Proceedings of the 6th International Accounting Conference (IAC 2017)

The Impact of Internet Financial Reporting Practices on the Company's Market Value: A Study of Listed Manufacturing Companies in Indonesia

Authors
Adityawarman Adityawarman, T.B.M Yusuf Khudri
Corresponding Author
Adityawarman Adityawarman
Available Online August 2017.
DOI
https://doi.org/10.2991/iac-17.2018.9How to use a DOI?
Keywords
Internet Financial Reporting, Market Value
Abstract

This research aims to examine the impact of Internet Financial Reporting (IFR) practices on the market value of Indonesian manufacturing companies’ listed on the Indonesia Stock Exchange between 2015 and 2016. This research examines how information available on company websites affects a firm’s market value based on efficient market hypotheses, agency theory, and signaling theory. Using 79 firms as the research sample, this research finds empirical evidence that IFR practices have a strong positive relationship to market values over the research period. Overall, the results indicate that investors value IFR information as a source for making equity pricing decisions. The results have implications for both national regulators and entities regarding the importance of information openness.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Accounting Conference (IAC 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
August 2017
ISBN
978-94-6252-519-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/iac-17.2018.9How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Adityawarman Adityawarman
AU  - T.B.M Yusuf Khudri
PY  - 2017/08
DA  - 2017/08
TI  - The Impact of Internet Financial Reporting Practices on the Company's Market Value: A Study of Listed Manufacturing Companies in Indonesia
BT  - Proceedings of the 6th International Accounting Conference (IAC 2017)
PB  - Atlantis Press
SP  - 48
EP  - 53
SN  - 2352-5428
UR  - https://doi.org/10.2991/iac-17.2018.9
DO  - https://doi.org/10.2991/iac-17.2018.9
ID  - Adityawarman2017/08
ER  -