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

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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Factors that Affect the Internet Financial Reporting (IFR) in Banking Sector Companies Listed on the Indonesia Stock Exchange (IDX)

The Indonesian Accounting Review ◽

10.14414/tiar.v8i2.1534 ◽

2018 ◽

Vol 8 (2) ◽

pp. 175

Author(s):

Ilham Ridho Maulana ◽

Luciana Spica Almilia

Keyword(s):

Financial Reporting ◽

Firm Size ◽

Banking Sector ◽

Stock Exchange ◽

Sampling Technique ◽

Financial Information ◽

The Internet ◽

Purposive Sampling

Internet Financial Reporting is the disclosure of company’s financial and non-financial information through the company's official website. The format commonly used includes HTML, PDF, XBRL, audio and video. This study aims to examine the effect of firm size, leverage, listing age, profitability, and liquidity on the Internet Financial Reporting. The population in this study is banking sector companies listed on the Indonesia Stock Exchange (IDX) period 2016. The sampling technique used is purposive sampling with SPSS 23, software. The results of this study show that firm size and leverage have an effect on Internet Financial Reporting, but listing age, profitability, and liquidity have no effect on Internet Financial Reporting.

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The effect of firm size, financial performance, listing age and audit quality on Internet Financial Reporting

The Indonesian Accounting Review ◽

10.14414/tiar.v6i2.614 ◽

2017 ◽

Vol 6 (2) ◽

pp. 239

Author(s):

Ni Wayan Putri Mahendri ◽

Soni Agus Irwandi

Keyword(s):

Regression Analysis ◽

Financial Reporting ◽

Firm Size ◽

Audit Quality ◽

Stock Exchange ◽

Financial Information ◽

The Internet ◽

Manufacturing Companies ◽

New Strategy ◽

Auditor Reputation

Financial reporting is the most important information for investors. So far, a rapid internet growth has created a new strategy for companies to communicate with investors. In this case, internet could be used by companies to report their financial information, or commonly known as Internet Financial Reporting (IFR). The objec-tive of this study is to analyze the effect of firm size, profitability, liquidity, leverage, listing age, and auditor reputation on Internet Financial Reporting. The sample, as based on sampling criteria, consists of 82 manufacturing companies listed in the Indonesia Stock Exchange in 2013. This study used a multiple regression analysis for the analyses such as to examine the variables that affect the Internet Financial Reporting. The findings show that firm size has a significant effect on Internet Fi-nancial Reporting. However, other factors such as profitability, liquidity, leverage, listing age, and auditor reputation have no significant effects on Internet Financial Reporting. The implication of this study is that the investors can use this study as a reference related to investment in Indonesia.

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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 Effect of Ratio, Issuance of Stocks and Auditors’ Quality toward the Timeliness of Financial Reporting on the Internet by Consumer Goods Sector Companies in Indonesia

Binus Business Review ◽

10.21512/bbr.v6i3.954 ◽

2015 ◽

Vol 6 (3) ◽

pp. 439 ◽

Cited By ~ 1

Author(s):

Lidiyawati Lidiyawati ◽

Ratih Wulandari

Keyword(s):

Financial Reporting ◽

Firm Size ◽

Consumer Goods ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

The Internet ◽

Analysis Method ◽

Auditor Quality

This study was conducted to analyze the factors that affect the timeliness of financial reporting on the Internet in the Consumer Goods sector companies listed in Indonesia Stock Exchange (IDX). Variables used were leverage, profitability, size of company, the issuance of stock and the quality of auditors. Data analysis method used was logistic regression at the 0.05 level. The data used were secondary data and using sample Consumer Goods companies listed in the Indonesia Stock Exchange in 2010-2012. This study tested the effect of variable leverage, profitability, firm size, auditor quality stocks, and the timeliness of financial reporting on the Internet. The results obtained from these tests support the timeliness of audit quality of financial reporting on theInternet. However, other variables such as leverage, profitability, firm size, stock issuance did not support the timeliness of financial reporting on the Internet.

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KAJIAN EMPIRIS INTERNET FINANCIAL REPORTING DAN PRAKTEK PENGUNGKAPAN

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v16i2.1643 ◽

2017 ◽

Vol 16 (2) ◽

pp. 161 ◽

Cited By ~ 1

Author(s):

Reskino , ◽

Nova Ninda Jufrida Sinaga

Keyword(s):

