IDEAS home Printed from https://ideas.repec.org/h/spr/lnichp/978-3-642-37228-5_10.html
   My bibliography  Save this book chapter

The Impact of Corporate Governance on Internet Financial Reporting in Concentrated Ownership Companies

In: Organizational Change and Information Systems

Author

Listed:
  • Romilda Mazzotta

    (University of Calabria)

  • Giovanni Bronzetti

    (University of Calabria)

Abstract

In the context of agency theory this study investigates the effect of corporate governance (CG) on Internet Financial Reporting (IFR) disclosure in a concentrated ownership environment, such as Italy. We hypothesize that IFR may be explained in term of increasing transparency in order to defend minority shareholder interest, so we predict, and find, a positive association between the extent of a firm’s IFR and its CG and a negative association between IFR and ownership structure. CG is measured by ownership structure, using as a proxy the share held by the first three major shareholders and by managerial ownership, and by board composition, captured through the incidence of independent director (IND) and of a Non-Executive Chair (NEC). IFR is measured taking into consideration the content and format of information present in Investor Relations sections.

Suggested Citation

  • Romilda Mazzotta & Giovanni Bronzetti, 2013. "The Impact of Corporate Governance on Internet Financial Reporting in Concentrated Ownership Companies," Lecture Notes in Information Systems and Organization, in: Paolo Spagnoletti (ed.), Organizational Change and Information Systems, edition 127, pages 93-108, Springer.
    • Handle: RePEc:spr:lnichp:978-3-642-37228-5_10
    DOI: 10.1007/978-3-642-37228-5_10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:lnichp:978-3-642-37228-5_10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.