THE ROLE OF THE QUALITY OF BANKING GOVERNANCE ON THE DISCLOSURE OF THE MANAGEMENT COMMENTS REPORT IN ACCORDANCE WITH INTERNATIONAL AND LOCAL REQUIREMENTS
DOI:
https://doi.org/10.61841/dmatjr67Keywords:
the quality of banking governance, the disclosure of the management comments report, Shareholders' equityAbstract
The study aims to know the role in the application and commitment of some internationa
indicators of institutional governance and mechanisms issued by the Central Bank of Iraq to
enhance and increase disclosure in the report of management comments issued by economic
units. To achieve the purpose of the study, a number of Iraqi banks listed in the Iraq Stock
Exchange were selected (Al Ahli Bank of Iraq, Iraqi Trade Bank, Gulf Commercial Bank,
Middle East Investment Bank, Mosul Bank for Development and Investment, Al-Mansour
Bank for Investment, Baghdad's Al-Ahli Bank, Sumer Commercial Bank, Trans Iraq
Investment Bank) as a research sample. The study relied on the analytical descriptive
approach and designed a checklist to collect data. The data was obtained from the annual
reports of the banks and for the period from (2016) to (2019), which are available in the
Iraqi Stock Exchange and the official websites of the banks of the study sample. It also relied
on the Corporate Governance Guide issued by the Central Bank of Iraq for the year 2018, in
addition to the (GMI) index issued by the American company (Governance Metrics
International), in addition to its reliance on the Administrative Comments Index (Ma.Co.I)
issued by the International Accounting Standards Board (IASB) year 2020. The study
reached a number of conclusions, including the existence of a discrepancy in the commitment
of the study sample banks to the mechanisms of quality governance. In addition to the
discrepancy in the disclosure of the information included in the reports of the management
comments by the banks of the research sample
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