摘要：Anecdotal evidence showed that the portion of internet users to the population in Malaysia is relatively
higher among developing economies. However, there are not many Malaysian listed companies
that use the internet as a platform for financial information disclosure. Perhaps, the managers
do not believe that there is positive association between internet reporting and firm performance.
Therefore, this study aims to examine the impact of corporate internet reporting (CIR) on firm performance
for a sample of 583 non-financial listed companies in Malaysia over the year of 2013. We
use content analysis to retrieve the internet reporting items and test its validity and reliability before
running the regression model. The findings showed that CIR has a significant effect on firm value.
This means that more related information that is regularly disclosed on the company’s websites can
contribute more value to the firms. Meanwhile, company size does not significantly influence firm
value. The firm’s leverage is negative and statistically significant, and the growth brings a positive
significant effect to the firm’s value. In addition, in this study, the results support the resource-based
view theory and the signaling theory between corporate internet reporting and firm value. The
findings of the research suggest that companies should disclose more information through the internet
in order to ensure the accessibility of financial information for stakeholders, and this will present
a better image and reputation of the company’s best practices in financial performance. CIR will
help them to have meaningful investment decisions and persuade them to invest in the company.
关键词：Corporate internet reporting (CIR); firm performance; size; leverage; growth
