Disclosure and bank risk: Evidence from European banks

Yener Altunbas; Atiqur Khan; John Thornton

doi:10.1016/j.frl.2023.104499

Disclosure and bank risk: Evidence from European banks

Ysgol Busnes Albert Gubay

Office of Technical Assistance, US Department of the Treasury
The Business School, University of Roehampton

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

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We employ a self-developed dictionary designed to analyze bank financial statements to study the link between disclosure and bank risk in a sample of 225 European banks over the period 2011–2017. Disclosure is associated with reduced default risk for all but the most aggressive risk- taking banks, with the result weakly conditional on capital strength. At the same time, disclosure appears to increase systemic risk for European banks.

Iaith wreiddiol	Saesneg
Rhif yr erthygl	104499
Nifer y tudalennau	8
Cyfnodolyn	Finance Research Letters
Cyfrol	58
Rhif cyhoeddi	part B
Dyddiad ar-lein cynnar	19 Medi 2023
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.1016/j.frl.2023.104499
Statws	Cyhoeddwyd - 1 Rhag 2023

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10.1016/j.frl.2023.104499Trwydded: CC BY-NC-ND

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title = "Disclosure and bank risk: Evidence from European banks",

abstract = "We employ a self-developed dictionary designed to analyze bank financial statements to study the link between disclosure and bank risk in a sample of 225 European banks over the period 2011–2017. Disclosure is associated with reduced default risk for all but the most aggressive risk- taking banks, with the result weakly conditional on capital strength. At the same time, disclosure appears to increase systemic risk for European banks. ",

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N2 - We employ a self-developed dictionary designed to analyze bank financial statements to study the link between disclosure and bank risk in a sample of 225 European banks over the period 2011–2017. Disclosure is associated with reduced default risk for all but the most aggressive risk- taking banks, with the result weakly conditional on capital strength. At the same time, disclosure appears to increase systemic risk for European banks.

AB - We employ a self-developed dictionary designed to analyze bank financial statements to study the link between disclosure and bank risk in a sample of 225 European banks over the period 2011–2017. Disclosure is associated with reduced default risk for all but the most aggressive risk- taking banks, with the result weakly conditional on capital strength. At the same time, disclosure appears to increase systemic risk for European banks.

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Disclosure and bank risk: Evidence from European banks

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