This research paper examines the extent of compliance of web-based corporate disclosure with the requirements of Indian Accounting Standards (AS). The online annual reports were available for 132 companies, out of the total sample of 200 companies and these were studied for their compliance to AS. A worksheet has been prepared to determine disclosure score known as Accounting Standards Disclosure Index (ASDI). The relationship between accounting standards disclosure index and company characteristics including nature of industry, affiliation to business house, age, size, profitability, liquidity, ownership and leverage has been studied. Results reveal that relationship between industry sector, affiliation with business house and profitability of company with accounting standards disclosure index is significant.
AhmedH. (2005), “Corporate Voluntary Reporting Practices in India”, The Cost and Management, Vol. 33 (5), pp. 73–79.
2.
ArrunadaBenito (2008), “Mandatory Accounting Disclosure by Small Private Companies”, UPF Economics & Business Working Paper No. 1090. [Available at SSRN: http://ssrn.com/abstract=1141905].
3.
AshbaughH.JohnstoneK. M.WarfieldT. D. (1999), “Corporate reporting on the Internet”, Accounting Horizons, Vol. 13 (3). pp. 241–257.
4.
BajpayeeH. S.SrivastavaAnubha, (2009), “A Review of Indian and International Accounting Standards and Practices in India”, The ICFAI University Journal of Accounting Research, Vol. 8 (1), pp. 45–66.
5.
BallRay (2008), “What is the Actual Economic Role of Financial Reporting?” [Available at SSRN: http://ssrn.com/abstract=1091538].
6.
BoessoG.KumarK. (2007), “Drivers of Corporate Voluntary Disclosure — A Framework and Empirical Evidence from Italy and the United States”, Accounting Auditing & Accountability Journal, Vol. 20 (2), pp. 269–296.
7.
BonsonE.EscobarT. (2002), “A Survey on Voluntary Disclosure on the Internet. Empirical Evidence from 300 European Union Companies”, International Journal of Digital Accounting Research, Vol. 2 (1), pp. 34.
8.
BrennanN.HouriganD. (2000), “Corporate Reporting on the Internet by Irish Companies”, Irish Accounting Review, Vol. 7 (1), pp. 75–107.
9.
ChanderSubhashKumarDinesh, (2007), “Corporate Attributes and Compliance of Accounting Standards in India: An Empirical Study”, ICFAI Journal of Accounting Research, Vol. 6 (4), pp. 36–51.
10.
CravenB. M.MarstonC. L. (1999), “Financial Reporting on the Internet by Leading UK Companies”, European Accounting Review, Vol. 8 (2), pp. 321–333.
11.
DebrecenyR.GrayG. L.RahamanA. (2002), “The Determinants of Internet Financial Reporting”, Journal of Accounting and Public Policy, Vol. 21, pp. 371–394.
12.
EttredgeM.RichardsonV. J.ScholzS. (2002), “Dissemination of Information for Investors at Corporate Web Sites”, Journal of Accounting and Public Policy, Vol. 21, 357–369.
13.
HaiderMohammad Badrul (2009), “A Review of Literatures on Corporate Social and Environmental Reporting in Some Selected Asian Countries”, [Available at SSRN: http://ssrn.com/abstract=1372058.].
14.
HassanS.JaffarN.JohlS. K. (2000), “Financial Reporting on the Internet by Malaysian Companies: Perceptions and Practices”, Asia Pacific Journal of Accounting, Vol. 6 (2), pp. 299–319.
15.
HedlinP. (1999), “The Internet as a Vehicle for Investor Relations: The Swedish Case”, The European Accounting Review, Vol. 8 (2), pp. 373–381.
16.
JagannathK. M.NanjegowdaK. (2008), “The Impact of Mandatory Accounting Standards on the Harmonization of Accounting Practices”, The ICFAI Journal of Accounting Research, Vol. 7 (1), pp. 7–23.
17.
JoshiP. L.Al-ModhakhiJ. (2003), “Financial Reporting on the Internet: Empirical Evidence from Bahrain and Kuwait”, Asian Review of Accounting, Vol. 11 (1), pp. 88–101.
18.
KimuraShogoOgawaHikaru, (2006), “A Model for the Convergence of Accounting Standards”, Research in Accounting Regulation, Vol. 19, [Available at SSRN: http://ssrn.com/abstract=947364].
19.
LybaertN. (2002), “On-Line Financial Reporting: An Analysis of the Dutch Listed Firms”, International Journal of Digital Accounting Research, Vol. 2 (4), pp. 197–236.
20.
LymerA.TallbergA. (1997), “Corporate Reporting and the Internet — A Survey and Commentary on the use of the WWW in Corporate Reporting in the UK and Finland”, Paper Presented at the XX Annual Congress of the EAA, Graz, April 23–25.
21.
MarstonC.PoleiA. (2004), “Corporate reporting on the Internet by German companies, International Journal of Accounting Information Systems, Vol. 5 (3), pp. 285–311.
22.
MomanyM. T.ShormanS. (2006), “Web-Based Voluntary Financial Reporting of Jordanian Companies”, International Review of Business Research Papers, Vol. 2 (2), pp. 127–139.
23.
OyelereP.LaswadF.FisherR. (2003), “Determinants of Internet Financial Reporting by New Zealand Companies”, Journal of International and Accounting, Vol. 14 (1), pp. 37–63.
24.
PahujaShuchiBansalS. C. (2006), “Corporate Environmental Reporting in India: The Perception of Accountants”, The ICFAI Journal of Accounting Research, Vol. 5 (2), pp. 16–37.
25.
PervanI. (2006), “Voluntary Financial Reporting on the Internet — Analysis of the Practice of Stock-Market Listed Croatian and Slovene Joint Stock Companies”, Financial Theory and Practice, Vol. 30 (1), pp. 1–27.
26.
PervanI. (2005), “Financial Reporting on the Internet and the Practice of Croatian Joint Stock Companies Quotes on the Stock Exchanges”, Financial Theory and Practice, Vol. 29 (2), pp. 159–174.
27.
SapovadiaVrajlal K. (2008), “Relevance, Issues & Importance of Accounting Standards”, [Available at SSRN: http://ssrn.com/abstract=1245962].
28.
XiaoZ.SangsterA.DodgsonJ. (1997), “The Relationship between Information Technology and Corporate Financial Reporting”, Information Technology & People, Vol. 10 (1), pp. 11–30.
