Financial Reporting Disclosure Research Articles

The Effect of Intellectual Capital and Sustainability Reporting Disclosure on Financial Performance with Corporate Governance Mechanism as Moderating Variable (Empirical Study on Companies Listed on the Indonesia Stock Exchange in 2017–2021)

This study aims to analyze the effect of Intellectual Capital and Sustainability Reporting Disclosure on the Financial Performance with Corporate Governance Mechanisms as Moderating Variables on companies listed on the Indonesia Stock Exchange for the 2017–2021 period. This study uses 125 sample firms selected through a purposive sampling method. Data were analyzed using the Partial Least Square (PLS) model. The results of this study indicate that Intellectual Capital has no significant effect on Financial Performance and Sustainability Reporting Disclosure has a significant positive effect on Financial Performance. Corporate Governance Mechanisms can moderate the influence of Intellectual Capital and Disclosure of Sustainability Reporting on Financial Performance. The results of this study have implications for companies to pay more attention to investment through intellectual capital and sustainability reporting, and maintain good corporate governance as a form of internal supervision, because it can affect company performance. Keywords: intellectual capital, sustainability reporting disclosure, corporate governance mechanism and financial performance

Internet financial reporting disclosure index of e‐commerce businesses on social media

SummaryThe study measured the Internet Financial Reporting (IFR) disclosure index and compared the results across three continents of the global e‐commerce business. In addition, it documents various social media platforms used by e‐commerce. We use content analysis with a scoring matrix based on content, timeliness, technology, and support used in websites and a one‐way ANOVA. The findings identified an average IFR e‐commerce disclosure index of 0.735, which is of good quality as it approaches the value of 1. There is no difference in index IFR between the three continental zones overall, but slightly different from non‐e‐commerce companies. The results also prove that websites and blog media still dominate the use of social media, while other social media platforms have not provided financial information. Researchers in accounting have not conducted research topics on social media, so there are still limited references and narrow analytical content. This research will interest the e‐commerce business industry and compile their financial reporting through the website to improve the quality of their IFR and financial access. Since the e‐commerce business is an internet‐based company growing significantly, it can use other social media to reveal its reporting as decent work and economic growth. This subject is relatively innovative because none of the IFR disclosure index studies focuses on e‐commerce businesses on social media. It fills the research gap related to the characteristics of e‐commerce businesses, where almost all activities are internet‐based.

Factors Affecting Internet Financial Reporting Disclosure to Provincial Governments In Indonesia

Internet financial reporting is important because people are now geographically spread across different regions and countries. Disclosure with traditional paper-based methods has the disadvantage of limited time for filing. In the current era of globalization, Indonesian people can live in any region or country, so using internet financial reporting methods for information disclosure is available on the official government website and can be done at any time. This study aims to test or measure the impact of specific changes to existing assumptions or hypotheses, in this study are factors that affect the disclosure of internet financial reporting, where the variables used are the size of local government, regional expenditure, local original income and audit opinions on internet financial reporting in Indonesia. The type of research used in this research is quantitative research. Based on the results of research and discussion in this study, the conclusion that can be obtained based on the research variables used is that the size of local government does not affect Internet Financial Reporting which means that the size or size of local government has not been able to encourage local governments to publish financial information on local governments.

Incumbents’ re-election incentives and financial report disclosure in Indonesian local government

<p>This study investigates the relationship between incumbents' re-election incentives and financial reporting disclosure in the Indonesian local government. This study uses a sample of 351 local governments at the city or district level throughout 2015-2017 when they ran a local election. Content analysis is used to assign scores to the extent of disclosure. The incumbent mayor or regent who runs a second election is signaled by 1 and 0 otherwise as the proxy for the incumbent's re-election incentives. Cross-sectional multiple regressions will be conducted to examine the hypothesis that there is a significant relationship between an incumbent's re-election incentives and disclosure of financial statements in the local government. Our findings show that incumbent re-election incentives do not have a relationship with the disclosure of financial reports. The incumbent incentive to be re-elected does not necessarily drive an incumbent to disclose its financial statements. Regarding the control variables, significant negative relationships exist between dependencies and the size of the local government towards disclosure level. However, the complexity of the population was positively related to the disclosure level of financial reports. On the contrary, political competition, debt ratio, and type of local government were not related to the disclosure level of the local government's financial reports.</p>

