{"id":"https://openalex.org/W2005685161","doi":"https://doi.org/10.1108/maj-11-2013-0964","title":"(Un)useful risk disclosure: explanations from the Italian banks","display_name":"(Un)useful risk disclosure: explanations from the Italian banks","publication_year":2014,"publication_date":"2014-07-01","ids":{"openalex":"https://openalex.org/W2005685161","doi":"https://doi.org/10.1108/maj-11-2013-0964","mag":"2005685161"},"language":"en","primary_location":{"id":"doi:10.1108/maj-11-2013-0964","doi":"https://doi.org/10.1108/maj-11-2013-0964","is_oa":false,"landing_page_url":"https://doi.org/10.1108/maj-11-2013-0964","pdf_url":null,"source":{"id":"https://openalex.org/S136661304","display_name":"Managerial Auditing Journal","issn_l":"0268-6902","issn":["0268-6902","1758-7735"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Auditing Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103090731","display_name":"Marco Maffei","orcid":"https://orcid.org/0000-0003-1032-0625","observed_orcids":["https://orcid.org/0000-0003-1032-0625"]},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Marco Maffei","raw_affiliation_strings":["Department of Economics, Management, Institutions, University of Naples Federico II, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Management, Institutions, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5069892096","display_name":"Massimo Aria","orcid":"https://orcid.org/0000-0002-8517-9411","observed_orcids":["https://orcid.org/0000-0002-8517-9411"]},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Massimo Aria","raw_affiliation_strings":["Department of Economics and Statistics, University of Naples Federico II, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics and Statistics, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5052127604","display_name":"Clelia Fiondella","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I197809005","display_name":"University of Campania \"Luigi Vanvitelli\"","ror":"https://ror.org/02kqnpp86","country_code":"IT","type":"education","lineage":["https://openalex.org/I197809005"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Clelia Fiondella","raw_affiliation_strings":["Department of Economics, Second University of Naples, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Second University of Naples, Naples, Italy","institution_ids":["https://openalex.org/I197809005"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5025773563","display_name":"Rosanna Span\u00f2","orcid":"https://orcid.org/0000-0003-0557-3011","observed_orcids":["https://orcid.org/0000-0003-0557-3011"]},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Rosanna Span\u00f2","raw_affiliation_strings":["Department of Economics, Management, Institutions, University of Naples Federico II, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Management, Institutions, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5083437082","display_name":"Claudia Zagaria","orcid":"https://orcid.org/0000-0002-5561-1074","observed_orcids":["https://orcid.org/0000-0002-5561-1074"]},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Claudia Zagaria","raw_affiliation_strings":["Department of Economics, Management, Institutions, University of Naples Federico II, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Management, Institutions, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":18.4225,"has_fulltext":false,"cited_by_count":56,"citation_normalized_percentile":{"value":0.98824572,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"29","issue":"7","first_page":"621","last_page":"648"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9545999765396118,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9545999765396118,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.025100000202655792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":0.004900000058114529,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-disclosure","display_name":"risk disclosure","score":0.871999979019165},{"id":"https://openalex.org/keywords/italian-banks","display_name":"Italian banks","score":0.7870000004768372},{"id":"https://openalex.org/keywords/bank-of-italy","display_name":"Bank of Italy","score":0.6690000295639038},{"id":"https://openalex.org/keywords/mandatory-disclosure-requirements","display_name":"mandatory disclosure requirements","score":0.5799999833106995},{"id":"https://openalex.org/keywords/notes-to-financial-statements","display_name":"financial statement notes","score":0.8529999852180481},{"id":"https://openalex.org/keywords/public-reports","display_name":"public reports","score":0.5260000228881836},{"id":"https://openalex.org/keywords/basel-committee-on-banking-supervision","display_name":"Basel Committee","score":0.7160000205039978},{"id":"https://openalex.org/keywords/banking-supervision","display_name":"banking supervision","score":0.4350000023841858},{"id":"https://openalex.org/keywords/accounting-standards","display_name":"accounting standards","score":0.6010000109672546}],"concepts":[{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.7733250260353088},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.7301687002182007},{"id":"https://openalex.org/C2777632292","wikidata":"https://www.wikidata.org/wiki/Q315515","display_name":"Discretion","level":2,"score":0.7293923497200012},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5894232988357544},{"id":"https://openalex.org/C2781460075","wikidata":"https://www.wikidata.org/wiki/Q1399332","display_name":"Compliance (psychology)","level":2,"score":0.4841535687446594},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4564336836338043},{"id":"https://openalex.org/C2776305056","wikidata":"https://www.wikidata.org/wiki/Q7257723","display_name":"Public disclosure","level":2,"score":0.4299561381340027},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.4037018418312073},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.17888107895851135},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.14009231328964233},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.10231494903564453},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.09189441800117493},{"id":"https://openalex.org/C11012388","wikidata":"https://www.wikidata.org/wiki/Q170658","display_name":"Creativity","level":2,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1108/maj-11-2013-0964","doi":"https://doi.org/10.1108/maj-11-2013-0964","is_oa":false,"landing_page_url":"https://doi.org/10.1108/maj-11-2013-0964","pdf_url":null,"source":{"id":"https://openalex.org/S136661304","display_name":"Managerial