Financial reporting on the internet: the portuguese case

Due to recent developments in information technologies, Portuguese companies are using the Internet to disclose accounting information through their Web sites. After presenting the advantages and eventual risks of this form of financial reporting and literature review, the Web sites of Portuguese listed companies were examined throughout March 2000 to February 2001, to determine which companies present financial information and whether the information provided is summarised, identical to the paper version of the annual report or is more detailed. In addition, we tested if there is significant difference between company size, industry type, overseas listings and the extent of financial disclosure on the Internet. We concluded Portuguese companies are starting to face positively this new way of financial reporting. Concerning the hypotheses tests performed we noticed that, likewise to what is happening in other countries, there is a positive correlation between company size and the existence of Web site and company size and financial information disclosed.

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Internet financial reporting and disclosure by listed companies: Further evidence from an emerging country

Corporate Ownership and Control ◽

10.22495/cocv9i4c3art6 ◽

2012 ◽

Vol 9 (4-3) ◽

pp. 351-366 ◽

Cited By ~ 4

Author(s):

Mohammed Hossain ◽

Mahmood Ahmed Momin ◽

Shirely Leo

Keyword(s):

Financial Reporting ◽

Firm Size ◽

Stock Exchange ◽

Listed Companies ◽

Financial Information ◽

The Internet ◽

Firm Age ◽

Industry Type ◽

Emerging Country ◽

Business Complexity

This paper examines the extent of voluntary financial and non-financial information disclosed on the Internet by an emerging country like Qatar. We tested research hypotheses related to the association between company characteristics and the voluntary dissemination of financial and non-financial information on the Internet based on industry type. A total of 42 companies which are listed on the Qatar Exchange (the only stock Exchange in Qatar) were sampled. An ordinary least regression was undertaken to assess whether voluntary dissemination of information on the Internet was related to firm age, size, profitability, complexity, assets in place, and liquidity. Firm size, assets in-place, and business complexity are variables which are significant in explaining the level of internet financial reporting disclosure, whereas age, profitability, and liquidity are not significant.

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Corporate Reporting on the Internet

Accounting Horizons ◽

10.2308/acch.1999.13.3.241 ◽

1999 ◽

Vol 13 (3) ◽

pp. 241-257 ◽

Cited By ~ 258

Author(s):

Hollis Ashbaugh ◽

Karla M. Johnstone ◽

Terry D. Warfield

Keyword(s):

Financial Reporting ◽

Web Sites ◽

Data Gathering ◽

Financial Information ◽

Financial Data ◽

Annual Reports ◽

The Internet ◽

Corporate Reporting ◽

Internet Presence ◽

Use Of The Internet

In this paper, we examine firms' use of the Internet to enhance the relevance of their financial reporting. We define a firm as practicing Internet Financial Reporting (IFR) when it provides in its web site either (1) a comprehensive set of financial statements (including footnotes and the auditors' report), (2) a link to its annual report elsewhere on the Internet or (3) a link to the U.S. Security and Exchange Commission's (SEC) Electronic Data Gathering, Analysis and Retrieval (EDGAR) system. While 70 percent of the firms in our sample engage in IFR, we find substantial variation in the quality of firms' IFR practices. Specifically, the variations in quality pertain to the timeliness and therefore, the usefulness of firms' financial reporting on the Internet. We find that some firms provide more timely financial disclosures via the Internet (e.g., monthly sales) while other firms report outdated financial data (e.g., two-year old annual reports). We also observe that the usefulness of firms' financial reporting on the Internet depends on how easy it is to access that data, the amount of data disclosed and/or whether users can download or analyze the data. To substantiate firms' incentives for engaging in IFR, we sent surveys to firms with web sites in our sample and asked them to report their perceived costs and benefits related to establishing an Internet presence. Firms responded to our questions about why they established an Internet presence by indicating that they perceive their web sites to be an important vehicle to disseminate information to shareholders. After documenting how and why firms use the Internet to voluntarily disclose financial information, we develop the implications of such practices for consumers who demand financial information, firms that supply financial data, auditors and market regulators.

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Voluntary disclosure of financial information on the internet by large companies in Slovenia

Kybernetes ◽

10.1108/k-08-2016-0220 ◽

2018 ◽

Vol 47 (3) ◽

pp. 458-473 ◽

Cited By ~ 4

Author(s):

Tatjana Dolinšek ◽

Andreja Lutar-Skerbinjek

Keyword(s):

Financial Reporting ◽

Voluntary Disclosure ◽

Binary Logistic Regression ◽

Financial Information ◽

The Internet ◽

Legal Form ◽

Content Type ◽

Significant Difference ◽

Financial Disclosures ◽

The Impact

Purpose The purpose of this research was to examine the impact of the determinants and characteristics of voluntary internet financial disclosures by large companies in Slovenia. With this research, the authors wanted to determine the factors which impact on the differences between companies that use internet financial reporting and those that do not. Design/methodology/approach The research was conducted on a sample of large companies in Slovenia (n = 192), which was divided into two groups, depending on whether they use internet financial reporting. A binary logistic regression was undertaken to assess whether voluntary disclosure of financial information on the internet was related to the company’s size, profitability, age, company’s legal form, ownership dispersion and industry sector. Findings The research has shown that there is a statistically significant difference between the companies which use or do not use internet financial reporting. The likelihood that the companies will publish the internet financial information is greater in the case of public limited companies, companies that deal with the financial, energy or ICT sectors and companies that have a larger ownership concentration. Originality/value This is one of the first studies in Slovenia that was used to determine the factors according to which the companies that use internet financial reporting differentiate from those that do not.

