The Dissemination of Firm Information via Company Register Websites: Country-Level Empirical Evidence

67 Pages Posted: 20 Jun 2019

See all articles by Devrimi Kaya

Devrimi Kaya

Ruhr University of Bochum

Andreas Seebeck

affiliation not provided to SSRN

Date Written: June 14, 2019

Abstract

In response to current regulatory initiatives which aim to foster information acquisition and processing across countries, we develop an index model (CR-score) designed to capture the extent of regulated firm information disseminated via company register (CR) websites. In a unique sample of 137 countries, we find consistent evidence that countries with a relatively high level of Internet penetration, those that facilitate cross-border trading, and those with higher governance quality show higher CR-scores. Our findings are robust to several additional tests, including amendments of the index model, the independent variables, and the sample composition. The results are generally in line with theories of regulation and should be of particular interest to regulators and standard setters.

Keywords: company register, firm data dissemination, public interest, regulation, open data

JEL Classification: M41, M42, M48, G18

Suggested Citation

Kaya, Devrimi and Seebeck, Andreas, The Dissemination of Firm Information via Company Register Websites: Country-Level Empirical Evidence (June 14, 2019). Available at SSRN: https://ssrn.com/abstract=3404089 or http://dx.doi.org/10.2139/ssrn.3404089

Devrimi Kaya (Contact Author)

Ruhr University of Bochum ( email )

Faculty of Management and Economics
Bochum, 44801
Germany

Andreas Seebeck

affiliation not provided to SSRN

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