Internet financial reporting adoption Exploring the influence of board role performance and isomorphic forces

Juma Bananuka, Sadress Night, Muhammed Ngoma, Grace Muganga Najjemba

Abstract


Purpose – This study aims to examine the contribution of board role performance and isomorphic forces on internet financial reporting.
Design/methodology/approach – This study is cross-sectional and correlational. Data were collected through a questionnaire survey of 40 financial services firms. The study’s unit of analysis was a firm. Chief Internal Auditors and Chief Finance Officers were the study’s unit of inquiry. Data were analyzed through correlation coefficients and linear regression using Statistical Package for Social Sciences.
Findings – The results suggest that board role performance and isomorphic forces are significant predictors of internet financial reporting. However, board role performance is not a significant predictor of internet financial reporting in the presence of isomorphic forces. The control and strategic roles of the board are positively and significantly associated with internet financial reporting unlike the service role. Only the coercive isomorphism is positively and significantly associated with internet financial reporting unlike the normative andmimetic isomorphism.
Originality/value – This study provides initial empirical evidence on the contribution of board role performance and isomorphic forces on internet financial reporting using evidence from Uganda’s financial service firms. To the researcher’s knowledge, this is the first perception-based study on internet financial reporting.

Propósito - Este estudio tiene como objetivo examinar la contribución del desempeño de la junta directiva y las fuerzas isomorfas a la información financiera de internet.

Diseño/metodología - Este estudio es transversal y correlacional. Los datos fueron recolectados a través de un cuestionario de 40 empresas de servicios financieros. La unidad de análisis del estudio fue una firma. Los principales auditores internos y los directores financieros fueron la unidad de investigación del estudio. Los datos se analizaron mediante el paquete estadístico para ciencias sociales.

Hallazgos - Los resultados sugieren que el desempeño de la junta directiva y las fuerzas isomorfas es un predictor significativo de la información financiera de internet. Sin embargo, el desempeño de la función de la junta directiva no es un predictor significativo de la información financiera de internet en presencia de fuerzas isomorfas. El control y los roles estratégicos de la junta directiva están asociados positiva y significativamente a los informes financieros de internet, a diferencia del rol de servicio. Solo el isomorfismo coercitivo está asociado positiva y significativamente con la información financiera de internet, a diferencia del isomorfismo normativo y mimético.

Originalidad/valor - Este estudio proporciona una evidencia empírica inicial sobre la contribución del desempeño de la junta directiva y las fuerzas isomorfas a la información financiera de internet, utilizando evidencia de las empresas de servicios financieros de Uganda.


Keywords


internet financial reporting; isomorphic forces; informes financieros por internet; desempeño de roles de la junta directiva; fuerzas isomorfas; empresas de servicios financieros; uganda

Full Text:

PDF

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 The bi-annual academic publication of Universidad ESAN

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

The Universidad ESAN, with more than 50 years of experience in the higher education field and post graduate studies, desires to contribute to the academic community with the most outstanding pieces of research. We gratefully welcome suggestions and contributions from our readers in order to help
us hit our goals.