Evaluating the Level of Transparency and its Relationship to Performance Evaluation in a Sample of Iraqi Banks Listed on the Iraq Stock Exchange

Abstract

The research aims to measure the degree of transparency in disclosure in a sample of Iraqi banks listed in the Iraqi Stock Exchange and to predict the future of these banks by relying on their future expectations and to measure the impact of the degree of transparency of Iraqi banks and its relationship to performance evaluation. The current study gained its importance considering that performance evaluation is the basic process that shows the capabilities of banks to continue their activities with failure or success. Therefore, providing financial or non-financial measures gives the bank a clear image about its products and services and the processes that lead to the production of those products and services, and the need to develop cost accounting and management accounting systems in the bank so that its outputs are not limited to mere financial measures, but extends the scope of those outputs to include the generation of non-financial measures Help to raise the efficiency, effectiveness and economic performance. One of the results of the research is that the Iraqi banks in the research sample vary in the level of their reporting on transparency according to the S&P scale. The highest level of transparency amounted to (52%) for the ethnic commercial bank and the lowest level was (28.75%) for the Bank of Baghdad. The highest degree of financial ratios for performance evaluation amounted to the Commercial Bank of Iraq and the lowest for Elaf Islamic Bank. The research also concluded that there is positive relationship between transparency and performance evaluation. One of the most important recommendations is to awareness of the investors about the importance of information and their right to obtain it, then holding the relevant authorities accountable for any failure in the event of concealing any necessary information.