Auditing Journal","issn_l":"0268-6902","issn":["0268-6902","1758-7735"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Auditing Journal","raw_type":"journal-article"},{"id":"pmh:oai:iris.unicampania.it:11591/334585","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/11591/334585","pdf_url":null,"source":{"id":"https://openalex.org/S7407055255","display_name":"Archivio Istituzionale della Ricerca - Universit\u00e0 degli Studi della Campania \"Luigi Vanvitelli\"","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":44,"referenced_works":["https://openalex.org/W263455870","https://openalex.org/W1487931991","https://openalex.org/W1494352630","https://openalex.org/W1768561994","https://openalex.org/W1908382532","https://openalex.org/W1964495738","https://openalex.org/W1973313927","https://openalex.org/W1985185334","https://openalex.org/W1985200630","https://openalex.org/W1988972708","https://openalex.org/W1989001534","https://openalex.org/W1990021135","https://openalex.org/W2002975514","https://openalex.org/W2003937960","https://openalex.org/W2008794355","https://openalex.org/W2013387701","https://openalex.org/W2016364797","https://openalex.org/W2017603787","https://openalex.org/W2030765894","https://openalex.org/W2036383710","https://openalex.org/W2036805455","https://openalex.org/W2050582055","https://openalex.org/W2068818210","https://openalex.org/W2075266279","https://openalex.org/W2081465695","https://openalex.org/W2088350470","https://openalex.org/W2090041987","https://openalex.org/W2100089483","https://openalex.org/W2129277132","https://openalex.org/W2135569813","https://openalex.org/W2153222072","https://openalex.org/W2177358590","https://openalex.org/W2283798132","https://openalex.org/W2606474784","https://openalex.org/W2787967174","https://openalex.org/W2894710256","https://openalex.org/W3122276798","https://openalex.org/W3124411176","https://openalex.org/W3125038057","https://openalex.org/W3125293864","https://openalex.org/W3125400635","https://openalex.org/W3125844826","https://openalex.org/W3125933947","https://openalex.org/W3216986507"],"related_works":["https://openalex.org/W7216834856","https://openalex.org/W1834652770","https://openalex.org/W2773485072","https://openalex.org/W2755115014","https://openalex.org/W7046022659","https://openalex.org/W2255166214","https://openalex.org/W7218007753","https://openalex.org/W7111288003","https://openalex.org/W1436555914","https://openalex.org/W2796573110"],"abstract_inverted_index":{"Purpose":[0],"\u2013":[1,38,109,179,239],"The":[2,180,240],"purpose":[3],"of":[4,23,75,78,86,95,117,128,174,182,228,271,277],"this":[5,183],"paper":[6],"is":[7,122,142,243],"to":[8,18,35,52,60,124,136,148,155],"better":[9,21],"understand":[10],"how":[11,41],"mandatory":[12,98],"risk":[13,27,45,134,175],"categories":[14,135],"are":[15,231,255],"disclosed":[16],"and":[17,64,100,159,208,218],"provide":[19,44,149],"a":[20,92,258,284],"understanding":[22],"the":[24,58,61,65,73,76,82,96,115,126,129,153,156,160,163,167,172,187,192,212,219,225,235,263,268,275],"reasons":[25],"why":[26],"disclosure":[28,141,265,272],"looks":[29],"less":[30],"useful":[31],"than":[32,234],"it":[33,196],"ought":[34],"be.":[36],"Design/methodology/approach":[37],"We":[39,80],"analyze":[40],"Italian":[42,88,110,241],"banks":[43,111,146],"information,":[46],"by":[47,274],"focusing":[48],"on":[49,91,215],"its":[50],"characteristics":[51,127],"find":[53],"out":[54],"any":[55,106],"differences":[56],"between":[57,166],"notes":[59,154],"financial":[62,157],"statements":[63,158],"public":[66],"report,":[67,140],"both":[68],"prepared":[69],"in":[70,138,152,162,191,283],"compliance":[71],"with":[72,114],"instructions":[74],"Bank":[77,116,276],"Italy.":[79],"assess":[81],"risk-related":[83],"reporting":[84],"practices":[85],"66":[87],"banks,":[89],"based":[90],"content":[93],"analysis":[94],"two":[97,168,269],"reports,":[99],"verify":[101],"whether":[102],"bank-specific":[103],"factors":[104],"explain":[105],"differences.":[107],"Findings":[108],"formally":[112],"comply":[113],"Italy\u2019s":[118],"instructions,":[119],"but":[120],"there":[121],"discretion":[123],"choose":[125],"information":[130,151],"provided.":[131],"Despite":[132],"different":[133],"disclose":[137],"each":[139],"quite":[143],"uniform,":[144],"although":[145],"tend":[147],"denser":[150],"difference":[161],"economic":[164],"signs":[165],"reports":[169],"decreases":[170],"as":[171,195,257],"level":[173],"increases.":[176],"Practical":[177],"implications":[178],"significance":[181],"study":[184],"goes":[185],"beyond":[186],"debate":[188],"taking":[189],"place":[190],"academic":[193],"arena,":[194],"can":[197],"be":[198],"largely":[199],"relevant":[200,245],"for":[201,205,261],"preparers,":[202],"those":[203],"responsible":[204],"setting":[206,242],"international":[207],"national":[209],"accounting":[210],"standards,":[211],"Basel":[213],"Committee":[214],"Banking":[216],"Supervision":[217],"domestic":[220],"supervisory":[221],"authorities,":[222],"particularly":[223],"concerning":[224],"possible":[226],"introduction":[227],"requirements":[229],"that":[230],"more":[232],"explicit":[233],"existing":[236],"ones.":[237],"Originality/value":[238],"very":[244],"because":[246],"unlike":[247],"other":[248],"countries,":[249],"Italy":[250,278],"adopts":[251],"\u201cinterventionist":[252],"enforcements\u201d,":[253],"which":[254],"regarded":[256],"critical":[259],"tool":[260],"achieving":[262],"minimum":[264],"requirements.":[266],"Moreover,":[267],"sets":[270],"required":[273],"have":[279],"never":[280],"been":[281],"investigated":[282],"single":[285],"data":[286],"set.":[287]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":6},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":3}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}