Abstract
The aim of this research paper was to explore the level of electronic disclosure on financial and non-financial information of Jordanian corporations listed in Amman Stock Exchange (ASE), and to identify factors that have an impact on electronic disclosure used by Jordanian corporations. Finally, the research also intended to examine the level of each financial and non-financial items on the basis of data published in 2014. The Internet Disclosure Index (IDI), which consisted of 40 items was constructed and used to measure the level of the Internet-based disclosure. Simple linear regression analysis was used to analyze research data. The population of the current research comprised all Jordanian public-listed corporations in Amman Stock Exchange Securities in 2014. There were 270 corporations distributed on four sectors; banking, insurance, services as well as industry. The results revealed that 48.9% (132 corporations) have websites and 51.1% (138) have no websites. It was concluded that the level of the Internet-based disclosure is 6.6%. Finally, the findings indicated that there was an association between company size, liquidity, profitability, audit office size, and the level of the Internet-based disclosure. On the other hand, company efficiency, financial leverage along with debt to equity ratio were found to have no association with the level of the Internet-based disclosure.
Highlights
Organization-related information should be acquired from the organization itself rather than from outsources parties, due to the fact that an organization knows well its own business activities and posses the ability to produce cost-effective as well as reliable information
The main objective of this research is to investigate the impact of various constructs, i.e. company size, profitability, liquidity, company efficiency, audit office size, leverage ratio, debt to equity ratio on electronic disclosure via the Internet on financial and non-financial information of Jordanian public-listed companies in Amman Stock Exchange (ASE)
Electronic disclosure level was measured, hypotheses were tested through an empirical study covered all Jordanian public-listed companies in ASE in order to investigate the level of electronic disclosure on financial and non-financial information and to explore factors affecting electronic disclosure applied by these companies
Summary
Organization-related information should be acquired from the organization itself rather than from outsources parties, due to the fact that an organization knows well its own business activities and posses the ability to produce cost-effective as well as reliable information. The main objective of this research is to investigate the impact of various constructs, i.e. company size, profitability, liquidity, company efficiency, audit office size, leverage ratio, debt to equity ratio on electronic disclosure via the Internet on financial and non-financial information of Jordanian public-listed companies in ASE. On the strength of data collected from Jordanian public listed companies (JPLCs) in 2014, simple regression analysis was used to test the relationship between predictors and the level of Internet-based disclosure in accordance the following equation: Υ = α + β1 (Size) + β2 (Profitability) + β3 (Efficiency) + β4 (Liquidity) + β5 (audit Firm size) + β6 (Leverage) + β7 (debt to equity) + μ Where, Y: Internet-based disclosure; α: constant; β1: company size, β2: profitability, β3: efficiency; β4: liquidity; β5: audit office size; β6: financial leverage; β7: debt to equity ratio and μ: standard error. The first hypothesis was supported and the alternative hypothesis presumed that there is a high level of Internet-based disclosure in JPLCs was rejected
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
