Repositorio Institucional de la Universidad de Huelva (Universidad de Huelva) · 2003 · 123 citations · 12 references
Open access
Internet ScienceBusiness IntelligenceIntegrated ReportingWeb AnalyticsJournalismFintechSocial MediaOnline ReportingManagementInternet Financial ReportingInternational AccountingCommon FactorsFinancial AccountingAccountingInformation ManagementMarketingDeveloped CountriesFinanceNon-financial ReportingWeb TrendCorporate ReportingBusinessE-financingInternet FinanceFinancial Statement
Internet-based corporate reporting is widespread across companies worldwide, rapidly evolving since 1994 alongside the web, and has been the focus of numerous studies examining how firms exploit this medium to inform investors and stakeholders. The paper extends existing benchmarks to monitor online reporting activity since the mid‑1990s. The authors analyze 250 large firms in five countries, examining their 2001‑2002 online reporting attributes and comparing practices by company size and country. The study shows that online reporting practices have evolved since 1999, with newer interactive technologies being adopted, and that reporting practices differ significantly across companies and domains.
Internet based corporate reporting is wide spread amongst companies of all sizes in most countries around the world. The development of online reporting practice has been rapid, largely mirroring, and motivated by, the development of the world-wide-web since 1994, being the primary Internet medium for online reporting. A number of studies of these developments have occurred over this time seeking to plot how companies are exploiting the media of the Internet and how they are developing their reporting practices in response to this ubiquitous route to current and potential investors, and other stakeholders. In this paper, we develop this literature further by extending the benchmarks that have been created to monitor this activity since the mid 1990s. This study focuses on the very largest companies in five countries around the world. It examines online reporting practices of 250 companies at the end of 2001 and in early 2002 by creating a detailed attribute analysis of common factors across the companies examined. In addition to illustrating developments in online reporting practices since the previous extensive studies were conducted in 1999 and early 2000, the results provide new insight into recent changes in this domain. It particularly illustrates how newer, more interactive, aspects of Internet technologies are now being exploited to enable us to benchmark these activities to follow their use in the near future. The paper then addresses the relationship between the size of companies and its level of reporting practices, and the differences between reporting practices of large companies listed primarily in the different countries examined. These results illustrate that reporting practices differ significantly between companies in different domains.
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