قياس تطور الشفافية و الإفصاح في التقارير السنوية للمصارف العراقية الخاصة للفترة 2011 م-2017 م

الملخص EN

The study aimed at measuring the development of transparency and disclosure in the annual reports of the Iraqi private banks listed in the Iraqi Stock Exchange for the period 2011 -2017.

A sample of ten local banks was selected and the Standard and Poor's scale was adopted to achieve the study objective.

The study found that the level of transparency and disclosure of the banks in the sample was generally low, achieving an average of (%48) during the period investigated.

Alternatively, the trend of transparency and disclosure was positive, especially in the last two years of the study, after the banks were obliged to apply International Financial Reporting Standards (IFRS).

The study recommends the need to develop the process of disclosing the various items in the annual reports of the Iraqi private banks including their ownership structure, the share of major shareholders, the role of boards of directors and senior managers in order to improve the level of transparency and disclosure, as well as the implementation of IFRS to all Iraqi companies in different sectors because of their positive role in improving the transparency and disclosure of the study sample.