Identifying the determinants of bank data disclosure level: the case of Macedonia
Identifying the determinants of bank data disclosure level: the case of Macedonia

Summary/Abstract: Many banks that seem to be competitive on the market later found themselves in a trouble as result of hidden information. As a result of that, regulators propose various forms of disclosure in order to avoid asymmetric information. Transparency of banking institutions is required in Basel Standards and it is part of Third Pillar from Basel II. The article tests the identification of the determinants of the disclosure level for the banking system in the Republic of Macedonia by applying multiple regression analysis. It is based on the following variables: capital adequacy, profitability, size and foreign banks. The results confirm that banks profitability and foreign subsidiary are positively significant, while capital adequacy and size of the banks are not capable of explaining the information disclosure level analyzed or are not significant.

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