Title: Financial instruments disclosure: the case of Qatari listed banks

Authors: Abdolvahid Mohammadi; Ghassan H. Mardini

Addresses: Almas Kavir Makran Commercial & Service Company, Iranshahr, Sistan & Baluchistan, Iran ' College of Business and Economics, Qatar University, P.O. Box 2713, Doha, Qatar

Abstract: The aim of this study is to investigate the determinants of International Financial Reporting Standard (IFRS) 7 disclosures on Qatari listed banks. An un-weighted disclosure index and multiple regression analysis were employed to conduct this study; a sample from 2007 (the first year of IFRS 7's implementation) to 2012. The banks' characteristics employed are bank size, the existence of a risk management committee (RMC), net assets value (NAV), the cost to income (CTI) ratio, earnings per share (EPS) and the price earnings (PE) ratio. The level of financial instruments (FIs) disclosure was 52% in 2007 and by the end of 2012 it had reached 71%. Moreover, the study found that the FIs disclosure is significantly and positively associated with a bank's size and the presence of an RMC. This study contributes to our knowledge in a number of ways: for example, it indicates how IFRS 7's implementation has impacted on banks' financial instruments disclosures.

Keywords: IFRS 7; IAS 30; IAS 32; IAS 39; financial instruments disclosure; Qatar; banking industry; International Financial Reporting Standards; bank size; risk management committee; net assets value; cost to income ratio; earnings per share; price earnings ratio.

DOI: 10.1504/AAJFA.2016.077335

Afro-Asian Journal of Finance and Accounting, 2016 Vol.6 No.2, pp.160 - 182

Available online: 24 Jun 2016 *

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