Web-based Corporate Reporting in Bangladesh: A Study of Selected Listed Companies

Abstract

This paper examines the current scenario of the extent of corporate information disseminated through the websites of the sample companies from Bangladesh. The websites of 138 companies listed with the Dhaka Stock Exchange were surveyed in this study for corporate information classified under five major areas. The study found that 96.38% of the companies have accessible websites and that these companies reported 72.27% of the items from the disclosure checklist. The Telecommunication sector has the leading number of disclosures on websites, reporting even 100% information in some areas. The study has observed that the tendency to use the internet for disseminating corporate information has remarkably increased in Bangladesh in recent years.