Corporate Information Disclosure of Listed Banks from Kerala

Corporate Governance principles urges a corporate to be an entity as desired by the all the stakeholders. When it comes to governance, investor is regarded as a key stakeholder. Information disclosure practices of the different companies largely influence the investment decisions. Market efficiency is also measured in terms of discounting the information element. This paper attempts to investigate the Corporate Information Disclosure of listed banks from Kerala using the Corporate Internet Information Disclosure Index [CIDI] adapted from the model developed by Spanous and Mylonakis (2006). The investigation could find that there is no significant difference among the companies in the disclosure and they exhibit a fair level of information disclosure.