A Study of Corporate Web-Based Reporting in Hotel Industry

Abstract

This study investigates the web-based reporting of Indian hotel industry and analyzes the pattern and determinants influencing the web-based reporting. Content analysis has been carried out for exploring dissemination of web-based reporting. The web based reporting is captured via general (162 parameters), financial (117 parameters) and presentation (24 parameters) indices. Ordinary least square regression technique has been deployed to establish the association between web-based reporting and the various determinants. Results revels that web-based reporting is significantly related to the size, liquidity, profitability and productivity of the hotels. Information symmetry and online reporting via internet technology facilitate various stakeholders.

The Factors Affecting Internet Financial Reporting Application in Indonesian Listed Manufacturing Company

“…This is in line with the research conducted by [12] and [16]. In contrast to the research conducted by [4], [14], [17], and [18], which show that leverage has no significant effect on the application of the IFR. Based on the description above, the second hypothesis of this study is:…”

“…The results obtained show that only leverage and profitability have an influence on the application of the IFR to companies listed on the Turkish Stock Exchange. [4] use profitability and leverage as independent variables and examine the effect on IFR on hotel industry companies. The results obtained show that only profitability has an influence on the implementation of the IFR in hotel industry companies.…”

Web-Based Integrated CSR Reporting: An Empirical Analysis

“…According to the a priori principle, an extensive list of items, i.e. information content, was compiled before starting the analysis, based on the existing literature (Xiao et al, 2004;Jose & Lee, 2007;Aly et al, 2010;Elsayed et al, 2010;Sushila & Amol, 2016) and the most important frameworks concerning CSR, sustainability and the disclosure of environmental, social and governance information (GBS, 2001;OECD, 2011;UNGC, 2015;Global Reporting Initiative, 2016). This list of items was initially tested on a small number of websites.…”

“…In recent years, the Internet has become increasingly important for the dissemination of financial and non-financial information, thanks to the wide range of advantages it provides to both companies and their publics (Lambin, 2014). The Internet has global reach and is versatile, dynamic, interactive, speedy and decentralised (Xiao et al, 2004); moreover, it mixes multiple media, including text, audio, graphics, animation and video (Weare & Lin, 2000;Sushila & Amol, 2016) and permits the transfer of complete and timely information (Aly et al, 2010).…”

“…it is a cheap but powerful means of communication (Beattie & Pratt, 2003;Khan & Ismal, 2012): it eliminates both technological and cost constraints on the amount of information disclosed, thereby reducing information asymmetry not only between the company's insiders (typically, directors and managers) and external stakeholders, but also between domestic and foreign investors (Debreceny et al, 2002); it enables companies to divulge information to a much wider variety of stakeholders (Oyelere & Kuruppu, 2016), without geographical boundaries (Aly et al, 2010) and on a real-time basis; particularly, small investors and professional analysts use the Internet as their main source of information (Sushila & Amol, 2016); it replaces, or at least supplements, static with dynamic information (Sushila & Amol, 2016); it makes it easier to collect data from a single source (Sushila & Amol, 2016); it enables companies to archive historical information (Elsayed et al, 2010), which remains available to stakeholders for many years; it allows companies to customise information (Unerman & Bennett, 2004); it provides rapid access to specific content meeting the stakeholders' information needs and preferences (Elsayed et al, 2010), by making use of pulldown menus, hyperlinks and search facilities (e.g. website map and search engine) (Oyelere & Kuruppu, 2016); it supports stakeholder engagement based on online dialogue (Elsayed et al, 2010;Rogate, 2017), which can be conducted within Internet-based communities, such as corporate forums arranged in the company's website.…”