The study sought to analyze the impact of transparency, reporting and financial performance of
commercial banks. A case study of Equity Bank Uganda Limited which was created in 2008
when the equity bank group purchased Uganda Micro finance limited a tier 11 , for all share price
valued at US $ 27 Million. Equity bank launched under its new brand on the 30th .as a subsidiary
of the equity bank group which commenced business on registration.
The study was guided by a number of objectives as listed below;
To assess the relationship between transparency, repo11ing and financial performance of
To assess strategies of improving corporate transparency and repo11ing
To assess the effect of URA in effective transparency, repot1ing and performance of commercial
The study employed both qualitative and quantitative research designs and the Questionnaire
method was used to collect primary data.
The popul ation sample that was interviewed and fitted the questionnaires included employees of
the bank i.e. workers, Staff and customers of Equity Bank and the Uganda Revenue Officials. A
sample size of seventy (70) respondents was used of which fifty (50) were bank customers and
staff and twenty (20) were URA Officials.
Findings of the study showed that Equity bank has not disclosed and been transparent enough
hence the poor performance in the related areas. This was revealed in the respondents' opinion
on release of quarterly reports. The repot1s revealed 54.5% of majority customers were not aware
of quarterly reports.
The study concluded that transparency and disclosure of information should be given priority
since it influences 34% of the banks financial performance.
When banks establish mechanisms to enforce proper transparency and disclosure, practices, they
will build bond and trust with their numerous stakeholders including customers, society and
government which will influence them to invest their funds in banks i. e. they can buy shares
when a respective commercial bank is listed on Uganda stock exchange (USE) or On
international Capital Markets like New York stock exchange (NYSE) or any other Market
OLIVE, M (2021). Corporate Transparency, Reporting And Financial Performance Of Commercial Banks A Case Study Of Equity Bank Uganda Ltd. Afribary. Retrieved from https://afribary.com/works/corporate-transparency-reporting-and-financial-performance-of-commercial-banks-a-case-study-of-equity-bank-uganda-ltd
OLIVE, MUPALYA "Corporate Transparency, Reporting And Financial Performance Of Commercial Banks A Case Study Of Equity Bank Uganda Ltd" Afribary. Afribary, 11 Jun. 2021, https://afribary.com/works/corporate-transparency-reporting-and-financial-performance-of-commercial-banks-a-case-study-of-equity-bank-uganda-ltd. Accessed 17 Oct. 2021.
OLIVE, MUPALYA . "Corporate Transparency, Reporting And Financial Performance Of Commercial Banks A Case Study Of Equity Bank Uganda Ltd". Afribary, Afribary, 11 Jun. 2021. Web. 17 Oct. 2021. < https://afribary.com/works/corporate-transparency-reporting-and-financial-performance-of-commercial-banks-a-case-study-of-equity-bank-uganda-ltd >.
OLIVE, MUPALYA . "Corporate Transparency, Reporting And Financial Performance Of Commercial Banks A Case Study Of Equity Bank Uganda Ltd" Afribary (2021). Accessed October 17, 2021. https://afribary.com/works/corporate-transparency-reporting-and-financial-performance-of-commercial-banks-a-case-study-of-equity-bank-uganda-ltd