Investigation of Factors Influencing Voluntary Disclousure of Financial Information on The Internet by Indonesian Companies

Dody Hapsoro (STIE YKPN Yogyakarta)

The Indonesian Journal of Accounting Research
Vol 12, No 3 (2009): IJAR September 2009

The digital age has produced a dramatic shift in the corporate communication paradigm. As a result, companies increasingly use the internet (website) as an investor relations medium and a vehicle to disseminate financial information to capital markets. This paper investigates factors influencing voluntary disclosure of financial information on the internet by Indonesian companies. Cross-sectional analyses based on 50 companies listed on the Indonesia Stock Exchange in 2005 suggest that firm size and firm profitability are related with higher levels of voluntary financial information disclosure on corporate website.