Determinants of Internet Financial Disclosure in GCC Countries

  • Mohamed A. K. Basuony American University in Cairo
  • Ehab K. A. Mohamed German University in Cairo
DOI: https://doi.org/10.5296/ajfa.v6i1.5085

Abstract

The purpose of this paper is to examine the determinants and characteristics of voluntary internet disclosures by listed companies in Saudi Arabia and Oman. This paper uses archival data from listed companies on Tadawul Stock Exchange and Muscat Securities Market. Binary Logistic Regression analysis is used to examine the determinants of internet financial reporting. Mann-Whitney test is used to examine the differences in disclosure characteristics between the two countries. The results of this study reveal that firm size is the major influencing factor that impacts internet financial reporting. The results reveal that a number of disclosure characteristics that differ significantly between the two countries. The paper provides insights into corporate internet disclosures in the GCC countries that will benefit all stakeholders with an interest in corporate reporting in this important region of the world.

Author Biographies

Mohamed A. K. Basuony, American University in Cairo
Mohamed A. K. Basuony Is Assistant Professor of Accounting at the School of Business at the American University in Cairo. Prior to that, he worked at the German University in Cairo and Faculty of Commerce, Ain Shams University. He received both his Bachelor with honours and Master Degree from the same university. He obtained his Ph.D. degree from Brunel University in the UK. His work experience includes twenty years teaching undergraduates as well as post-graduates in Egypt and the UK. His areas of research are in performance management, balanced scorecard, management and strategic control, corporate governance, and corporate social responsibility.
Ehab K. A. Mohamed, German University in Cairo
Ehab K. A. Mohamed is Professor of Accounting at the German University in Cairo.  Prior to joining GUC he worked for 10 years at Sultan Qaboos University, Oman. He graduated from Cairo University and received his Master’s & Ph.D. from Cass Business School, London. He is a Fellow of the Chartered Institute of Internal Auditors, UK. His areas of research are in auditing, fraud, performance measurement, business education, financial reporting, and corporate governance. He has published a number of papers in international refereed journals and presented papers at numerous international conferences. He published two books on financial accounting and auditing.
Published
2014-03-05
Issue
Vol. 6 No. 1 (2014)
Section
Research Articles

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