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Internet Financial Disclosure: Evidence From Saudi Arabia And Oman

Author

Listed:
  • Mohamed A. K. Basuony
  • Ehab K. A. Mohamed

Abstract

The purpose of this paper is to examine the nature and characteristics of voluntary internet disclosures by listed companies in Saudi Arabia and Oman. This paper uses archival data from listed companies on Tadawul Stock Exchange and Muscat Securities Market. Mann-Whitney test is used to examine the differences in disclosure characteristics between the two countries. The results reveal that a number of disclosure characteristics that differ significantly between the two countries. Also, this study finds that practices of internet financial disclosure in Saudi Arabia are much better than those in Oman. The paper provides insights into corporate internet disclosures in the GCC countries that will benefit all stakeholders with an interest in corporate reporting in this important region of the world.

Suggested Citation

  • Mohamed A. K. Basuony & Ehab K. A. Mohamed, 2014. "Internet Financial Disclosure: Evidence From Saudi Arabia And Oman," Accounting & Taxation, The Institute for Business and Finance Research, vol. 6(2), pages 59-69.
    • Handle: RePEc:ibf:acttax:v:6:y:2014:i:2:p:59-69
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    References listed on IDEAS

    as
    1. Catherine Gowthorpe & Oriol Amat, 1999. "External reporting of accounting and financial information via the Internet in Spain," European Accounting Review, Taylor & Francis Journals, vol. 8(2), pages 365-371.
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    More about this item

    Keywords

    Internet; Financial Reporting; Disclosure; Saudi Arabia; Oman; GCC;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

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