Internet Financial Reporting: A Comparative Study Of Private And Public Sector Companies In India

The degree of the internet financial reporting (IFR) sophistication differs from an international level, National level and company's level. In the current world of globalised economies environment, the Internet has wide spread as communication mode. Recently most of the companies have practicing to publish their financial results and other relevant information to business on the website. It has been practically observed that the companies information disclosure on their website mainly depends up on the competitors’ practices on disclosure and principles of Corporate. This paper studies the disclosure of IFR with comparative study of Indian public and private sector companies on the websites. 252 samples of companies with 217 private and 35 public companies has taken for the study. Internet Financial Reporting (IFR) disclosure index has been prepared and correlated with determinates of the companies to measure relationship IFR disclosure by the sample companies.