Purpose This study aims at investigating banks’ compliance with the disclosure requirements of Basel III in two emerging market economies, namely, the United Arab Emirates (UAE) and India. This study also examines the impact of economic factors on the extent of disclosures. Design/methodology/approach The authors compare the Basel disclosure practices between UAE and Indian listed banks and have used panel data regression models to investigate the compliance and level of reporting based on three market variables, namely, size, leverage and profitability of listed banks. Findings After examining Basel reporting for each of three categories of independent factors, size was found to be the predominant factor influencing the Basel disclosures, followed by profitability and degree of financial leverage. It is prudent for all the banks irrespective of size to capitalize on themselves with an intent to tide over the frequent economic crises and prevent every economic crisis from becoming a full-blown financial crisis. Practical implications The findings suggest that there is an urgent need for a high level of concerted action in the context of listed banks in the selected emerging market nations to direct more resources to ensure full compliance with Basel III. The findings inform practitioners in emerging countries of compliance and plan expanded future applications. Investors should consider the BASEL compliance level of Banks before parking their funds in the bank’s stocks. The banks having a higher degree of compliance are expected to be safer than their counterparts having lower Basel compliance. Originality/value Many previous studies have examined the implementation of Basel III in general. This study is specific in assessing the compliance with disclosure requirements as prescribed by Pillar III of the Basel norms. To the best of the authors’ knowledge, this is the first research to compare market discipline in emerging markets. Existing studies have either assessed the level of compliance in one individual or similar types of markets. However, this study made a pioneering attempt to compare two different countries in the same category (emerging markets).
The twenty-first century has witnessed social media taking firm root into business and economic activity. It can no longer be considered as a tool for ‘social' activity alone. Even governments have taken to it in order to open up communication channels with citizens and provide more effective services. The healthcare sector is a unique field where information sources and uses need to be handled with utmost care, as the risks extend not only to the healthcare provider, but more so to the recipient and others such as prospective recipients, the broader community, and regulators. Therefore, responsible use of social media in healthcare is critical, whether it be with respect to ‘customer' relationship, marketing, education, recruitment or community building. This chapter scrutinizes relevant literature, which has been published in various disciplines, to provide significant insight into the question of how social media can improve healthcare administration. Practical implications and opportunities for further research are also highlighted.
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