Real Estate ◽

Financial Reporting ◽

Firm Size ◽

Voluntary Disclosure ◽

Stock Exchange ◽

Financial Statements ◽

Building Construction ◽

Communication Process ◽

The Internet ◽

Significance Level

Purpose – Internet is a medium with applications that are used to streamline the communication process including the communication of financial statements to the parties concerned. This study examined the factors that affect the company's financial reporting on the internet property sector, real estate and building construction. These factors include firm size, leverage, profitability and liquidity of the financial reporting through the internet (IFR).Design/methodology/approach – Secondarydata were sourced from 53 samples of the company which listed in the Indonesia Stock Exchange in 2013. The study was conducted on Research data analysis using logistic regression analysis with dummy variables and t test (partial) with significance level of 5%.Findings –The analysis found that only the size of companies that have effect on the financial reporting through the internet (internet financial reporting). However leverage, profitability, and liquidity do not explain the company choice to use IFR.Originalitas – This is one of the studies to examine the factors that influence the disclosure of financial statements on the Internet at property sector, real estate and building construction. The artikel provides a valuable contribution to researchers and practitioners to extends the understanding of IFR at property sector, real estate and building construction Keywords: Internet Financial Reporting, Firm Size, Leverage, Profitability, Liquidity, Voluntary Disclosure

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Financial reporting on the internet: the portuguese case

RAE eletrônica ◽

10.1590/s1676-56482003000200004 ◽

2003 ◽

Vol 2 (2) ◽

Cited By ~ 1

Author(s):

Lúcia Lima Rodrigues ◽

Carlos Menezes

Keyword(s):

Financial Reporting ◽

Web Sites ◽

Information Technologies ◽

Financial Information ◽

The Internet ◽

Company Size ◽

Paper Version ◽

Industry Type ◽

Significant Difference ◽

Recent Developments

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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The disclosure of non-financial information by stock-exchange-listed companies in Poland, in the light of the changes introduced by the Directive 2014/95/EU

Zeszyty Teoretyczne Rachunkowości ◽

10.5604/01.3001.0012.2933 ◽

2018 ◽

Vol 2018 (99 (155)) ◽

pp. 65-96 ◽

Cited By ~ 3

Author(s):

Arleta Szadziewska ◽

Ewa Spigarska ◽

dr Ewa Majerowska

Keyword(s):

Financial Reporting ◽

Stock Exchange ◽

Listed Companies ◽

Financial Information ◽

Financial Disclosure ◽

Tobit Regression ◽

Low Profile ◽

Financial Disclosures ◽

Polish Law ◽

A Company

Beginning in 2017, stock-exchange-listed companies in Poland have been obliged to publish non-financial information. This is due to the implementation of Directive 2014/95/EU in Polish law, which requires the dis- closure of extended non-financial information on the part of specified large public-interest companies and capi- tal groups. Taking the above into consideration, the aim of this article is to answer the following questions: 1) What is the state of the non-financial disclosures made by stock-exchange-listed companies in Poland? 2) What are the differences in reporting non-financial information by companies from various industries? 3) What factors affect the disclosure of non-financial information? In total, 53 companies were researched. The results obtained indicate that the form of the disclosures varies. Most commonly, non-financial information was presented in management commentaries. The scope of the information presented was diverse. The most non-financial disclosures were made by companies from the chemical and the energy sectors. The following factors influenced the publication of this type of information: the entity’s size, its market value and the industry to which a given company belongs. In contrast, no positive associations between the economic performance of a company and non-financial disclosure, nor between the financial leverage of a company and non-financial disclosure have been found, with the exception of companies from the low-profile sector. The studies involved content analysis and the Tobit regression model. Existing results of research on non-financial reporting made by stock-exchange-listed companies in Poland did not en- compass the last reporting period prior to the introduction of the changes to the Act on Accounting. Therefore, the results obtained allow us to determine the degree of preparation on the part of the researched companies belonging to various sectors (of larger and smaller environmental nuisance).

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ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI INTERNET FINANCIAL REPORTING PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX

Jurnal Ekonomi Syariah Teori dan Terapan ◽

10.20473/vol8iss20213pp264-274 ◽

2021 ◽

Vol 8 (3) ◽

pp. 264

Author(s):

Novita Hestiani ◽

Dian Filianti

Keyword(s):

