Web-Based Corporate Reporting Practices in India

This study examines the use of Internet for corporate reporting in India. The study identifies the extent of Web-based financial and non-financial disclosures and its relationship with various company characteristics, which include size, profits, age, nature of industry, affiliation to business house, liquidity, ownership spread and leverage of Indian corporates. Internet Disclosure Index (IDI) is calculated to measure the type and extent of Web disclosure, using a sample of 200 companies. The study results indicate that industry sector, size of the company, and association with business house positively affect the extent of information disclosure on websites