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Governance Disclosure on the Internet by Leading Indian Public Sector Companies

Think India ◽

10.26643/think-india.v22i2.8716 ◽

2019 ◽

Vol 22 (2) ◽

pp. 174-187

Author(s):

Harmandeep Singh ◽

Arwinder Singh

Keyword(s):

Public Sector ◽

Financial Information ◽

Three Dimensions ◽

The Internet ◽

Web Pages ◽

Non Profit ◽

Index Approach ◽

Significant Difference ◽

Governance Disclosure ◽

The Web

Nowadays, internet satisfying people with different services related to different fields. The profit, as well as non-profit organization, uses the internet for various business purposes. One of the major is communicated various financial as well as non-financial information on their respective websites. This study is conducted on the top 30 BSE listed public sector companies, to measure the extent of governance disclosure (non-financial information) on their web pages. The disclosure index approach to examine the extent of governance disclosure on the internet was used. The governance index was constructed and broadly categorized into three dimensions, i.e., organization and structure, strategy & Planning and accountability, compliance, philosophy & risk management. The empirical evidence of the study reveals that all the Indian public sector companies have a website, and on average, 67% of companies disclosed some kind of governance information directly on their websites. Further, we found extreme variations in the web disclosure between the three categories, i.e., The Maharatans, The Navratans, and Miniratans. However, the result of Kruskal-Wallis indicates that there is no such significant difference between the three categories. The study provides valuable insights into the Indian economy. It explored that Indian public sector companies use the internet for governance disclosure to some extent, but lacks symmetry in the disclosure. It is because there is no such regulation for web disclosure. Thus, the recommendation of the study highlighted that there must be such a regulated framework for the web disclosure so that stakeholders ensure the transparency and reliability of the information.

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Do audit committee characteristics of Bahraini listed companies have an effect on the level of internet financial reporting?

Corporate Ownership and Control ◽

10.22495/cocv13i3p12 ◽

2016 ◽

Vol 13 (3) ◽

pp. 131-147 ◽

Cited By ~ 1

Author(s):

Sara AbdulHakeem Saleh AlMatrooshi ◽

Abdalmuttaleb M. A. Musleh Al-Sartawi ◽

Zakeya Sanad

Keyword(s):

Corporate Governance ◽

Literature Review ◽

Financial Reporting ◽

Audit Committee ◽

Positive Relationship ◽

Listed Companies ◽

Financial Information ◽

The Internet ◽

Regression Test ◽

The Relationship

Corporate Governance and IFR are influential topics that need to be addressed nowadays due to its importance. Especially since companies are growing and extending globally. This research is conducted in Kingdom of Bahrain through the year 2014, where it investigates the relationship between Audit Committee characteristics as a tool of CG and IFR. Literature review has been conducted, not to mention Multi-regression test was used to evaluate the relationship between Audit Committee characteristics and IFR for Bahraini listed companies. The results have showed that the relationship between Audit Committee characteristics and IFR is negative, which indicates that the Audit committee characteristics have no influence over the disclosure of financial information over the internet. However, Frequency of meeting of the board and Big4 resulted in a positive relationship with internet financial reporting. The study ends with a main conclusion and recommendation that contain certain steps and advices of disclosing financial information in an appropriate way through the internet in order to improve the relationship between Audit committee characteristics and IFR.

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The Impact of Information Technology in Healthcare Privacy

Ethical, Legal and Social Issues in Medical Informatics ◽

10.4018/978-1-59904-780-5.ch009 ◽

2011 ◽

pp. 186-227

Author(s):

Maria Yin Ling Fung ◽

John Paynter

Keyword(s):

New Zealand ◽

Web Sites ◽

Information Technologies ◽

Social Engineering ◽

The Internet ◽

Communication Services ◽

Human Errors ◽

Privacy Concerns ◽

Use Of The Internet ◽

Reducing Costs

The increased use of the Internet and latest information technologies such as wireless computing is revolutionizing the healthcare industry by improving services and reducing costs. The advances in technology help to empower individuals to understand and take charge of their healthcare needs. Patients can participate in healthcare processes, such as diagnosis and treatment, through secure electronic communication services. Patients can search healthcare information over the Internet and interact with physicians. The same advances in technology have also heightened privacy awareness. Privacy concerns include healthcare Web sites that do not practice the privacy policies they preach, computer break-ins, insider and hacker attacks, temporary and careless employees, virus attacks, human errors, system design faults, and social engineering. This chapter looks at medical privacy issues and how they are handled in the U.S. and New Zealand. A sample of 20 New Zealand health Web sites was investigated.

