IDEAS home Printed from https://ideas.repec.org/a/wly/isacfm/v31y2024i2ne1550.html
   My bibliography  Save this article

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

Author

Listed:
  • Diyah Probowulan
  • Ardianto Ardianto

Abstract

The 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.

Suggested Citation

  • Diyah Probowulan & Ardianto Ardianto, 2024. "Internet financial reporting disclosure index of e‐commerce businesses on social media," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 31(2), June.
    • Handle: RePEc:wly:isacfm:v:31:y:2024:i:2:n:e1550
    DOI: 10.1002/isaf.1550
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/isaf.1550
    Download Restriction: no
    File URL: https://libkey.io/10.1002/isaf.1550?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mohammed M. Yassin, 2017. "The determinants of internet financial reporting in Jordan: financial versus corporate governance," International Journal of Business Information Systems, Inderscience Enterprises Ltd, vol. 25(4), pages 526-556.
    2. Irene Bertschek & Helmut Fryges & Ulrich Kaiser, 2006. "B2B or Not to Be: Does B2B E-Commerce Increase Labour Productivity?," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 13(3), pages 387-405.
    3. Mohamed A. Omran & Dinesh Ramdhony, 2016. "Determinants Of Internet Financial Reporting In African Markets: The Case Of Mauritius," Journal of Developing Areas, Tennessee State University, College of Business, vol. 50(4), pages 1-18, October-D.
    4. Mine Aksoy & Mustafa Kemal Yilmaz & Nuraydin Topcu & Özgür Uysal, 2021. "The impact of ownership structure, board attributes and XBRL mandate on timeliness of financial reporting: evidence from Turkey," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 22(4), pages 706-731, April.
    5. Debreceny, Roger & Gray, Glen L. & Rahman, Asheq, 2002. "The determinants of Internet financial reporting," Journal of Accounting and Public Policy, Elsevier, vol. 21(4-5), pages 371-394.
    6. Munther T. Momany & Husam-Aldin N. Al-Malkawi & Ebrahim A. Mahdy, 2014. "Internet financial reporting in an emerging economy: evidence from Jordan," Journal of Accounting in Emerging Economies, Emerald Group Publishing Limited, vol. 4(2), pages 158-174, July.
    7. Mostafa Kamal Hassan, 2012. "A disclosure index to measure the extent of corporate governance reporting by UAE listed corporations," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 10(1), pages 4-33, June.
    8. Mahade Hasan & Shah Md Taha Islam, 2021. "Exploring the link between institutional pressures and the timeliness of corporate internet reporting: the case of an emerging economy," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 21(2), pages 464-485, October.
    9. Hela Borgi & Vincent Tawiah, 2022. "Determinants of eXtensible business reporting language adoption: an institutional perspective," International Journal of Accounting & Information Management, Emerald Group Publishing Limited, vol. 30(3), pages 352-371, March.
    10. Cade, Nicole L., 2018. "Corporate social media: How two-way disclosure channels influence investors," Accounting, Organizations and Society, Elsevier, vol. 68, pages 63-79.
    11. Amani Hussein & Ghadir Nounou, 2021. "The impact of internet financial reporting on Egyptian company’s performance," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 20(5), pages 841-865, October.
    12. Juma Bananuka, 2019. "Intellectual capital, isomorphic forces and internet financial reporting," Journal of Economic and Administrative Sciences, Emerald Group Publishing Limited, vol. 36(2), pages 111-134, June.
    13. Peter Oyelere & Nirosh Kuruppu, 2012. "Voluntary internet financial reporting practices of listed companies in the United Arab Emirates," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 13(3), pages 298-315, November.
    14. Lijun (Gillian) Lei & Yutao Li & Yan Luo, 2019. "Production and dissemination of corporate information in social media: A review," Journal of Accounting Literature, Emerald Group Publishing Limited, vol. 42(1), pages 29-43, February.
    15. J. Geerings & L. H. H. Bollen & H. F. D. Hassink, 2003. "Investor relations on the Internet: a survey of the Euronext zone," European Accounting Review, Taylor & Francis Journals, vol. 12(3), pages 567-579.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wafa Sassi & Hakim Ben Othman & Khaled Hussainey, 2023. "The determinants of eXtensible Business Reporting Language (XBRL) adoption : a cross-country study," Post-Print hal-04191489, HAL.