ANALISIS PENGUNGKAPAN INTERNET FINANCIAL REPORTING PADA PERUSAHAAN SUBSEKTOR FARMASI DI INDONESIA

Disclosure of Internet Financial Reporting (IFR) makes it easy for users or interested parties to find financial information through the company's official website. This study aims to reveal the effect of profitability, leverage, and company size on Internet Financial reporting disclosure in the pharmaceutical subsector in Indonesia. The population of this research is all pharmaceutical sub-sector companies that are on the Indonesia Stock Exchange until 2021. The sampling technique used in this study is using the Purposive Sampling method with an observation period from 2019 to 2021. The sample data is then analyzed using multiple linear regression analysis using SPSS 27.0. The results of the analysis of this study are that the Leverage and Firm Size variables influence IFR, while the Profitability variable does not influence IFR. Meanwhile, the independent variables used in the study simultaneously affect IFR.

Assessing the quality of Internet Financial Reporting disclosure in the digital era: towards Industrial Revolution 4.0 practice

Assessing the quality of Internet Financial Reporting disclosure in the digital era: towards Industrial Revolution 4.0 practice

Interim Financial Reporting Disclosure by Listed Firms in the Asia-Pacific Region and Influencing Factors

Interim Financial Reporting Disclosure by Listed Firms in the Asia-Pacific Region and Influencing Factors

The economic effects of mandated ICFR disclosure in China: an insider perspective

ABSTRACT Using a survey of corporate insiders from 1,148 Chinese listed firms, this paper examines the direct effects of compliance with mandated Internal Control over Financial Reporting (ICFR) disclosure. In contrast with their U.S. counterparts, vast majorities of respondents recognize compliance benefits and perceive these benefits to outweigh the costs. However, the degree to which the firm is susceptible to market forces is a major determinant of the effects of compliance. The paper shows the evidence which supports the idea that the effectiveness of mandated ICFR disclosure depends crucially on the broader market and institutional environment in which firms operate.

Determinant of Internet Financial Reporting Disclosure

So far, internet financial reporting is still a voluntary disclosure. This study aims to determine the effect of local government age, local government size, and audit opinion on internet financial reporting in Java.The population of this study is the Regency or City Government on the island of Java, Indonesia, which consists of 85 regencies and 34 cities. After using purposive sampling, a sample of 136 data was obtained, consisting of 52 regencies and 16 cities during the reporting period from 2018 to 2019. This type of research is quantitative research. The analytical tool used is by using logistic regression. The theory used in this research is Legitimacy theory and agency theory.The results of this study indicate that the disclosure of Inernet Financial Reporting to local governments on the island of Java is 43,38%. The local government age variabel has a significant positive effect on internet financial reporting, while the size of the local government has no significant effect on internet financial reporting, as well as audit opinion has no significant effect on internet financial reporting. It is hoped that local governments can improve internet financial reporting to provide sufficient and adequate financial information to the public. In addition, as a form of transparency and accountability for financial management and local government performance. Keywords: Internet Financial Reporting, Regional Financial Reports, Age of Local Government, Size of Local Government, Audit Opinion.

The Effect of Regional Income, Leverage, Regional Property on Internet Financial Reporting Disclosure

This study aims to analyze the effect of local revenue, leverage, local government wealth on the disclosure of web-based local government financial statements. The population and sample of this study are the regional government financial reports of Central Java Province which consist of 29 districts and 6 cities for the 2015-2018 fiscal year which have been audited by the BPK. The analysis method uses a multiple regression panel data model with the Eviews 9 application. The results of this study indicate that local revenue and general allocation funds have a significant positive effect on the disclosure of web-based local government financial reports. However, the wealth of the local government in turn has a negative effect on the disclosure of web-based local government financial reports. Meanwhile, leverage has no effect on the disclosure of web-based local government financial statements. The results of this study can be used as a consideration for the government informing regulations, rewards, and sanctions in order to increase the transparency of digital financial reports.

