How Do Ownership Features Affect Corporate Governance Disclosure ? – The Case of Banking System
How Do Ownership Features Affect Corporate Governance Disclosure ? – The Case of Banking System

Summary/Abstract: The purpose of our empirical study is to assess the relationship between ownership‟features and the level of disclosure in case of banking institutions listed on London Stock Exchange,basing on the general statement that disclosure and quality of corporate governance system are two closely related concepts - the higher the level of transparency, the better the quality corporate governance practices. The research methodology used for achieving our goal is based on econometric analysis using statistical tools - correlations for identifying the relationships and regressions for assessing them - all of these being performed using SPSS software. In this respect, we developed a disclosure index, considered structure and concentration as features for assessing ownership. The results of the performed analysis reveal significant positive influences of all features tested on the level of disclosure, thus confirming our assumptions that the higher the quality of ownership, the higher the level of disclosure. Irrespective of prior studies, which were focused on various corporate governance features, our paper comes to add value in this respect by testing only ownership.Moreover, because the banking system was little explored on this topic before, we had another chance to enrich the research literature with this empirical study.

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