    2. Helmi A. Boshnak, 2021. "Internet Financial Reporting Practices in Saudi Arabia," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(9), pages 1-15, July.
    3. Wafa Sassi & Hakim Ben Othman & Khaled Hussainey, 2024. "The determinants of eXtensible Business Reporting Language (XBRL) adoption: a cross-country study," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 21(2), pages 175-192, June.
    4. Nerantzidis, Michail & Tampakoudis, Ioannis & She, Chaoyuan, 2024. "Social media in accounting research: A review and future research agenda," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 54(C).
    5. Spanos, Loukas & Mylonakis, John, 2006. "Internet corporate reporting in Greece," MPRA Paper 42997, University Library of Munich, Germany.
    6. Erica E. Harris & Daniel G. Neely & Gregory D. Saxton, 2023. "Social media, signaling, and donations: testing the financial returns on nonprofits’ social media investment," Review of Accounting Studies, Springer, vol. 28(2), pages 658-688, June.
    7. Sharifah Milda Amirul & Noor Ismawati Jaafar & Anna Azriati Che Azmi, 2022. "Two decades of XBRL: a science mapping of research trends and future research agenda," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(4), pages 2301-2324, August.
    8. Raf Orens & Walter Aerts & Denis Cormier, 2010. "Web‐Based Non‐Financial Disclosure and Cost of Finance," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(9‐10), pages 1057-1093, November.
    9. Sarra Elleuch Hamza & Mouna Ben Ahmed Hedrich, 2008. "Les déterminants de la divulgation des informations financières via Internet adoptée par les entreprises tunisiennes : une démarche qualitative et quantitative," Post-Print halshs-00524888, HAL.
    10. Ivica Pervan, 2009. "Trends of Voluntary Internet Reporting in Croatia: Analysis for the Period 2005 - 2007," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 5, pages 617-625.
    11. Lei, Lijun (Gillian) & Li, Yutao & Luo, Yan, 2019. "Production and dissemination of corporate information in social media: A review," Journal of Accounting Literature, Elsevier, vol. 42(C), pages 29-43.
    12. Dutta, Probal & Bose, Sudipta, 2007. "Web-based Corporate Reporting in Bangladesh:An Exploratory Study," MPRA Paper 7915, University Library of Munich, Germany.
    13. Ivica Pervan, 2006. "Voluntary financial reporting on the internet – analysis of the practice of Croatian and Slovene listed joint stock companies," Financial Theory and Practice, Institute of Public Finance, vol. 30(1), pages 1-27.
    14. Mohammed S. Albarrak & Ngan Duong Cao & Aly Salama & Abdullah A. Aljughaiman, 2023. "Twitter carbon information and cost of equity: the moderating role of environmental performance," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(3), pages 693-718, September.
    15. Ya Sun & Gongyuan Wang & Haiying Feng, 2021. "Linguistic Studies on Social Media: A Bibliometric Analysis," SAGE Open, , vol. 11(3), pages 21582440211, September.
    16. Raminder Kaur Bhatia & Prabhnoor Singh, 2024. "Relationship Between Bank-Specific Characteristics and Web-Based Disclosures of the Commercial Banks in India," Jindal Journal of Business Research, , vol. 13(1), pages 7-29, June.
    17. Sarbu Miruna, 2017. "Does Social Media Increase Labour Productivity?," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 237(2), pages 81-113, April.
    18. Derya Fındık & Aysıt Tansel, 2013. "Intangible investment and Technical efficiency: The case of software-intensive manufacturing firms in Turkey," EY International Congress on Economics I (EYC2013), October 24-25, 2013, Ankara, Turkey 235, Ekonomik Yaklasim Association.
    19. Mohd Noor Azli, 2013. "A Study of Various Aspects of Internet Financial Reporting: A Case of Malaysian Auditors," Information Management and Business Review, AMH International, vol. 5(6), pages 278-291.
    20. Caner Dincer & Banu Dincer, 2010. "An investigation of Turkish small and medium‐sized enterprises online CSR communication," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 6(2), pages 197-207, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:isacfm:v:31:y:2024:i:2:n:e1550. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.interscience.wiley.com/jpages/1099-1174/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.