Financial Reporting ◽

Firm Size ◽

Rapid Development ◽

Agency Cost ◽

The Internet ◽

The Public ◽

Industry Type ◽

Analysis Technique ◽

The Cost ◽

Auditor Reputation

ABSTRAKPerkembangan internet yang cepat memudahkan untuk menyebarkan informasi perusahaan kepada publik, pelaporan secara internet melaui website perusahaan yang sering disebut Internet Financial Reporting (IFR). IFR dapat membantu mengurangi agency cost terkait biaya penyebarluasan informasi berbentuk cetakan. IFR juga membantu menyebarkan informasi mengenai keunggulan-keunggulan perusahaan untuk memudahkan investor mengambil keputusan dan menarik investor baru. Penelitian ini memiliki tujuan untuk memberikan bukti secara empiris mengenai pengaruh Profitabilitas, Jenis Industri, Firm Size, Reputasi Auditor terhadap Internet Financial Reporting (IFR). Sampel dalam peneltian ini sebanyak 30 perusahaan yang terdaftar di Jakarta Islamic Index tahun 2019. Teknik analisis data pada penelitian ini adalah uji analisis regresi berganda. Dalam penelitian ini mengungkapkan hasil bahwa variabel Firm Size dan Reputasi Auditor menunjukkan hasil yang positif dan signifikan. Sedangkan Profitabilitas dan Jenis Industri tidak terbukti memiliki hasil yang signifikan.Kata kunci: Profitabilitas, Jenis Industri, Firm Size, Reputasi Auditor, Internet Financial Reporting. ABSTRACTThe rapid development of the internet makes it easy to disseminate company information to the public, reporting on the internet through the company's website which is often called Internet Financial Reporting (IFR). IFR can help reduce agency costs related to the cost of disseminating printed information. IFR also helps disseminate information about the advantages of the company to make it easier for investors to make decisions and attract new investors. This study aims to provide empirical evidence regarding the effect of Profitability, Industry Type, Firm Size, Auditor Reputation on Internet Financial Reporting (IFR). The samples in this study were 30 companies registered in the Jakarta Islamic Index in 2019. The data analysis technique in this study was multiple regression analysis. In this study, the results reveal that the Firm Size and Auditor Reputation variables show positive and significant results. Meanwhile, the profitability and type of industry are not proven to have significant results. Keywords: Profitability, Type of Industry, Firm Size, Auditor Reputation, Internet Financial Reporting.

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Examining financial information reporting and behavior of listed companies in Iran

Journal of Management Development ◽

10.1108/jmd-08-2018-0249 ◽

2020 ◽

Vol 39 (9/10) ◽

pp. 945-962

Author(s):

Roya Izi ◽

Mansour Garkaz ◽

Parviz Sayeedi ◽

Alireza Matoufi

Keyword(s):

Financial Reporting ◽

Stock Exchange ◽

Reporting Quality ◽

Listed Companies ◽

Financial Information ◽

Equation Modeling ◽

Behavioral Characteristics ◽

Statistical Population ◽

Content Type

PurposeThe purpose of this research paper is to provide a model for reporting quality of financial information based on behavior of listed companies in Tehran Stock Exchange which is based on structural equation modeling approaches.Design/methodology/approachThis study uses applied research and postsemi experimental method of data collection in the field of proofing accounting research with deductive–inductive approach. The statistical population of this study includes the sample of 128 listed companies in the Tehran Stock Exchange between 2007 and 2017. The behavioral characteristics of managers (hidden variables) are measured by observable variables of myopia, opportunistic behavior and overconfidence of managers. Reporting quality of financial information is also investigated based on the scores accrued to each company and the announcement published by the Tehran Stock Exchange based on the companies' rating in terms of the quality of reporting and proper notification.FindingsAfter insuring the acceptable fitness of the measurement pattern and the structure of research in both approaches, structural equations modeling and regression, the results indicate that there is a significant negative relationship between the behavioral characteristics of managers and the reporting quality of financial information.Originality/valueAccountants have a critical and difficult responsibility of dealing with transactions and presenting them in the form of financial reports that can be used by interest groups to assess the performance of companies. This critical responsibility becomes meaningful when professional and ethical behaviors are the basis for disclosure of financial reporting. Based on the behavioral characteristics of disclosing financial reporting in emerging capital markets such as Iran, this study can be successful in developing new and theoretical literature in this field.

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PENGARUH FAMILY CONTROL DAN FOREIGN OWNERSHIP PADA PELAPORAN KEUANGAN DI INTERNET

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v14i3.2065 ◽

2014 ◽

Vol 14 (3) ◽

pp. 1

Author(s):

Nenggalih Paksi Kumara

Keyword(s):

Financial Reporting ◽

Sampling Method ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Foreign Ownership ◽

Financial Information ◽

The Other ◽

The Internet ◽

Family Control

Abstract This study aims to analyze and to obtain empirical evidence about the influence of family control and foreign ownership on the reporting of financial information on the internet. This study differs from other studies due to the regulation of BAPEPAM-LK, which requires companies to upload their financial information the website of company. Apart from two main variables, this study also examines the effect of several control variables such as company size, profitability and leverage. In this study internet financial reporting is measured by using an index of disclosure consists of 78 items. Samples procedures in this study is purposive sampling method that produces a sample 140 companies listed on the Stock Exchange in 2014. The method of data analysis of this study is multiple linear regression analysis. These results indicate that family control and size have a positive and significant association with internet financial reporting. On the other hand, foreign ownership, profitability and leverage indicates insignificant association with internet financial reporting.

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