systems and ESG how to leverage a management system to support systematic improvements in ESG performance and year-over-year improvement in ESG related metrics.

6

Trabelsi, Slim, Vincent Salzgeber, Michele Bezzi, and Gilles Montagnon. "Data disclosure risk evaluation." In 2009 Fourth International Conference on Risks and Security of Internet and Systems (CRiSIS 2009). IEEE, 2009. http://dx.doi.org/10.1109/crisis.2009.5411979.

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DIMITROVA-DOBREVA, DESISLAVA, and SLAVENA STOYANOVA. "DISCLOSURE OF THE RISKS TAKEN BY THE BANKS ON THE EXAMPLE OF COMMERCIAL BANK D AD." In INTERNATIONAL SCIENTIFIC CONFERENCE MATHTECH 2022. Konstantin Preslavsky University Press, 2022. http://dx.doi.org/10.46687/lmfl9871.

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The nature of banking involves managing multiple risks. The overall framework of the bank's methods, organizational structure and processes is defined in the risk and risk management policy strategy, developed in accordance with local regulatory requirements, the BNB's risk management guidelines and the European Banking Authority. The pandemic and high levels of uncertainty over the macroeconomic outlook are the dominant forces that have identified risks to supervised institutions over the past two years. Disclosure of risks taken by banks aims to raise awareness of customers, counterparties and investors about the risks taken, as well as to present methods for their assessment and management.

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Truta, Traian Marius, Farshad Fotouhi, and Daniel Barth-Jones. "Disclosure risk measures for the sampling disclosure control method." In the 2004 ACM symposium. New York, New York, USA: ACM Press, 2004. http://dx.doi.org/10.1145/967900.967964.

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Kiflee, Ag Kaifah Riyard bin. "Risk Disclosure And Corporate Governance Characteristics." In 13th Asian Academy of Management International Conference 2019. European Publisher, 2020. http://dx.doi.org/10.15405/epsbs.2020.10.1.

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Agustin, Putri, Bunga Maharani, and Rochman Effendi. "Financial Risk Disclosure and Corporate Governance." In Conference on International Issues in Business and Economics Research (CIIBER 2019). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210121.006.

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Звіти організацій з теми "Risk disclosures":

1

Baboukardos, Diogenis, Dionysia Dionysiou, Richard Slack, Ioannis Tsalavoutas, and Fanis Tsoligkas. Climate Change Risk-related Disclosures in Extractive Industries. ACCA and Adam Smith Business School, 2021. http://dx.doi.org/10.36399/gla.pubs.234936.

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Tsalavoutas, IIoannis, Baboukardos Baboukardos, Dionysia Dionysiou, and Fanis Tsoligkas. Climate Change Risk-related Disclosures in Extractive Industries: A Comparative Study. ACCA and Adam Smith Business School, 2021. http://dx.doi.org/10.36399/gla.pubs.258686.

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3

Barrios, John, and Thomas Wollmann. A New Era of Midnight Mergers: Antitrust Risk and Investor Disclosures. Cambridge, MA: National Bureau of Economic Research, January 2022. http://dx.doi.org/10.3386/w29655.

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4

Beshears, John, James Choi, David Laibson, and Brigitte Madrian. Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking? Cambridge, MA: National Bureau of Economic Research, March 2011. http://dx.doi.org/10.3386/w16868.

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5

Yakovlev, Evgeny, Denis Nekipelov, and Tatiana V. Komarova. Identification, data combination and the risk of disclosure. Institute for Fiscal Studies, December 2011. http://dx.doi.org/10.1920/wp.cem.2011.3811.

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6

Polinsky, A. Mitchell, and Steven Shavell. Mandatory Versus Voluntary Disclosure of Product Risks. Cambridge, MA: National Bureau of Economic Research, December 2006. http://dx.doi.org/10.3386/w12776.

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7

Rukundo, Solomon. Tax Amnesties in Africa: An Analysis of the Voluntary Disclosure Programme in Uganda. Institute of Development Studies (IDS), December 2020. http://dx.doi.org/10.19088/ictd.2020.005.

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Tax amnesties have taken centre stage as a compliance tool in recent years. The OECD estimates that since 2009 tax amnesties in 40 jurisdictions have resulted in the collection of an additional €102 billion in tax revenue. A number of African countries have introduced tax amnesties in the last decade, including Nigeria, Namibia, South Africa and Tanzania. Despite their global popularity, the efficacy of tax amnesties as a tax compliance tool remains in doubt. The revenue is often below expectations, and it probably could have been raised through effective use of regular enforcement measures. It is also argued that tax amnesties might incentivise non-compliance – taxpayers may engage in non-compliance in the hope of benefiting from an amnesty. This paper examines the administration of tax amnesties in various jurisdictions around the world, including the United States, Australia, Canada, Kenya and South Africa. The paper makes a cost-benefit analysis of these and other tax amnesties – and from this analysis develops a model tax amnesty, whose features maximise the benefits of a tax amnesty while minimising the potential costs. The model tax amnesty: (1) is permanent, (2) is available only to taxpayers who make a voluntary disclosure, (3) relieves taxpayers of penalties, interest and the risk of prosecution, but treats intentional and unintentional non-compliance differently, (4) has clear reporting requirements for taxpayers, and (5) is communicated clearly to attract non-compliant taxpayers without appearing unfair to the compliant ones. The paper then focuses on the Ugandan tax amnesty introduced in July 2019 – a Voluntary Disclosure Programme (VDP). As at 7 November 2020, this initiative had raised USh16.8 billion (US$6.2 million) against a projection of USh45 billion (US$16.6 million). The paper examines the legal regime and administration of this VDP, scoring it against the model tax amnesty. It notes that, while the Ugandan VDP partially matches up to the model tax amnesty, because it is permanent, restricted to taxpayers who make voluntary disclosure and relieves penalties and interest only, it still falls short due to a number of limitations. These include: (1) communication of the administration of the VDP through a public notice, instead of a practice note that is binding on the tax authority; (2) uncertainty regarding situations where a VDP application is made while the tax authority has been doing a secret investigation into the taxpayer’s affairs; (3) the absence of differentiated treatment between taxpayers involved in intentional non-compliance, and those whose non-compliance may be unintentional; (4) lack of clarity on how the VDP protects the taxpayer when non-compliance involves the breach of other non-tax statutes, such as those governing financial regulation; (5)absence of clear timelines in the administration of the VDP, which creates uncertainty;(6)failure to cater for voluntary disclosures with minor errors; (7) lack of clarity on VDP applications that result in a refund position for the applicant; and (8) lack of clarity on how often a VDP application can be made. The paper offers recommendations on how the Ugandan VDP can be aligned to match the model tax amnesty, in order to gain the most from this compliance tool.

