A Study on the Relationship between Firm''s Characteristics and Website Information Disclosure

• Main Authors: Wen-Lin Huang, 黃文玲
• Other Authors: Kuo-Tay Chen
• Format: Others
• Language: zh-TW
• Published: 2004
• Online Access: http://ndltd.ncl.edu.tw/handle/14542287639962699360

碩士 === 國立臺灣大學 === 會計學研究所 === 92 === This study develops a measurement of information transparency at corporate website and uses it to investigate the association between firm''s characteristics and information disclosure at their websites. Differing from previous studies, this study considers not only the quantity but also the quality of information disclosure. In addition, factors of corporate governance and international finance policy are also included in the characteristics of firms. This study posits ten hypotheses about the relationship between corporate characteristics and website information disclosure. Multiple regression analysis is conducted to test these hypotheses. The result shows that statistically significant positive relationships exists between degree of information transparency and eight firm characteristics - size, profitability, leverage, industry, issuing securities abroad, issuing securities in US, intangible assets and institutional ownership. However, corporate governance variables, such as director ownership and outside directors are not significantly related to the information disclosure on corporate website.