Disclosure items of internet financial reporting: Malaysian users perceptions

Abstract

This research examines disclosure practices on the web sites of companies listed on the Bursa Malaysia. The research analyses the issues of the current status on disclosure items of internet financial reporting (IFR) of the companies listed in Bursa Malaysia from the users perceptions. Based on a comprehensive review, the evaluation of IFR will be separated into two dimensions which are content dimension and presentation dimension. The disclosure items in the IFR disclosure index checklist are based on the perspective of users of corporate annual report. Content analysis is used to provide on IFR practices by 280 publicly traded firms. Based on the research findings, the level of IFR of Bursa Malaysia started from 56.55 to 86.21 percent. T he findings also showed that the overall level of IFR listed companies in Bursa Malaysia were considered good. These outcomes make an incremental contribution to the existing literature by providing useful insights into our knowledge of current practice of IFR especially for emerging markets like Malaysia. The implications of the research findings and future research have been discussed.