Users’ Perceptions on Internet Financial Reporting Practices in Emerging Markets: Evidence from Jordan

Al‐Htaybat, Khaldoon; Alberti‐Alhtaybat, Larissa von; Hutaibat, Khaled

doi:10.5539/ijbm.v6n9p170

Cited by 28 publications

(31 citation statements)

References 49 publications

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“…For only those companies that have such a website, an ordinary least squares regression (OLS) is then used to explore the hypotheses with respect to the level of disclosure. Both models take the form: [5] . EN = equity Need; 1 if company raised its capital during 2006, 0 otherwise.…”

Section: The Regression Modelmentioning

confidence: 99%

“…[4] The Stock Exchange discloses significant shareholdings only. [5] In the sample set all companies belonging to the "Banking" industry have a website so this variable perfectly predicts the dependent variable in regression analysis. The "Banking" and "Insurance" industries are therefore combined in the analysis to form a "Financials" industry variable.…”

Section: Notesmentioning

confidence: 99%

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The Determinants Of Web-Based Investor Relations Activities By Companies Operating In Emerging Economies: The Case Of Jordan

Roberts

Abughazaleh

Qasim

2012

JABR

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Using a multi-theoretical approach, this study seeks to examine the determinants of corporate web-based investor relations (IR) activities for companies listed on Amman Stock Exchange. Jordan provides an interesting context to pursue the objectives of this study because it provides insights into how listed companies are voluntarily responding to recent government and financial market regulators' initiatives to encourage the use of the internet and to keep financial market participants informed about corporate activities. A survey analysis is conducted to examine online reporting practices of Jordanian listed companies. The explanatory analysis relies on logistic, ranked and normal scores ordinary least squares (OLS) regression analyses and identifies ten explanatory variables that may affect the existence and level of web-based IR INTRODUCTIONhe Hashemite Kingdom of Jordan is a developing middle-income country with few natural resources, but a highly educated workforce. After he came to power in 1999, King Abdullah II started to promote the idea that information and communication technology (ICT) can be used as a means of development and providing an exceptional opportunity for the country to ensure a favourable place in the international economy (Al-Jaghoub and Westrup, 2003). In response, a number of major ICT based initiatives were launched with the aim of transforming the country to e-Jordan (REACH, 2000;Ciborra and Navarra, 2005). For example, the government launched new programmes such as the E-Government programme and Education Initiative which included modernising and computerising the education process.The Ministry of Information and Communication Technology (MoICT) was also established in 2002 as the governmental organisation responsible for articulating policies in the areas of information technology (IT), telecommunications, and post. The Ministry"s agenda started with the "Connecting Jordanians" vision with the aspiration of creating a knowledge-based economy and wider access to information to communities, businesses, and families across the Kingdom. 210 © 2012 The Clute InstituteIn response to these initiatives, internet usage has grown rapidly from 127,300 users in 2000, or a penetration rate of 2.4% of the population, to 1,500,500 or 23.7% of the population in 2009 [1] . This makes Jordan the sixth highest user among the Arab Middle Eastern countries. The financial market has also made information availability and transparency the first priority and, in parallel to these moves to increase the use of the internet, the government has been actively attempting to attract foreign investments to the Kingdom. This has resulted in a high level of international investment in the country so that by 2008,46.6% of the Amman Stock Exchange was owned by non-Jordanians.The presence of the internet as a unique channel for disseminating up-to-date information of any type and any format as well as the ability of the internet to make this information available for anyone who has online access, regardless ...

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Section: The Regression Modelmentioning

confidence: 99%

Section: Notesmentioning

confidence: 99%

The Determinants Of Web-Based Investor Relations Activities By Companies Operating In Emerging Economies: The Case Of Jordan

Roberts

Abughazaleh

Qasim

2012

JABR

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“…Even though this Act required Jordanian companies to prepare their financial statements in accordance with GAAP, it did not specify which GAAP was to be used (Al-Akra et al, 2010;Al-Htaybat et al, 2011 procedures for foreign investments in the Kingdom, and it enabled investor queries to be dealt with promptly. Prior studies have concluded that these regulatory changes have shifted the legal framework in Jordan towards a common law system that protects the rights of investors and promotes the role of the equity capital market, as well as foreign investments, as a source of corporate funding (Al-Akra et al, 2010;Al-Htaybat et al, 2011;Haddad et al, 2017).…”

Section: Jordanmentioning

confidence: 99%

The extent of segmental reporting and its value relevance: cross-country evidence

Mardini

Tahat

Power

2018

JAEE

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Purpose -The current study examines the extent of segmental reporting disclosure and its value relevance to a sample of Qatari and Jordanian listed companies following the implementation review of the International Financial Reporting Standard (IFRS) 8. This was the first standard to be subjected to a post-implementation review. Annual reports are initially analysed to investigate the level of segmental information that was published by companies in these two countries.Methodology -Using the Ohlson (1995) model, the study employs regression analysis to test hypotheses relating to the value relevance of the segmental disclosures uncovered. In addition, One-Way ANOVA and Kruskal-Wallis tests are used to investigate any variation in segmental reporting among sectors. Originality/Value -This paper is one of the few to provide empirical evidence on the role of segmental reporting following the post implementation review that was conducted for IFRS 8. Findings -

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“…Kepentingan kajian ini disokong oleh ulasan karya lepas yang mendapati kajian yang mengambil kira pandangan pengguna penyata kewangan berkaitan PKMI masih kurang dipelopori (Al-Htaybat et al, 2011;Ali Khan & Ismail, 2012c). Pandangan pengguna penyata kewangan diperlukan dalam kajian ini kerana mereka terdedah dengan maklumat perakaunan dan mempunyai pengetahuan serta kemahiran untuk menggunakan maklumat yang terkandung dalam laporan tahunan (Mohd Isa, 2006) dan kumpulan pengguna memerlukan sumber maklumat bagi proses pembuatan keputusan (Al-Htaybat et al, 2011). Justeru, objektif kajian ini untuk mendapatkan bukti empirikal tentang sejauhmana kepentingan item pelaporan berdasarkan pandangan pengguna penyata kewangan yang boleh digunakan untuk menerangkan tahap PKMI dalam kalangan syarikat yang tersenarai di Bursa Malaysia.…”

Section: 10 Pengenalanunclassified

Pandangan Pengguna Penyata Kewangan terhadap Kepentingan Item di dalam Indeks Pelaporan Kewangan Menerusi Internet di Malaysia

Khan

Ismail

2013

Jurnal Teknologi

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This study investigates the perceptions of users of financial statement regarding the importance of items in indices of internet financial reporting (IFR). This study adopts the questionnaire survey method in order to seek the view of users of financial statement, particularly on the importance of items that to be included in the checklist of IFR indices. From a comprehensive review of the IFR literature, the level of IFR in this study can be categorized into two dimensions namely the ‘content’ and ‘presentation’. The findings show that the five most important items which are income statement of current year, cash flow statement of current year, balance sheet of current year, annual report of current year (full text), and auditor report of current year can explain the dimension of content. Meanwhile, the five most important items for the dimension of presentation which are annual report in PDF format, loading time of the website, link to homepage, hyperlinks inside the annual report, and link to table of contents. Results of the study also provide empirical evidence that 144 disclosure items can be used for the checklist of IFR indices to measure the level of IFR. The finding provides an insight into the IFR practice in Malaysia. Implications of these findings and future research directions are also discussed in this study.

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