The impact corporate governance on internet financial reporting: empirical evidence from Palestine
Date
2020-11-23
Authors
Barakat, Firas S. Q.
Perez, Victoria Lopez
Ariza, Lázaro Rodríguez
Barghouthi, Orobah Ali
Islam, K. M. Anwarul
Journal Title
Journal ISSN
Volume Title
Publisher
CRIBFB, USA
Abstract
The current research investigates whether the difference in the Internet Financial Reporting
standard is clarified by corporate governance. A study was carried out on a selection of 48
companies listed on the 2019 Palestine Stock Exchange. An index was also selected from several
previous studies to assess the standard of Internet financial reporting. One of the first analytical
researches to investigate the relationship between corporate governance and Internet Financial
Reporting in Palestine is the latest analysis. Firstly, the scope of disclosure of Internet Financial
Reporting in Palestinian businesses appears to be limited. Second, the educational history of
boards is greatly related to Internet Financial Reporting. Nevertheless, the board independence
coefficient and board audit committee are negligible. Thirdly, an important element in
strengthening internet financial reporting standards is a broad audit company. Fourthly, there is
a strong positive correlation between the concentration of ownership and financial reporting on
the Internet. Companies mainly held by stakeholders are more likely to reveal internet data and
to strengthen the reports released. Finally, profitability and market capitalization have a direct
connection with Internet Financial Reporting, and Internet Financial Reporting does not justify
the composition of the board, board meetings, international investors, and business size.
Description
Keywords
Corporate Governance , Ownership Structure , Internet Financial Reporting , Palestine , Developing Countries