Does Operational Risk Disclosure Quality Increase Operating Cash Flows?
Journal Title: BAR: Brazilian Administration Review - Year 2017, Vol 14, Issue 4
Abstract
This study aims to measure the degree of operational risk disclosure and examine its impact on operating cash flow of banks listed on the UAE Abu Dhabi Stock Exchange (ADX) and Dubai Financial Market (DFM) during the period 2003-2016. The authors conducted content analysis of the annual reports to measure the degree of operational risk disclosure. In addition, they used dynamic panel data regressions to analyze the impact of operational risk disclosure on the operating cash flow generated by the banks. The results show a low degree of operational risk disclosure for all UAE banks, both Islamic and conventional. In addition, the results show no association between the levels of disclosure of operational risk and cash flow for all banks, conventional and Islamic. Operational risk disclosure of Islamic banks has not been examined by any prior researchers. In addition, this paper examines the potential impact of operational risk disclosure on the operating cash flow generated by the banks.
Authors and Affiliations
Nobanee, Haitham; Ellili, Nejla
Keywords
Related Articles
- EP ID EP40654
- DOI http://dx.doi.org/10.1590/1807-7692bar2017170025
- Views 252
- Downloads 0
Dynamics of Competition and Survival
Along time, increasing competitiveness is said to have shortened firms’ life spans; however, for those who managed to survive, the question relies on what are the best competitive positions. The question is whether firm...
Economic Incentives or Communication: How Different Are their Effects on Trust
This study investigates the effects of economic incentives and communication on the cognitive and behavioral responses after an alleged trust violation. We argue that these responses depend on the type of solution used...
Antecedents and Consequences of Market Orientation: a Brazilian Meta-Analysis and an International Mega-Analysis
Market orientation has emerged as a significant antecedent of organizational performance and is presumed to contribute to the long-term success of a firm. The growing number of academic studies on market orientation an...
On Social Enterprises and Social Entrepreneurship: An Extension
Research on social entrepreneurship still lacks theoretical depth, as well as the analysis of the antecedents that lead to the emergence of social enterprises. Seeking to advance such discussion, this paper aims to ana...
Organizational Memory and Forgetfulness Generating Vulnerabilities in Complex Environments
This article analyzes the relationship between organizational memory and forgetfulness in the generation of operational vulnerabilities, based on a case study carried out with a highly specialized technical team from a...