The Impact of Regulation on Risk Perception: Evidence from the Zimbabwean Banking Industry
2013; Wiley; Volume: 25; Issue: 3 Linguagem: Inglês
10.1111/j.1467-8268.2013.12029.x
ISSN1467-8268
AutoresUdechukwu Ojiako, Tinashe Manungo, Maxwell Chipulu, J.E.V. Johnson,
Tópico(s)Corporate Finance and Governance
ResumoAfrican Development ReviewVolume 25, Issue 3 p. 276-288 Original Article The Impact of Regulation on Risk Perception: Evidence from the Zimbabwean Banking Industry Udechukwu Ojiako, Udechukwu OjiakoSearch for more papers by this authorTinashe Manungo, Tinashe ManungoSearch for more papers by this authorMax Chipulu, Max ChipuluSearch for more papers by this authorJohnnie Johnson, Johnnie JohnsonUdechukwu Ojiako, Faculty of Management, University of Johannesburg, Auckland Park 2000, South Africa. Tinashe Manungo, Max Chipulu and Johnnie Johnson, School of Management, University of Southampton, Southampton SO17 1BJ, UK.Search for more papers by this author Udechukwu Ojiako, Udechukwu OjiakoSearch for more papers by this authorTinashe Manungo, Tinashe ManungoSearch for more papers by this authorMax Chipulu, Max ChipuluSearch for more papers by this authorJohnnie Johnson, Johnnie JohnsonUdechukwu Ojiako, Faculty of Management, University of Johannesburg, Auckland Park 2000, South Africa. Tinashe Manungo, Max Chipulu and Johnnie Johnson, School of Management, University of Southampton, Southampton SO17 1BJ, UK.Search for more papers by this author First published: 18 September 2013 https://doi.org/10.1111/j.1467-8268.2013.12029.xCitations: 2 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat Abstract This paper explores the impact of regulations on the perceptions and management of risk. The study focuses on Zimbabwean banks. We evaluated the influence of banking regulatory policy using data gathered from a Regulatory Impact Assessment (RIA) questionnaire and data measuring annual overall output from Zimbabwean banks. We employed a number of statistical models (Binomial, HLogLinear models and time series forecasting) to test various hypotheses concerning the perception of bank employees of the impact of regulation on the management of risk in Zimbabwean banks. We found that: (1) respondents' perceptions of the impact of regulation on risk management correlated among different risk types in Zimbabwean banks; (2) respondents generally appeared to perceive dollarization and Basel II positively; and (3) respondents were not optimistic about the impact of Reserve Bank of Zimbabwe (RBZ) policy on overall banking efficiency. Overall, we found that due to its near chaotic nature, RBZ regulation policy initiatives had no impact on the performance of banks in Zimbabwe. References Addison, T. and C. 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