Dutta, Probal and Bose, Sudipta (2007): Web-based Corporate Reporting in Bangladesh:An Exploratory Study. Published in: The Cost & Management , Vol. 35, No. 6 (January 2008): pp. 29-45.
Download (158kB) | Preview
This research paper investigates the utilization of the Internet for communicating corporate information by the listed companies of Bangladesh.The sample for the study consists of 268 companies listed on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). Corporate websites of the sample companies were browsed by using a standard web browser for collecting data relating to corporate reporting on the Internet. The study shows that web-based corporate reporting in Bangladesh is still in its infancy. Only 38.81 percent of 268 companies have a web. A scoring scheme has been developed to measure the level of on-line corporate reporting. A wide variation in the level of on-line corporate reporting across 15 sectors has been found. The highest-ranking sector was the Banking, Leasing & Finance sector. This paper adds to the existing body of literature on on-line corporate reporting studies by exploring on-line corporate reporting practices of Bangladesh.
|Item Type:||MPRA Paper|
|Original Title:||Web-based Corporate Reporting in Bangladesh:An Exploratory Study|
|Keywords:||Corporate Reporting, Corporate Websites, Content Analysis, Listed Companies, Internet, Bangladesh|
|Subjects:||M - Business Administration and Business Economics; Marketing; Accounting > M1 - Business Administration > M14 - Corporate Culture; Social Responsibility
M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing > M41 - Accounting
M - Business Administration and Business Economics; Marketing; Accounting > M1 - Business Administration
M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing > M40 - General
M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing
M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing > M49 - Other
|Depositing User:||Sudipta Bose|
|Date Deposited:||25. Mar 2008 09:29|
|Last Modified:||11. Feb 2013 22:09|
Andrikopoulos, A. and N. Diakidis (2007), “Financial reporting practices on the internet: the case of companies listed in the Cyprus Stock Exchange,” available at: http://ssrn.com/abstract=999183 (access on 21.09.2007).
Ashbaugh, H., K. M. Johnstone and T. D. Warfield(1999), “Corporate reporting on the Internet,” Accounting Horizons,13(3): 241- 257.
ASSC (1975), “The Corporate Report,” Discussion Paper-Accounting Standards Steering Committee: London.
Brennan, N. and D. Hourigan (1998), “Corporate reporting on the Internet by Irish companies,” Accountancy Ireland, December, 30(6):18, 20- 21.
Brennan, N. and S. Kelly (2000), “Use of the Internet by Irish Companies for Investor Relations Purposes,” Irish Business and Administrative Research, 21(2):107-135.
Budd, R. W., R. K. Thorp and L. Donohew (1967), Content Analysis of Communications (New York: Macmillan).
Bury, L. (1999), “On Line and on Time,” Accountancy, 28-29.
Cerf, A. R. (1961), Corporate Reporting and Investment Decision (Berkeley, CA: University of California Press).
Craven, B. M. and C. L. Marston (1999), “Financial reporting on the Internet by leading UK companies,” European Accounting Review, 8 (2): 321- 333.
Debreceny, R., G. L. Gray, and A. Rahman (2002), “The Determinants of Internet Financial Reporting,” Journal of Accounting and Public Policy, 21: 371-394.
Deller, D., M. Strubenrath and C. Weber (1999), “A survey on the use of the Internet for investor relations in the USA, the UK and Germany,” European Accounting Review, 8(2): 351- 364.
Dutta, P and S. Bose (2007), “Corporate Social and Environmental Reporting on Corporate Websites: A Study on Listed Companies of Bangladesh”, The Cost & Management, 35(4):31-49.
Ettredge, M., V. J. Richardson and S. Scholz (2001), “The Presentation of Financial Information at Corporate Web Sites,”International Journal of Accounting Information Systems, 2(3): 149-168.
FASB (2000), “Business Reporting Research Project. Electronic distribution of business reporting information,” Steering Committee Report Series, available at: http://www.fasb.org/news/memorandum.pdf.(accessed on 31 July 2007).
Geerlings, J., L. Bollen and H. Hassink (2003), “Investor Relations on the Internet: A Survey of the Euronext Zone,” European Accounting Review, 12(3): 567-579.
Gowthorpe, C. and O. Amat (1999), “External reporting of accounting and financial information via the Internet in Spain”,European Accounting Review, 8(2): 365 -371.
Gray, G. and R. Debreceny (1997), “Corporate Reporting on the Internet: Opportunities and Challenges,” Paper Presented at Seventh Asian-Pacific Conference on International Accounting Issues, Bangkok.
Hedlin, P. (1999), “The Internet as a vehicle for investor relations: The Swedish case,” European Accounting Review, 8(2):373- 381.
Khadaroo, M. I. (2005), “Business reporting on the internet in Malaysia and Singapore - A comparative study,” Corporate Communications: An International Journal, 10(1): 58-68.