Corporate Internet Reporting Practice in Developing Economies: Evidence from Bangladesh

Cost & Management, Vol. 35, No. 5, 2007

17 Pages Posted: 9 Jul 2009

See all articles by Md. Hamid Ullah Bhuiyan

Md. Hamid Ullah Bhuiyan

University of Dhaka - Department of Accounting and Information Systems

Pallab Kumar Biswas

University of Otago

Suman Paul Chowdhury

BRAC University

Date Written: September-October 2007

Abstract

Internet reporting is a recent phenomenon in Bangladesh. This paper investigates the internet corporate reporting practices of listed companies in Bangladesh. For this study, an Internet Disclosure Index (IDI) of 54 items is constructed, which incorporates content and presentation criteria. A total of 93 corporate websites under various sectors are screened, and both partial and aggregates scores were produced. The mean IDI score is 21.33 with standard deviation of 12.89. The disclosure ranges from 5.56 to 51.85. Hypothesis test results show that significant difference exists in the average IDI among the sectors. The results show that Bangladeshi companies have a lot of work to do in order to enhance the investor relations activities on the internet. Still now no company under Food & Allied sector provides any internet disclosure. As more and more people of Bangladesh are connecting themselves to the Internet, companies are expected to change their internet reporting practices, in terms of both content and disclosure.

Keywords: Corporate Internet Reporting (CIR); Investor Relations; Content Disclosure, Presentation Format.

JEL Classification: G39

Suggested Citation

Bhuiyan, Md. Hamid Ullah and Biswas, Pallab Kumar and Chowdhury, Suman Paul, Corporate Internet Reporting Practice in Developing Economies: Evidence from Bangladesh (September-October 2007). Cost & Management, Vol. 35, No. 5, 2007. Available at SSRN: https://ssrn.com/abstract=1430004

Md. Hamid Ullah Bhuiyan

University of Dhaka - Department of Accounting and Information Systems ( email )

University of Dhaka
Ramna, Dhaka, 1000
Bangladesh

Pallab Kumar Biswas (Contact Author)

University of Otago ( email )

P.O. Box 56
Dunedin, Otago 9010
New Zealand
+64 3 679 8108 (Phone)

Suman Paul Chowdhury

BRAC University ( email )

66 Mohakhali C/A
Dhaka 1212 Bangladesh
Dhaka, 1212
Bangladesh

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