Internet Financial Report: Respons Pasar Sebelum dan Sesudah Tanggal Publikasi
Abstract
The aim of this study was to determine the effect of disclosure on the Internet Financial Report response market and know the difference between the market response before and after the date of publication of the financial statements on the website. Internet Financial Reporting (IFR) at this time is voluntary. So that there are no special regulations concerning IFR, this causes differences IFR practice among companies. Some companies disclose financial statements using only low-level technology, while other companies disclose full financial statements using Web sophistications such as multimedia and analytical tools. Testing the hypothesis in this study using multiple regression, one-sample t test and Wilcoxon test. The results showed there were significant positive effect internet reporting (IFR) on the market response. While the second hypothesis shows that there are differences between the market response before and after the date of publication, the difference occurs between D+1 to D+4.
Moraref