Title: A survey of the perceived usefulness of financial information disclosed on the internet to shareholders in Malaysia

Authors: Ramaiyer Subramanian, John B. Raja, Mohammad Talha

Addresses: Faculty of Business and Law, Multimedia University, Melaka, Malaysia. ' Faculty of Business and Law, Multimedia University, Melaka, Malaysia. ' Department of Accounting & MIS, College of Industrial Management, King Fahd University of Petroleum & Minerals, KFUPM, P.O. Box 366, Dhahran – 31261, Saudi Arabia

Abstract: Financial information dissemination is the need of the hour in the globalised scenario for meeting the needs of shareholders. This research seeks to identify the perceived usefulness of statutory, voluntary information and audit assurance (AA) disseminated on the internet to the shareholders. This study is empirical in nature. A questionnaire was developed and the responses were collected from the shareholders in Malaysia. Perceived usefulness for shareholders (PSH) is the dependent variable and four independent variables were financial statement (FS), corporate governance (CG), corporate information (CI), and AA. Structural equation modelling was used to confirm the results obtained. The findings of the study are consistent with existing studies done in other countries.

Keywords: internet financial reporting; shareholders; structural equation modelling; Malaysia; perceived usefulness; financial information; financial disclosure; information dissemination; audit assurance; financial statements; corporate governance; corporate information.

DOI: 10.1504/IJEA.2011.040111

International Journal of Economics and Accounting, 2011 Vol.2 No.2, pp.127 - 144

Published online: 21 Oct 2014 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article