The Disclosure-Culture Model:Is Investor Protection Relevant in the Banking Industry?
The Disclosure-Culture Model:Is Investor Protection Relevant in the Banking Industry?
George Hooi
30권 1호, 337~363쪽
초록
This paper investigates the significance of investor protection to Hooi’s (2007) banking disclosure-culture model. Seventeen developed and developing countries with a representative sample of 37 listed domestic commercial banks were examined in 2004. A significant finding for national culture is that individualism not uncertainty avoidance has been found as the primary cultural dimension for banking disclosures. Investor protection is found to improve the banking disclosure-culture model in terms of common law and anti-director rights.
Abstract
This paper investigates the significance of investor protection to Hooi’s (2007) banking disclosure-culture model. Seventeen developed and developing countries with a representative sample of 37 listed domestic commercial banks were examined in 2004. A significant finding for national culture is that individualism not uncertainty avoidance has been found as the primary cultural dimension for banking disclosures. Investor protection is found to improve the banking disclosure-culture model in terms of common law and anti-director rights.
- 발행기관:
- 한국회계정보학회
- 분류:
- 회계학