Internet Financial Reporting by Indian Public and Private Companies

Harmandeep Singh, Arvinder singh

Abstract


There has been rapid change in the information system by the means of internet, and obviously every sector gets affected by the change. The same changes have adopted by the companies, they utilize internet for the dissemination of information. The present paper aim to analysis the extent of financial disclosure by Indian public and private companies and investigated if any difference occurs between two sectors. The empirical research based on top 30 companies listed on BSE, we analysis items wise and company’s wise financial disclosure through internet. The result shows that both sectors utilize their website for financial disclosure at some extent, further Mann-Whitney test applied for analysis the difference between two sectors in IFR practice and it show significance difference between two sectors.

Keywords


accounting;internet financial reporting;Indian public and private companies

Full Text:

PDF

References


Ashbaugh, H., Johnstone, K. M. and Warfield, T. D. (1999), "Corporate Reporting on the Internet", Accounting Horizons, 13(3), 241-257.

Brennan, N. and Hourigan, D., (2000), “Corporate Reporting on the Internet by Irish Companies”, The Irish Accounting Review, 7 (1), 37-68.

Craven, B. M. and Marston, C. L., (1999), "Financial reporting on the Internet by leading UK companies", The European Accounting Review, 8(2), 321-333.

Debreceny, R. and Gray, G.L., (1999), “Financial Reporting on the Internet and the External Audit”, European Accounting Review, 8(2), 335-350.

Deller, D., Stubenrath, M. and Weber, C., (1999), “Investor Relations and the Internet: Background, Potential Application and Evidence from the USA, UK and Germany”, Paper presented at the 21st Annual Congress of the European Accounting Association, Antwerp, Belgium.

Ettredge, M., Richardson, V. J.And Scholz, S., (2002), "Dissemination of information for investors at corporate Web sites", Journal of Accounting and Public Policy, 21(4-5), 357-369.

Financial Accounting Standard Board, (2000), “Business Reporting Research Project: Electronic Distribution of Business Reporting Information”, Steering Committee Report Series, Available at http://www.fasb.org.

Garg, M.C. and Verma, D. V., (2010), “Web-Based Corporate Reporting Practices in India”, IUP Journal of Accounting Research and Audit Practices, 9(3), 7-19.

Joshi, L.P. and AI-Modhahki, J., (2003), “Financial Reporting on the Internet: Empirical Evidence from Bahrain and Kuwait”, Asian Review of Accounting, 11(1), 88-101.

Lodhia, S., Allam, A. and Lymer, A., (2004), “Corporate Reporting on the Internet in Australia: An Exploratory Study”, Discussion Paper, School of Business and Information Management, Australian National University.

Lymer, A., (1997), “The Use of the Internet for Corporate Reporting. A discussion of the Issues and Survey of Current Usage in the UK”, Paper presented at the 21st Annual Congress of the European Accounting Association, Antwerp, Belgium.

Lymer, A., (1999), “The Internet and the Future of Corporate Reporting in Europe”, European Accounting Review, 8(2).

Marston, C. And Polei, A., (2004), "Corporate reporting on the Internet by German companies", International Journal of Accounting Information Systems, 5(3), 285-311.

Marston, C., (2003), "Financial reporting on the Internet by leading Japanese companies", Corporate Communications: An International Journal, 8(1), 23-34.

Marston, C.L. and Leow, C.Y., (1998), “Financial Reporting on the Internet by Leading UK companies”, Paper presented at the 21st Annual Congress of European Accounting Association, Antwerp, Belgium.

Marston, C.L. and Leow, C.Y., (1998), “Financial Reporting on the Internet by Leading UK companies”, Paper presented at the 21st Annual Congress of European Accounting Association, Antwerp, Belgium.

Oyelere, P., Laswad, F. and Fisher, R., (2003),"Determinants of Internet Financial Reporting by New Zealand Companies", Journal of International Financial Management andAccounting, 14(1), 26-63.

Singh, M., (2009), “ Corporate Disclosure Through Web: A Study of Selected Indian Companies”, Ph.D Dissertation, Guru Nanak Dev University, Amritsar, Punjab, India.

Singh, M., (2013), “Impact of Company Characteristics on Web-Based Business Reporting In India”, IUP Journal of Accounting Research and Audit Practices, 12(1), 21-46.

Xiao, J. Z., Yang, H. and Chow, C. W. (2004), "The Determinants and Characteristics of Voluntary Internet-based Disclosures by Listed Chinese Companies", Journal ofAccounting and Public Policy, 23(3), 191-225.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2015 Journal of Marketing and HR

Copyright © 2015 Journal of Marketing and HR. All rights reserved.

ISSN 2455-2178

For any help/support contact us at editorial@scitecresearch.com.