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Determining Factors of Internet Financial Reporting in Indonesia

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  • Luciana Spica Almilia

Abstract

Internet Financial Reporting (IFR) is voluntary in nature. With no specific regulations for IFR, there is a disparity of IFR practices among companies. Some companies disclose only partial financial statements using a low level of technology, while others disclose full sets of financial reports using sophisticated web technologies. The purpose of this study is to measure the quality of Internet Financial Reporting of public firms on the Jakarta Stock Exchange. An index was developed to measure overall internet reporting. In addition, financial variables that affect Internet Financial Reporting (IFR) among Indonesia Stock Exchange companies are identified. The findings show that the nature of IFR disclosure varies considerably across the sample firms. Firm size and return on equity are identified as determining factors of internet financial reporting in Indonesia.

Suggested Citation

  • Luciana Spica Almilia, 2009. "Determining Factors of Internet Financial Reporting in Indonesia," Accounting & Taxation, The Institute for Business and Finance Research, vol. 1(1), pages 87-99.
    • Handle: RePEc:ibf:acttax:v:1:y:2009:i:1:p:87-99
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    References listed on IDEAS

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    1. Gary K Meek & Clare B Roberts & Sidney J Gray, 1995. "Factors Influencing Voluntary Annual Report Disclosures By U.S., U.K. and Continental European Multinational Corporations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 26(3), pages 555-572, September.
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    3. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    4. Barbara Pirchegger & Alfred Wagenhofer, 1999. "Financial information on the Internet: a survey of the homepages of Austrian companies," European Accounting Review, Taylor & Francis Journals, vol. 8(2), pages 383-395.
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    Cited by:

    1. Nirosh Kuruppu & Peter Oyelere & Hamdan Al Jabri, 2015. "Internet Financial Reporting And Disclosure Practices Of Publicly Traded Corporations: Evidence From Sri Lanka," Accounting & Taxation, The Institute for Business and Finance Research, vol. 7(1), pages 75-91.
    2. Laetitia Pozniak, 2013. "Internet Financial Communication: Evidence from Unregulated Markets of Brussels and Paris," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 7(5), pages 107-122.
    3. George K. Riro & Nelson M. Waweru & Enrico O. Uliana, 2016. "Quality of corporate reporting: case studies from an emerging capital market," Afro-Asian Journal of Finance and Accounting, Inderscience Enterprises Ltd, vol. 6(1), pages 31-52.
    4. Aysha S. Latif & Fahad Abdullah, 2015. "The Effectiveness of Corporate Governance in Constraining Earnings Management in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 20(1), pages 135-155, Jan-June.
    5. Rieke Pernamasari, 2019. "Analysis of Index Internet Financial Reporting: Studies in Banking Companies in Indonesia, Malaysia and Singapore," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 9(1), pages 150-159, January.
    6. Mélanie Croquet & Laeticia Pozniak & Olivier Colot, 2014. "La Qualité De L'Information Financière Est-Elle Liée À La Structure Du Capital ? Le Cas Des Blue Chips Et Small Caps Belges," Post-Print hal-01899079, HAL.
    7. Garay, Urbi & González, Maximiliano & Guzmán, Alexander & Trujillo, María Andrea, 2013. "Internet-based corporate disclosure and market value: Evidence from Latin America," Emerging Markets Review, Elsevier, vol. 17(C), pages 150-168.
    8. Aysha S. Latif & Fahad Abdullah, 2015. "The Effectiveness of Corporate Governance in Constraining Earnings Management in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 20(1), pages 135-155, Jan-June.

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    More about this item

    Keywords

    internet financial reporting; website; traditional financial reporting; technology;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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