The effect of voluntary disclosure on enhancing the reliability of the financial statements of Iraqi banks

Authors

  • Shehab Hamid Hassan, Mohamed Abd Elhassan

Abstract

The level of voluntary disclosure affects attracting capital through relying on financial statements and making rational decisions. This is reflected in the banks. Whenever banks voluntarily disclose financial and non-financial information, this leads to attracting capital as well as reducing the cost of capital, which gives banks a greater market value. This gives it greater flexibility to compete and thus increases the reliability of its financial statements.    It turned out that the expansion of disclosure of information, especially social and environmental, as well as economic in the reports of banks helps in evaluating their performance and thus helps in rationalizing their various decisions, where the research hypothesis was accepted as Iraqi banks provided more than 70% of the total voluntary disclosure information.

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Published

2020-05-18

Issue

Section

Articles