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The Impact of Information Technology in Healthcare Privacy

Medical Informatics ◽

10.4018/978-1-60566-050-9.ch082 ◽

2011 ◽

pp. 1071-1101 ◽

Cited By ~ 2

Author(s):

Maria Yin Ling Fung

Keyword(s):

New Zealand ◽

Web Sites ◽

Information Technologies ◽

Social Engineering ◽

The Internet ◽

Communication Services ◽

Human Errors ◽

Privacy Concerns ◽

Use Of The Internet ◽

Reducing Costs

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Web-Based Information for Patients and Providers

Advances in Medical Technologies and Clinical Practice - Impacts of Information Technology on Patient Care and Empowerment ◽

10.4018/978-1-7998-0047-7.ch002 ◽

2020 ◽

pp. 19-33

Author(s):

Izabella Lejbkowicz

Keyword(s):

Health Information ◽

Web Sites ◽

Information Technologies ◽

The Internet ◽

Online Health Information ◽

World Population ◽

Web Based ◽

Access To Health ◽

The Impact

The exponential development of Information Technologies revolutionized healthcare. A significant aspect of this revolution is the access to health information in the Internet. The Internet World Stats estimates that 56.8% of the world population used the Internet in March 2019, an increase of 1,066% from 2000. According to The Pew Research Center survey of 2012 81% of Americans used the internet and 72% of them searched for health information. Even though there is a lack in more recent data on the percentage of online health information seekers, it is clear that this trend is on the rise. This chapter focuses on the characteristics of the search for online health information by patients and providers, investigates features related to the quality of health web sites, and discusses the impact of these searches on healthcare.

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FAKTOR-FAKTOR PELAPORAN KEUANGAN BERBASIS WEBSITE DENGAN MODEL REGRESI LOGISTIK

JURNAL AKUNTANSI DAN BISNIS Jurnal Program Studi Akuntansi ◽

10.31289/jab.v5i1.1837 ◽

2019 ◽

Vol 5 (1) ◽

pp. 1

Author(s):

Wenny Anggeresia Ginting ◽

Munawarah - Munawarah ◽

Siti Dini

Keyword(s):

Logistic Regression ◽

Regression Analysis ◽

Financial Reporting ◽

Stock Exchange ◽

Research Data ◽

The Internet ◽

Company Size ◽

Business Networks ◽

Size Variable ◽

Auditor Reputation

This study shows the empirical evidence whether there are influences on company size, profitability, and auditor reputation on the disclosure of website-based financial reporting and also those not based on company websites in 2016. This study uses data from all non-financial companies listed on the Indonesia Stock Exchange (IDX) 2016. The testing of research data using logistic regression analysis. The results showed that partially the profitability variable, type of company, and auditor reputation had significant and significant effect on IFR (Internet Financial Reporting), while the firm size variable did not affect non-financial companies listed on the Indonesia Stock Exchange. Opportunities for non-financial companies that implement IFR are greater than companies that do not implement IFR, this reason supports that the existence of the internet through IFR has been widely used to expand business networks in each business entity through the company's website compared to companies that have not implemented it.

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Post-Soviet diasporas in the age of the internet

RUDN Journal of Russian History ◽

10.22363/2312-8674-2021-20-3-437-447 ◽

2021 ◽

Vol 20 (3) ◽

pp. 437-447

Author(s):

Efim I. Pivovar ◽

Vitaly F. Ershov ◽

Maria V. Katagoshchina

Keyword(s):

Migrant Workers ◽

Public Diplomacy ◽

Information Technologies ◽

Social Adaptation ◽

The Internet ◽

Host Countries ◽

Early 21St Century ◽

Recent Developments ◽

The Creation ◽

The Impact

This article examines the impact of recent developments in the diasporas of post-Soviet nationalities during the early 21st century. Its authors argue that new information technologies have a major impact on the creation of identities in diasporas, their interaction with the host countries and the historical homeland, as well as the social adaptation of migrants. Focusing on the evolution of expatriate communities in Russia and its Near Abroad, they point out that these diasporas use the Internet to promote common historical, cultural and civilizational values. The article goes on to analyze the information policies of ethnic and cultural organizations, the integration of intellectual elites of post-Soviet diasporas into scientific and educational institutions, the impact of digital technologies on the business activity of diasporas, the daily life of migrant workers, as well as the participation of diasporas in international culture and public diplomacy. The authors conclude that modern means of communicating information have created a fundamentally new environment for migration flows and the creation of diasporas in the post-Soviet space and around the world. Today, this trend plays an important role in economic and cultural integration and social development of Eurasia.

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