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:: Volume 32, Issue 109 (quarterly journal of economic research and policies 2024) ::
qjerp 2024, 32(109): 140-174 Back to browse issues page
The Effect of Public Information Disclosure of Banks on Profitability According to Economic Environmental Factors
Azam Ahmadyan * , Wahhab Qelich
Monetary and banking , azam_ahmadyan@yahoo.com
Abstract:   (610 Views)
Supervision of banks during financial life of banks shows that changes in the performance of banks can affect the economy. Disclosure of bank information is one of the ways that policymakers, investors, and depositors in the banking sector can monitor the good performance of banks. In this regard, reputable international organizations such as the Basel Committee, and the Economic Development and Cooperation Organization, have expressed a framework for corporate governance and information disclosure. In Iran, the framework of disclosure of bank information has also been stated. The review of theoretical literature indicates the existence of an optimal level of information disclosure according to economic and environmental factors. Considering the importance of the topic, in this article, the relationship between information disclosure and profitability of banks in the short and long term has been investigated by using the ARDL model in the period of 2001-2021. The results show that there is an inverted U-shaped relationship between information disclosure and banks' profitability so with the increase in information disclosure, the level of banks' profitability improves first and then decreases from the optimal level. Also, there is a U-shaped relationship between information disclosure and banks' profitability according to the level of economic growth, so first with the increase of disclosure and economic growth of banks, the profitability of banks decreases, and after the minimum point of banks' profitability, with the increase of economic growth and disclosure, profitability Banks increase. On the other hand, there is an inverted U-shaped relationship between information disclosure and banks' profitability according to the level of inflation. So, it is suggested to bank supervisors to pay attention to macroeconomic conditions in the requirement to information disclose. So according to the level of economic growth and the level of inflation, they determine the amount of information disclosure.
 
Keywords: Information disclosure, Profitability, Economic growth, Inflation, ARDL model
Full-Text [PDF 976 kb]   (249 Downloads)    
Type of Study: Research | Subject: Special
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Ahmadyan A, Qelich W. The Effect of Public Information Disclosure of Banks on Profitability According to Economic Environmental Factors. qjerp 2024; 32 (109) :140-174
URL: http://qjerp.ir/article-1-3472-en.html


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Volume 32, Issue 109 (quarterly journal of economic research and policies 2024) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
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