Abstract

Zulfikar Euan

This research analyses all the Indonesian companies on the Jakarta Stock Exchange in terms of its ability to communicate via the internet. Analysis is conducted to understand the level of web communication and predictor variables to explain website presence or absence. The results show that 63.8% of such firms have websites. Using logistical regression, statistical differences are found with size and age of firms. Larger and older firms are far more likely to have websites. Indonesian firms are still recovering from the Asian Currency crisis in the late 1990s, the findings in this study show that internet communication to external stakeholders of financial reporting data is still not at an optimal level especially in regards to foreign investors that are more likely to use web technology.