Pdf the internet has become widely used as a channel to disseminate financial information by jordanian listed companies in response to the. A company with ifr or publishing financial reports in the internet internet financial reporting is a company which provides foot notes of some financial reports or events of the company the. Following an agency theory approach, we propose five hypotheses that state the relationship between voluntary financial disclosure and size, leverage, capital investment, political competition, and press visibility of the local authority. Our second and main purpose is to examine economic incentives that potentially. Internet, financial reporting, disclosure, saudi arabia, oman. Determinants of internet financial reporting by listed companies on the kuwait stock exchange.
Pdf determinants of internet financial disclosure in gcc. Financial information on profitability, assets, type of auditor, industry and whether the company was crosslisted were also sought from the company websites, the cma, and the nse. This study investigated the major factors influencing internet financial reporting in nigeria. The first states that financial reporting quality relates with whole performance of business that is shown in the earning. Most financial reporting is confined to pdf, which appear exactly like the paper based annual reports. The research sample consists of 3 egyptian companies listed on. Determinants of internet financial reporting by egyptian. Secondary data were sourced from the annual report and accounts of the seventyseven 77 sample firms and annual publications of the nigerian stock exchange. Journal of financial reporting and accounting internet financial reporting determinants. Determinants of voluntary internet financial reporting by. Sorry, we are unable to provide the full text but you may find it at the following locations. The determinants of internet financial reporting in jordan 545 the findings of chau and gray 2010, erer and dalgic 2011, ya p et al. Comparing internet financial reporting index between bank.
Despite these benefits internet reporting varies across companies and across countries. Internet financial reporting ifr enables companies to disclose both the traditional annual reports with additional financial and nonfinancial information in. Department of management and accounting, obafemi awolowo university, ileife, nigeria. Logistic regression analysis was undertaken to establish the determinants of ifr by the. Hence, the need for an accurate financial report cannot be over emphasized, therefore, this study seeks to identify the determinants of computerized accounting systems on accurate financial reporting in listed banks on the ghana stock exchange. Journal of international business and economics, 71, 162178. The purpose of this study to examine what are the factors that influence ifrs. Determinants and economic consequences abstract i investigate the determinants and economic consequences associated with firms financial reporting choices. The websites of the sampled companies were browsed for collecting data relating to financial reporting on the internet. The findings regarding the determinants of internet reporting should be on concern of regulatory authorities. The determinants of government financial reports online. Extensive literature examines the determinants of voluntary financial reporting through traditional media such as printbased annual reports. The financial information through internet is called ifr internet financial reporting which is a combination between the internet multimedia capability and capacity to communicate the financial information interactively. The development of the internet as a global medium for the dissemination of corporate financial information creates a new reporting.
Pdf the determinants of internet financial reporting in jordan. Evidence from the uae find, read and cite all the research you need on researchgate. Boesso and kumar 2007 claimed that one of the determinants that led to the emergence of voluntary disclosure was the inadequacy of financial reporting, as perceived by. Determinants of internet financial reporting by new zealand companies. It is argued that while xbrl is designed to standardize only the format of information, it will also standardize contents.
This paper examines the characteristics of local government that influence the voluntary spread of financial information on the internet. A number of studies have been conducted on the determinants of ifr but most. The determinants of computerized accounting system on. We study internet financial reporting ifr, in particular the presentation and content of ifr, of 660 large companies in 22 countries to identify the. Ammar yaser mansour almansour a thesis submitted to the fulfillment of the requirement for the degree master of science finance college of business division of accounting and finance. The usage of internet in financial reporting is on the increase among firms around. The analysis ofinternet financial reporting determinants extends the theories and models that have been developed regarding disclosurethrough traditional media.
As a result, companies increasingly use the internet as an investor relations medium and a vehicle to disseminate financial information to capital markets. The study also, found company size, liquidity, auditor and industry to be the key determinants of internet financial reporting by kuwaitilisted companies. Based on the findings, implications for financial inclusion initiatives and relevant future research have been identified. Determinants of revenue recognition policies for internet. Recognizing the endogeneity associated with these choices, i find evidence of a positive association between investors demands for firmspecific. A number of studies examine the determinants of discretionary financial reporting on the internet by business enterprises e. Extensive literature examines the determinants of voluntary financial reporting through traditional media such as. Request pdf internet financial reporting determinants. The second objective was to explore the opinions of users towards newer methods of online financial reporting. The survey is aimed at identifying ifr versus nonifr companies, and the nature and extent of their ifr practices. Large pdf files are broken down into usable sections and clearly identified as. Second, internet financial reporting creates a demand for standardization, which has been taken up with the development of xbrl. This paper examines the determinants of voluntary disclosure of financial information on the internet by brazilian firms.
