The Reality of Geopolitical Risk Disclosure in Financial Reports

Abstract

 The research aimed to identify the extent of geopolitical risk disclosure in the financial reports of Libyan private banks during the past five years. It employed a descriptive methodology and gathered data from the financial reports published by three Libyan private banks: United Bank for Trade and Investment, Al-Sarai Bank for Trade and Investment, and Al-Yaqeen Bank. Content analysis was conducted using an unweighted binary coding approach to determine whether geopolitical risks were disclosed. The findings indicated that, on average, the level of geopolitical risk disclosure in the reports was 28.6%. Among the banks analyzed, United Bank for Trade and Investment recorded the highest disclosure rate at 43%, followed by Al-Yaqeen Bank at 26%, while Al-Sarai Bank reported the lowest rate at 17%.