Int. J. of Accounting and Finance   »   2010 Vol.2, No.1



Title: An empirical study of the financial information disseminated on the internet and the perceived usefulness for shareholders and regulators


Author: Ramaiyer Subramanian, John B. Raja


Faculty of Business and Law, Multimedia University, Melaka, Malaysia.
Faculty of Business and Law, Multimedia University, Melaka, Malaysia


Abstract: The importance of Internet Financial Reporting (IFR) to users is discussed in various research studies. Size, profitability, foreign listing and industry types are some of the determinants to disseminate more financial and nonfinancial information on the internet. However, the evidence of the usefulness of such information is inadequate. This study tries to identify the perceived usefulness of statutory, voluntary information and audit assurance disseminated on the internet to selected users of such information. The study result is consistent with previous studies, except that the regulators are concerned with statutory obligations rather than information overload by way of voluntary disclosure.


Keywords: internet financial reporting; shareholders; regulatory agencies; statutory information; voluntary information; audit assurance; world wide web; regulators; statutory obligations; information overload; information dissemination; disclosure; Malaysia; stock exchanges; firm size; profitability; foreign listings; industry types; nonfinancial information; accounting; finance.


DOI: 10.1504/IJAF.2010.031911


Int. J. of Accounting and Finance, 2010 Vol.2, No.1, pp.49 - 66


Available online: 02 Mar 2010



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