Determinants of corporate reporting on the internet: An analysis of companies listed on the Istanbul Stock Exchange (ISE)
Abstract
Purpose
The primary objective of this study is to investigate the utilization of the internet by the Turkish companies listed on the Istanbul Stock Exchange (ISE) for corporate reporting; to determine the company characteristics that influence the information disclosure level on the internet; and to investigate whether there is a significant difference between the firms listed in the Corporate Governance Index of the ISE and those that are not, in terms of level of disclosure on the corporate web sites.
Design/methodology/approach
The methodology of the study was content analysis of corporate web sites of corporations listed on the ISE.
Findings
Firms, which are listed in the ISE Corporate Governance Index (XCORP), disclose significantly more information on corporate web sites compared to the firms that are not listed in the XCORP. In addition, the results indicate that firm size and being listed in the XCORP are significant explanatory variables for the total disclosure score on the corporate web sites, while industry and profitability are not.
Research limitations/implications
Since the study was conducted on a sample of listed companies on the ISE, the findings are not necessarily representative of non‐listed companies.
Originality/value
The study contributes to the scarce literature on internet reporting in developing countries and it incorporates the XCORP in the predictors of information disclosure level on corporate web sites.
Keywords
Citation
Uyar, A. (2012), "Determinants of corporate reporting on the internet: An analysis of companies listed on the Istanbul Stock Exchange (ISE)", Managerial Auditing Journal, Vol. 27 No. 1, pp. 87-104. https://doi.org/10.1108/02686901211186117
Publisher
:Emerald Group Publishing Limited
Copyright © 2012, Emerald Group Publishing Limited