These studies primarily focus on managerial incentives in the private sector. The purpose of this paper is to establish the level of internet financial reporting ifr of slovenian companies, including the contents as well as the presentations of online financial information. However, agency theory suggests that companies with a low liquidity ratio may provide more information to satisfy the information. Users perceptions on internet financial reporting in. A multiple regression model was used to establish the determinants of internet financial reporting. Determinants of online reporting of accounting information. The study examined a sample from saudi nonfinancial listed firms covering the period of 202014. Determinants of internet financial reporting by new. The development of the internet as a global medium for the dissemination of corporate financial information creates a new reporting environment.
This study was conducted to evaluating financial disclosure on websites of bank and non bank go public in indonesia using the internet financial reporting index ifri. Also, during the last decade there has been a profound revolution in information technology as a result of the internet, and obviously accounting has been directly affected by this change. Finally, the paper discusses the issue of assuring high quality internet financial reporting. Determinants of internet financial report atlantis press.
The development of technology is more effective in helping users including for companies in doing financial reporting. Financial reporting standards ifrs environmental disclosures and hence become more profitable. The determinants of internet financial reporting in. Practice of ifr make transparency of financial statement disclosures. Apart from cost considerations, this may be to protect the. The effect of fundamental determinants on voluntary. Ifr is a voluntary disclosure of financial statement which measured using ifr index.
Economic consequences of internet financial reporting. This entitys financial statements are in a pdf format, 0. Following an agency theory approach, we propose five hypotheses regarding the relationship between voluntary financial disclosure and the size, leverage, capital investment, political competition and press visibility of a local. Its accessibility concerns with the ease with which users can locate and view financial reporting data provided at the website. We study internet financial reporting ifr, in particular the presentation and content of ifr, of 660 large companies in 22 countries to identify the firm, and environmental determinants of ifr. An empirical investigation on uae public listed companies. Empirical evidence from nigeria ayodeji akinlolu agboola 1 mary kehinde salawu 2 1. The determinants of internet financial reporting request pdf. First, it aims to measure the level of csr disclosure quantity and quality. Highquality financial reporting helps users of financial information trust the business, and thus creates value for the business. Determinants of internet financial disclosure by local. Determinants of csr disclosure quantity and quality. The objective of this paper is to undertake an indepth study of the internet financial reporting ifr practices of uaelisted companies.
Determinants of internet financial reporting by new zealand. This research aims at examining the determinants of internet financial reporting by egyptian companies through measuring the extent of internet financial reporting ifr practices in egypt and the association between ifr and the egyptian listed companies characteristics. To the best of the authors knowledge, this is the first paper that provides some insights into the determinants of internet financial reporting using interviews. Pdf determinants of internet financial reporting by new. The determinants of internet financial reporting semantic scholar. The determinants of financial reporting on the internet. Determinants of internet financial reporting practices. Second, it aims to investigate the determinants of csr disclosure quantity and quality in a saudi arabian context. The results of the study confirm that factors previously found to be important in paperbased reporting, such as education level, population, internet access or fiscal pressure seem to have no influence on the public financial information disclosed on the internet. However, most of these studies were conducted in developed countries including usa debrecency et al. Department of management and accounting, obafemi awolowo university, ileife, nigeria 2. Request pdf the determinants of internet financial reporting in slovenia purpose the purpose of this paper is to establish the level of internet financial reporting ifr of slovenian. Determinants of revenue reporting practices for internet firms page 2 to consumer b2c firms, it is not as pervasive as one might infer from the attention these practices have received from the sec, the fasb, and the financial press. Pdf the determinants of internet financial reporting.
Only debt seems to be a relevant factor in the degree of information transparency achieved via the internet for accountability documents. Pdf the determinants of internet financial reporting in. The determinants of computerized accounting system on accurate financial report in listed banks on the ghana stock exchange disclosures adoption of international reporting standards regulations and lack of competence by the preparers have contributed to the complexity of the reports, the findings. Abstract this paper examines the features of spanish local governments that influence the degree of their voluntary reporting of financial information on the internet. Visit for more related articles at journal of internet banking and commerce. This paper extends this literature by examining the voluntary adoption of the internet as a medium for transmitting financial reports and determinants of such voluntary practice by new zealand companies. The determinants of internet financial reporting in jordan. Pdf on dec 1, 20, hela miniaoui and others published determinants of internet financial reporting practices. Using mixed theoretical perspectives on corporate reporting including legitimacy, stakeholder, and signalling theories, this study investigates the extent and determinants of corporate reporting on the internet by firms listed on the official market of the stock exchange of mauritius sem. The determinants of internet financial reporting core.
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