A Study of Impact of Financial Performance on Disclosure of Financial Information through the Internet in Iran

Abstract

In present study, we examine the relationships between financial performance (FF) and Disclosure of financial information through the Internet (DFII) of the listed companies on the Tehran Stock Exchange (TSE). Data were gathered from the audited financial statements of the firms provided by TSE’s website from 2010 to 2015. The results of multiple linear regression analysis show that financial performance; including (Return on Investment, financial leverage, firm size, Earnings per share, Return on sales) have significant effects on Disclosure of financial information through the Internet. There is a no significant relationship between Return on equity, and Disclosure of financial information through the Internet. However, the results of fuzzy regression analysis indicate significant relationships between the DFII and all the independent variables except Return on equity.

Keywords: financial performance, DFII, Return on equity, Return on Investment regression, Earnings per share.

JEL classification: G31, G34, M41, M48.