Internet Financial Reporting Adoption: Exploring the Influence of Board Role Performance and Isomorphic Forces

22 Pages Posted: 9 Dec 2019

See all articles by Juma Bananuka

Juma Bananuka

Makerere University

Sadress Night

Makerere University

Muhammed Ngoma

Makerere University

Grace Muganga Najjemba

Makerere University

Date Written: December 5, 2019

Abstract

Purpose – This study aims to examine the contribution of board role performance and isomorphic forces on internet financial reporting.

Design/methodology/approach – This study is cross-sectional and correlational. Data were collected through a questionnaire survey of 40 financial services firms. The study’s unit of analysis was a firm. Chief Internal Auditors and Chief Finance Officers were the study’s unit of inquiry. Data were analyzed through correlation coefficients and linear regression using Statistical Package for Social Sciences.

Findings – The results suggest that board role performance and isomorphic forces are significant predictors of internet financial reporting. However, board role performance is not a significant predictor of internet financial reporting in the presence of isomorphic forces. The control and strategic roles of the board are positively and significantly associated with internet financial reporting unlike the service role. Only the coercive isomorphism is positively and significantly associated with internet financial reporting unlike the normative and mimetic isomorphism.

Originality/value – This study provides initial empirical evidence on the contribution of board role performance and isomorphic forces on internet financial reporting using evidence from Uganda’s financial service firms. To the researcher’s knowledge, this is the first perception-based study on internet financial reporting.

Keywords: Internet financial reporting, Isomorphic forces

JEL Classification: C12, C21, C42, G1, G38

Suggested Citation

Bananuka, Juma and Night, Sadress and Ngoma, Muhammed and Najjemba, Grace Muganga, Internet Financial Reporting Adoption: Exploring the Influence of Board Role Performance and Isomorphic Forces (December 5, 2019). Journal of Economics, Finance & Administrative Science, Vol. 24, No. 48, 2019, Available at SSRN: https://ssrn.com/abstract=3499273

Juma Bananuka (Contact Author)

Makerere University ( email )

51 POOL ROAD
P.O BOX 7062
KAMPALA, CENTRAL 000256
Uganda

Sadress Night

Makerere University

P.O Box 7062
P.O BOX 7062
Kampala, CENTRAL 256
Uganda

Muhammed Ngoma

Makerere University

P.O Box 7062
P.O BOX 7062
Kampala, CENTRAL 256
Uganda

Grace Muganga Najjemba

Makerere University

P.O Box 7062
P.O BOX 7062
Kampala, CENTRAL 256
Uganda

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