Risk management disclosure: evidence from the UK banks

There is now greater demand for increased corporate disclosures for stakeholders particularly Risk Management Disclosure(RMD). This study examines the extent of change in RMD in the annual financial reports of UK banks over a period of six years (2011-2016). A content analysis approach has been undertaken on a sample of reports from five UK Banks. The results reveal that the quantity of RMD has been increasing significantly in the selected banks due to regulations and increased pressures by stakeholders after the financial crisis. The need for more sound regulation regarding risk information disclosure is required to safeguard against agency cost and crisis.