The Determinants of Internet Financial Disclosure: The Perspective of Malaysian Listed Companiesal

Authors

  • Ali Saleh Alarussi UUM College of Business Universiti Utara Malaysia, Malaysia
  • Mohamad Hisyam Selamat UUM College of Business Universiti Utara Malaysia, Malaysia
  • Mustafa Mohd Hanefah Faculty of Economics & Muamalat Universiti Sains Islam Malaysia, Malaysia

DOI:

https://doi.org/10.32890/ijms2011.18.1.1

Keywords:

Determinants, Internet Financial Disclosure, listed companies

Abstract

This paper investigates whether Internet Financial Disclosure (IFD) can be explained by the elements of the company’s characteristics and dominant personalities in board committees. Ten variables have been tested using data collected from 194 Malaysian listed companies’ websites, namely, internationality, leverage, foreign shareholders, information technology (IT) experts, firm’s age, number of shareholders, listing status, dominant personalities in the audit committee, chairman of audit and nomination committees, and dominant personalities in the audit and nomination committees. It is found that IT experts, firm’s age, number of shareholders and listing status are significantly affected by the level of IFD. However dominant personalities in the audit and nomination committees are negatively related to the level of IFD in Malaysia. The study provides some evidence to support the signaling theory and the cost and benefit hypothesis in relation to Internet disclosure.
 
Keywords: Determinants, Internet Financial Disclosure, listed companies.

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Published

30-06-2011

Issue

Vol. 18 No. 1 (2011): International Journal of Management Studies (IJMS) Vol. 18, No.1 June 2011

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Harvested 2026-09-07
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Identifiers DOI 10.32890/ijms2011.18.1.1

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