Determinants of Online Reporting of Accounting Information by Spanish Local Government Authorities
Year: 2010
Type: article
Abstract: This paper examines the features of Spanish local governments that influence the degree of their voluntary reporting of financial information on the Internet. Following an agency theory approach, we propose five hypotheses regarding the relationship between voluntary financial disclosure and the size, leverage, capital investment, political competition and press visibility of a local authority. The empirical application of these hypotheses shows that size, capital investment and political competition are positively associated with the degree of online reporting. We also found a negative and significant relationship between press visibility and voluntary financial disclosure.
Source: Local Government Studies
Authors: Ana Cárcaba García, Jesús García-García
Institution: Universidad de Oviedo
Language: English
Topic: Financial Reporting and XBRL
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2029474233