Corporate governance disclosure in banking sector: A content analysis

Idea: The aim of this study is to analyse the level of disclosure of corporate governance in banking sector accordingly to guidelines issued by European Banking Authority, for a parent and its subsidiary. Data: The sample consists of two banks, the focus being on the subsidiary, while the parent is analysed for comparison purposes. The data were hand collected from published reports on the official website of the banks for year ended 2017. Tools: A content analysis is used in order to measure the degree of corporate governance disclosures. Manual coding process was applied in order to be able to sort data and classify it in input, intermediary and output data needed for the accomplishment of the objectives. What's new? The results of the study show high values of corporate governance disclosure index, reflecting the compliance with regulatory requirements and also the alignment between a parent and its subsidiary. So what? The impact of the study is represented by highlighting the alignment of group entities. Contribution: The study contributes to the literature by examining the level of disclosure of corporate governance, emphasizing the requirements from EBA which are mandatory to comply with, but voluntary to disclose.