Web-based Financial Reporting Disclosure: Evidence from Selected Banks in the Kingdom of Saudi Arabia (KSA)

Sarea, Adel

doi:10.2478/jcbtp-2020-0019

Cited by 8 publications

(14 citation statements)

References 20 publications

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“…These results along with the mean value (3.3551) indicate that updating the web information comes in a moderate level. Investigating the prior results indicated almost similar results (e.g., Sandhu & Singh, 2019;Sarea, 2020) or less (e.g., Çalışkan & Güler, 2014;Pinto & Picoto, 2016). These, results are not acceptable and companies should give the updating process more emphasis in Jordan.…”

Section: Web-based Information Updatingmentioning

confidence: 93%

“…Therefore, prior studies investigated, for example, the updating frequency of web-based information, communications tools and browsing format. For example, several studies (e.g., Çalışkan & Güler, 2014;Khan, 2016;Pinto & Picoto, 2016;Dolinšek & Lutar-Skerbinjek, 2018;Sandhu & Singh, 2019;Sarea, 2020) found that PDF is the main format for disclosing information on Business and Management Horizons ISSN 2326-0297 2020, Vol. 9, No.…”

Section: Website Presentationmentioning

confidence: 99%

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Importance and Potential Advantages of Web-based Corporate Disclosure in Jordan: Current Status and Future Aspirations

Sawalqa

Al-Msiedeen

2021

BMH

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The study examines the perceptions of accounting information users toward the importance of a web-based disclosure for 32 items and the potential advantages for both the users and companies. The study also investigates the perceptions of users regarding the websites presentation and the obstacles of web-based disclosure. In addition, the study examines empirically the relationship between the importance of web-based disclosure and the potential advantages for both users and companies. Based on 107 online users’ responses, results show that financial information is the most important information that should be disclosed on the websites of companies according to users. Results also show that the mean values of the advantages for both users and companies are, high, close and significant. Users’ perceptions indicate that competition, cost and audit issues are the main obstacles that may hinder companies to use websites for disclosure. In addition, findings show a positive and significant relationship between the “financial” factor and the users’ potential advantages. In respect to the companies’ potential advantages, results show that both “human resources and suppliers” factor and “the governance, quality and strategy” factor have positive and significant relationship with the companies’ potential advantages. Accordingly, decision-makers should effectively use the seven factors that extracted from principle component analysis as a web-based disclosure model to create advantages for both users and companies.

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Section: Web-based Information Updatingmentioning

confidence: 93%

Section: Website Presentationmentioning

confidence: 99%

Importance and Potential Advantages of Web-based Corporate Disclosure in Jordan: Current Status and Future Aspirations

Sawalqa

Al-Msiedeen

2021

BMH

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“…The items are based on the literature review and the regulatory framework of the banking system in Paraguay, in line with Resolution N° 65/2010 of the CBP [ 64 ] (see S1 Appendix ). The first 15 items of the IOTCG correspond to mandatory information and analyzes the online information regarding the corporate rules related to the good governance of the bank, such as by-laws and shareholders meetings’ rules or other corporate rules such as Regulations of the Board of Directors [ 47 , 64 , 65 ] as well as information on the bank management such as corporate or Board Structure [ 12 , 19 , 28 , 33 , 38 , 44 , 64 – 66 ]. Likewise, the financial information available on financial statements from the last quarter and historical data are also included in the index according to similar studies and the regulation [ 28 , 40 , 64 , 67 , 68 ].…”

Section: Methodsmentioning

confidence: 99%

“…The first 15 items of the IOTCG correspond to mandatory information and analyzes the online information regarding the corporate rules related to the good governance of the bank, such as by-laws and shareholders meetings’ rules or other corporate rules such as Regulations of the Board of Directors [ 47 , 64 , 65 ] as well as information on the bank management such as corporate or Board Structure [ 12 , 19 , 28 , 33 , 38 , 44 , 64 – 66 ]. Likewise, the financial information available on financial statements from the last quarter and historical data are also included in the index according to similar studies and the regulation [ 28 , 40 , 64 , 67 , 68 ]. Moreover, previous research and regulation state the importance of information transparency concerning minutes of the shareholders’ meetings, dividend distribution policies, and shareholder agreements [ 43 , 64 ].…”

Section: Methodsmentioning

confidence: 99%

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What determines the progress of online information access to banking corporate governance practices? The case of Paraguay

2022

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This paper contributes to the lack of longitudinal studies concerning online information access to corporate governance (CG) practices in the banking sector of Latin American countries. In particular, this study aims to analyze the factors that influence information transparency, both mandatory and voluntary, related to CG practices of banks that operate in Paraguay via their websites from 2016 to 2019. Findings indicate the need to improve the level of information available on websites, with disclosure of voluntary information on CG practices being more prevalent than the disclosure of mandatory information. Likewise, banks that operate in Paraguay have made scant “progress” regarding online access to their governance information over the years analyzed. Moreover, the factors “Bank size” and “listed status” positively influence the information transparency regarding CG practices of Paraguayan banks. In contrast, “leverage,” “liquidity,” “size of the audit firm,” and “credit risk rating” are factors that have a negative relation with the extent of CG disclosure.

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Ownership concentration and its influence on transparency and disclosures of banks in India

Bhimavarapu

Rastogi

Kanoujiya

2022

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Purpose The disclosures in banks have become a matter of grave concern, especially post 2008 world financial crisis. The issue further gets exacerbated because disclosers in banks are part of the III pillar of BASEL-II floated in 1999, and despite that, banks face challenges in this regard. Ownership concentration (OC) is a point of discussion because it may affect banks’ corporate governance and transparency and disclosures (T&D) issues. This study aims to determine how OC affects the transparency in the banks. Design/methodology/approach A T&D index is built into the study covering all the relevant contemporary issues regarding disclosures in banks. The panel data specification is used to find out the association of components of the OC on the T&D practices in the banks. Bank data of 34 banks are gathered for four years for the study. Findings It is found that except for retail investors, other classes of OC are not concerned with the disclosures in the banks even though substantial financial and non-financial interests are at stake concerning them. The study’s findings suggest framing policies and regulations considering the accountability of promoters and institutional investors for ensuring disclosures in banks. Research limitations/implications A few proxies to measure T&D found in the literature have not been used in the study. Similarly, the definition of promoter’s class of investors can be improved. Originality/value To the best of the authors’ knowledge, no other study builds T&D for banks and examines their impact because of the ownership classes (as used by the current study). This study is unique in this aspect.

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Web-based Financial Reporting Disclosure: Evidence from Selected Banks in the Kingdom of Saudi Arabia (KSA)

Cited by 8 publications

References 20 publications

Importance and Potential Advantages of Web-based Corporate Disclosure in Jordan: Current Status and Future Aspirations

Importance and Potential Advantages of Web-based Corporate Disclosure in Jordan: Current Status and Future Aspirations

What determines the progress of online information access to banking corporate governance practices? The case of Paraguay

Ownership concentration and its influence on transparency and disclosures of banks in India

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