Abstract:
The aim of this study is to examine the impact of Corporate Internet Reporting
(CIR) on firm performance for a sample of 68 banks, diversified financial, and
insurance firms in Sri Lanka over the year 2018. The researcher used content
analysis to retrieve the internet reporting items. This study used a checklist of
105 items, which were adopted from previous studies. The current study
observed that the mean of the content element disclosure score for the sample
is about 77.3%, whereas the mean of the presentation element disclosure score
for the sample is about 57.6%. Further, the result of the regression analysis
revealed that the content element disclosure only has a significant positive
association with return on assets. However, both the content element and the
presentation element have no significant association with return on assets or
Tobin’s Q. Hence, the findings of this study provide a clear understanding to
stakeholders of the firm to make better investment decisions as it is an
international requirement.