Internet Financial Reporting Disclosure in the Saudi Listed Manufacturing Companies

The broad aim of this study was to measure the extent of Internet Financial Reporting Disclosure (IFRD) in the Saudi Listed Manufacturing Companies (SLMCs). It extends the current literature on IFRD by providing empirical data on Saudi Arabia, a developing country which has been scarcely researched in this field of study. Fifty-three SLMCs were investigated based on an unweighted checklist of 75 items (20 for presentation and 55 for content). The study also employed multi regression analysis to examine the status of IFRD. The analysis revealed an overall level of IFRD of 45 per cent. The study also provided empirical evidence of significant positive associations between IFRD and both company size and profitability. However, no significant positive associations were found between IFRD and company leverage or listed age. The study provides empirical evidence of a moderate IFRD rate. This is likely to motivate Saudi regulatory bodies and administrators of the SLMCs to increase the amount of information they disclose on their websites in order to enhance the transparency of their reports and meet all stakeholder expectations. The findings of this study are exclusive to the SLMCs and do not provide a complete picture about online disclosure by all Saudi listed companies. Therefore, future studies could investigate the status of online disclosure across all Saudi Listed Companies.

Web-based financial reporting disclosure by Islamic banks in Oman: level of compliance

Purpose The purpose of this paper is to examine the level of web-based Online Financial Reporting Disclosure (OFRD) in Islamic banking in Oman. Design/methodology/approach A checklist was developed to measure the level of Web-based Online Financial Reporting Disclosure in Islamic banking consist of 70 items (Appendix). The sample of the study consists of Islamic banking in Oman. Findings The findings of the descriptive analysis indicated that the overall level of web-based online financial reporting disclosure was 69%. Practical implications The practical implication of the results are helping the authorities to put more efforts toward the quality of web-based online information to satisfy all parties. Originality/value To the best of the author’s knowledge, there is no similar research done to explore the level of web-based online financial reporting Disclosure (OFRD) in Islamic banking in Oman

Web-based Financial Reporting Disclosure: Evidence from Selected Banks in the Kingdom of Saudi Arabia (KSA)

Abstract With insights drawn from legitimacy theory undergirding perceived relative factors expected to influence the level of Web-Based Financial Reporting Disclosure (WBFRD), this paper sheds light on the level of the Web-Based Financial Reporting Disclosure (WBFRD) in selected banks in the KSA in 2017. Several gauges exist for measuring the level of transparency and disclosure practices. As a result of the unique characteristics of the banking sectors operating in the KSA under the Sharia-compliant (Islamic) law, however, the researcher eschewed employing Standard & Poor’s Transparency and Disclosure checklist. Accordingly, the researcher designed a 90-item index based on metrics identified in previous studies. The selected banks in the KSA evince a high level of Web-Based Financial Reporting Disclosure (WBFRD) on the order of 76%. Regression analysis indicates a positive association between the independent variables Bank Size, Bank age, and Profitability on one side, and the dependent variable Web-Based Financial Reporting Disclosure (WBFRD) on the other side.

The Effects of Local Government Size, Income per Capita, Local Government Wealth and Audit Opinion on the Quality of Internet Financial Reporting Disclosure: Studies in Indonesia

The Effects of Local Government Size, Income per Capita, Local Government Wealth and Audit Opinion on the Quality of Internet Financial Reporting Disclosure: Studies in Indonesia

