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Assessment of the Pillar 3 Financial and Risk Information Disclosures Usefulness to the Commercial Banks Users

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Advanced Intelligent Computing Theories and Applications (ICIC 2015)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 9227))

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Abstract

The paper analyses usefulness of the Pillar 3 financial and risk information disclosures to the commercial banks users. The Pillar 3 are specific regulatory disclosures requirements set out in the Basel 2 framework and incorporated into EU law and subsequently laws of the member states. According to Pillar 3 intention market participants should be able to understand and subsequently judge the relevance of the bank risk position and risk management and try to discipline “risky” banks. Due to that the European authorities are focused on control and improvements of the banks’ disclosures. However, less is done as far as usefulness of the Pillar 3 risk information to the commercial banks users is. The authors try to assess at which extent is information useful for users of the banks that operate in countries where banking sectors are dominated by foreign-owned entities and depositors (sophisticated and non sophisticated; insured and uninsured; primarily non-financial ones) is a key source of market discipline. The authors focus on modelling of visitor behaviours at website where financial and risk information according to Pillar 3 requirements is available. The results show that there is in general small interest in Pillar 3 information and even financial and risk related information belongs to those where interests is the lowest one.

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Acknowledgments

This paper is supported by the project VEGA 1/0392/13 Modelling of Stakeholders’ Behaviour in Commercial Bank during the Recent Financial Crisis and Expectations of Basel Regulations under Pillar 3- Market Discipline.

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Authors and Affiliations

  1. Commenius University, Odbojarov 10, 820 05, Bratislava, Slovakia

    Anna Pilkova & Michal Medo

  2. Constantine the Philosopher University in Nitra, Tr. A. Hlinku 1, 949 74, Nitra, Slovakia

    Michal Munk & Peter Svec

Authors
  1. Anna Pilkova
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  2. Michal Munk
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  3. Peter Svec
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  4. Michal Medo
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Corresponding author

Correspondence to Michal Munk .

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Editors and Affiliations

  1. Tongji University, Shanghai, China

    De-Shuang Huang

  2. Incheon, Korea (Republic of)

    Kyungsook Han

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Pilkova, A., Munk, M., Svec, P., Medo, M. (2015). Assessment of the Pillar 3 Financial and Risk Information Disclosures Usefulness to the Commercial Banks Users. In: Huang, DS., Han, K. (eds) Advanced Intelligent Computing Theories and Applications. ICIC 2015. Lecture Notes in Computer Science(), vol 9227. Springer, Cham. https://doi.org/10.1007/978-3-319-22053-6_46

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  • DOI: https://doi.org/10.1007/978-3-319-22053-6_46

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-22052-9

  • Online ISBN: 978-3-319-22053-6

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