The effect of board characteristics on internet financial reporting: A meta-analysis study

Abstract

Purpose of this study: This paper aims to examine the relationship between corporate governance, namely board characteristics and internet financial reporting. Methodology: The method used is a meta-analysis technique developed by Hunter and Schmidt’s (1990) covering 26 previous articles published in 2004-2017. Main Findings: Empirical evidence found that board characteristics represented by board size and board independence have a positive effect on internet financial reporting, while role duality does not correlate. Implications of this study: This paper has important implications for regulators as it reports board size and board independence as important predictor variables to internet financial reporting. The paper is also of interest to investors and companies related to accountability and transparency. Research limitations: In these studies, other characteristics of corporate governance such as audit committee board and ownership structure are not included due to the limited number of studies related to corporate governance and internet financial reporting. Originality/Value: This study extends meta-analysis literature related to corporate governance characteristics on Internet Financial Reporting.