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Agarwal, Smisha, Madhu Jalan, Holly C. Wilcox, Ritu Sharma, Rachel Hill, Emily Pantalone, Johannes Thrul, Jacob C. Rainey, and Karen A. Robinson. Evaluation of Mental Health Mobile Applications. Agency for Healthcare Research and Quality (AHRQ), May 2022. http://dx.doi.org/10.23970/ahrqepctb41.

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Background. Mental health mobile applications (apps) have the potential to expand the provision of mental health and wellness services to traditionally underserved populations. There is a lack of guidance on how to choose wisely from the thousands of mental health apps without clear evidence of safety, efficacy, and consumer protections. Purpose. This Technical Brief proposes a framework to assess mental health mobile applications with the aim to facilitate selection of apps. The results of applying the framework will yield summary statements on the strengths and limitations of the apps and are intended for use by providers and patients/caregivers. Methods. We reviewed systematic reviews of mental health apps and reviewed published and gray literature on mental health app frameworks, and we conducted four Key Informant group discussions to identify gaps in existing mental health frameworks and key framework criteria. These reviews and discussions informed the development of a draft framework to assess mental health apps. Iterative testing and refinement of the framework was done in seven successive rounds through double application of the framework to a total of 45 apps. Items in the framework with an interrater reliability under 90 percent were discussed among the evaluation team for revisions of the framework or guidance. Findings. Our review of the existing frameworks identified gaps in the assessment of risks that users may face from apps, such as privacy and security disclosures and regulatory safeguards to protect the users. Key Informant discussions identified priority criteria to include in the framework, including safety and efficacy of mental health apps. We developed the Framework to Assist Stakeholders in Technology Evaluation for Recovery (FASTER) to Mental Health and Wellness and it comprises three sections: Section 1. Risks and Mitigation Strategies, assesses the integrity and risk profile of the app; Section 2. Function, focuses on descriptive aspects related to accessibility, costs, organizational credibility, evidence and clinical foundation, privacy/security, usability, functions for remote monitoring of the user, access to crisis services, and artificial intelligence (AI); and Section 3. Mental Health App Features, focuses on specific mental health app features, such as journaling and mood tracking. Conclusion. FASTER may be used to help appraise and select mental health mobile apps. Future application, testing, and refinements may be required to determine the framework’s suitability and reliability across multiple mental health conditions, as well as to account for the rapidly expanding applications of AI, gamification, and other new technology approaches.

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Gutiérrez, José E., and Luis Fernández Lafuerza. Credit line runs and bank risk management: evidence from the disclosure of stress test results. Madrid: Banco de España, December 2022. http://dx.doi.org/10.53479/25006.

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As noted in recent literature, firms can run on credit lines due to fear of future credit restrictions. We exploit the 2011 stress test supervised by the European Banking Authority (EBA) and the Spanish Central Credit Register to explore: 1) the occurrence and magnitude of these runs after the release of negative stress test results; and 2) banks’ behaviour before and after the release of this information. We find that, following the release of the results, firms drew down approximately 10 pp more available funds from lines granted by banks that had a worse performance in the stress test. Moreover, before the release date, poorer performing banks were more likely to reduce the size of credit lines, while those with more significant balances of undrawn credit lines were more likely to cut term lending.

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Gutiérrez, José E., and Luis Fernández Lafuerza. Credit line runs and bank risk management: evidence from the disclosure of stress test results. Madrid: Banco de España, January 2023. http://dx.doi.org/10.53479/24998.

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As noted in recent literature, firms can run on credit lines due to fear of future credit restrictions. We exploit the 2011 stress test supervised by the European Banking Authority (EBA) and the Spanish Central Credit Register to explore: 1) the occurrence and magnitude of these runs after the release of negative stress test results; and 2) banks’ behaviour before and after the release of this information. We find that, following the release of the results, firms drew down approximately 10 pp more available funds from lines granted by banks that had a worse performance in the stress test. Moreover, before the release date, poorer performing banks were more likely to reduce the size of credit lines, while those with more significant balances of undrawn credit lines were more likely to cut term lending.