Internet Financial and Environmental Disclosures by Malaysian Companies

Abstract

This paper investigates whether determinants of financial disclosure are similar to environmentaldisclosure through the Internet. In other words, this paper examines the relationshipbetween Internet financial disclosure (IFD), Internet environmental disclosures (IED) and sixvariables, namely, ethnic of chief executive officer (CEO), leverage, level of technology, listingstatus, profitability, and firm size. Six hypotheses formulated in this study were analyzed usingdata collected from the websites of 189 Malaysian listed companies in 2006. The results indicatethat level of technology, ethnic of CEO and firm size are significant factors in explainingboth IFD and IED. It is also observed that listing status is positively related to the level of IFDbut not IED. On the other hand, profitability is significant factor in explaining the level of IEDbut not IFD. Finally, leverage is not significantly related to both IFD and IED. Copyright © www.iiste.org