Internet Financial Reporting (IFR) Disclosure Position and Firm Value

Nowadays, Internet Financial Reporting (IFR) disclosure is the global way to display firm performance to investors and stakeholders. Hence, it is imperative that firms properly manage their IFR disclosure to ensure their existence is conspicuous to the world in order to foster their firm value. We believe that i n order to manage IFR disclosure, firms would probably behave either ritualistically or opportunistically in terms of their IFR disclosure position. In t his study, we propose a quantitative measurement for the IFR disclosure position, i.e. utilizing IFR presentation score, taking into consideration latest IFR rules and regulations worldwide as well as relevant extant empirical studies . Based on a sample of 320 Malaysian listed firms in year 2012, o ur regression analysis shows that our quantitative measurement for the IFR disclosure position variable has a positive association with firm value. W e found that 87 firms, categorized as poor performing seems to manage their IFR disclosure position ritualistically. While 233 firms, categorized as well performing manage their IFR disclosure position opportunistically. Hence, our study provide circumstantial evidence that firms’ financial performance has a relationship with IFR disclosure position. In further analysis, our findings show that stakeholders seem to perceive ritualistic IFR disclosure’s position is empirically valid to value poor performing firms. However, stakeholders seem to negate the opportunistic IFR disclosure position in valuing well performing firms even though theoretically the opportunistic IFR disclosure position should be able to offer vast benefits that could enhance firms’ value. Our findings should be useful to firms and stakeholders likewise in making firms’ valuation taking into consideration the existence of firms’ financial performance and IFR disclosure position.

Audited Financial Reporting and Voluntary Disclosure of Corporate Social Responsibility (CSR) Reports

Audited Financial Reporting and Voluntary Disclosure of Corporate Social Responsibility (CSR) Reports

Unintentional Optimism in Financial Reporting and Voluntary Disclosure: The Intersection of Economics, Psychology, and Neuroscience

Unintentional Optimism in Financial Reporting and Voluntary Disclosure: The Intersection of Economics, Psychology, and Neuroscience

Internet Financial Reporting: A Comparative Study Of Private And Public Sector Companies In India

The degree of the internet financial reporting (IFR) sophistication differs from an international level, National level and company's level. In the current world of globalised economies environment, the Internet has wide spread as communication mode. Recently most of the companies have practicing to publish their financial results and other relevant information to business on the website. It has been practically observed that the companies information disclosure on their website mainly depends up on the competitors’ practices on disclosure and principles of Corporate. This paper studies the disclosure of IFR with comparative study of Indian public and private sector companies on the websites. 252 samples of companies with 217 private and 35 public companies has taken for the study. Internet Financial Reporting (IFR) disclosure index has been prepared and correlated with determinates of the companies to measure relationship IFR disclosure by the sample companies.

Financial Reporting Disclosures: Market and Regulatory Failures

The paper analyses the problems of financial reporting disclosures by public companies, particularly in the context of the apparent contradiction between widespread claims of information overload on the one hand and continuing claims from users that they do not receive all the information they need on the other. It identifies how both market failures and regulatory failures contribute to current problems and argues that there are fundamental problems of financial reporting disclosure that no market or regulatory solutions can entirely remove. The paper includes a brief survey of some of the key findings of empirical research on disclosure.

Financial Reporting Disclosure Practices: Particular Case of Fair Value Measurement

The financial reporting process involves an extremely complex relationship between accounting, regulators, and markets. As the 2010 International Accounting Standards Board’s Conceptual Framework for Financial Reporting emphasizes, the objective of general purpose financial reporting is to provide useful financial information about the reporting entity to existing and potential investors, lenders, and other creditors in making decisions about providing resources to the entity. Special status is automatically attributed to investors whose needs, due to their role in providing resources for the entity, must be addressed. The international accounting standard setter therefore admits to putting investors first among users of accounting information. Even when looking at other stakeholders, the purpose of the financial reporting process is to provide information that is useful for the decision making process. The term “accounting information” encompasses both quantitative and qualitative data. Sound corporate governance policies should therefore stimulate companies to present information that is useful when analyzed in relation to users’ needs. Despite sounding quite simple, this represents an objective which is not easy to achieve. Int Adv Econ Res (2014) 20:123–124 DOI 10.1007/s11294-013-9429-9