Akademik Veri Yönetim Sistemi
Problems and Perspectives in Management, cilt.4, sa.3, ss.100-133, 2006 (Scopus)
The main purpose of our study is to analyze the impact of firm characteristics on the web based business reporting practices of the companies listed in Turkey. Relevant literature associating these two variables have mostly conducted empirical research in the developed countries. Contrary to the common approach, this study focuses on the financial market of a developing country and examines the association between the web based business reporting and the firm specific characteristics. Our sample included 253 firms listed on the Istanbul Stock Exchange [ISE] (among which, there are no investment partnerships). In order to determine the disclosure levels of the web-based information, total and financial disclosure indexes have been constructed and, referring to the relevant literature, firm characteristics are determined to measure their potential impacts on the extent of information disseminated by ISE firms on their web sites. According to our results, size, industry classification and internalization could be used to explain level of information disclosed by the firms. Technology, risk and profitability are important factors for the Total Disclosure Index but not for the Financial Disclosure Index. Ownership structure, institutional investors and intangibles are the independent variables, which have not any significant association with the web-based disclosure behavior. © Orhan Celik, Alaattin Ecer, Hakan Karabacak, 2006.