Risk Management Disclosures and Corporate Reputation of Listed Deposit Money Banks in Nigeria
DOI:
https://doi.org/10.51699/cajitmf.v7i2.1235Keywords:
Credit Management Disclosures, Corporate Reputation, Operational Management Disclosures, Technological DisclosuresAbstract
This study reviewed the effect of risk management disclosures (RMD) on the corporate reputation (CRP) of quoted banks in Nigeria ranging from year 2016 to year 2023. The study focused on fourteen (14) banks listed on the Nigerian Exchange Group and used Operational Risk Management Disclosure (OPM), Credit Risk Management Disclosure (CMD), and Technological Risk Disclosure (TMD) as RMD proxy. Secondary data were obtained from the banks’ published annual reports, and panel regression analysis was employed for the analysis of the data gathered for this study. The fixed-effect regression analysis technique used in this study showed that OPM and CMD have favorable and notable effects on CRP. Contrariwise, TMD was found to have no significant impact on CRP. The study concludes that better and reliable disclosure of RMP is essential for sustaining public trust and building strong reputation in the Nigerian banking industry. It recommends that banks should strengthen transparency in reporting, especially in operational and credit risk areas.
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