Keywords: Corporate Governance, Ownership Structure, Internet Financial Reporting, Palestine, Developing Countries.


The current research investigates whether the difference in the Internet Financial Reporting standard is clarified by corporate governance. A study was carried out on a selection of 48 companies listed on the 2019 Palestine Stock Exchange. An index was also selected from several previous studies to assess the standard of Internet financial reporting. One of the first analytical researches to investigate the relationship between corporate governance and Internet Financial Reporting in Palestine is the latest analysis. Firstly, the scope of disclosure of Internet Financial Reporting in Palestinian businesses appears to be limited. Second, the educational history of boards is greatly related to Internet Financial Reporting. Nevertheless, the board independence coefficient and board audit committee are negligible. Thirdly, an important element in strengthening internet financial reporting standards is a broad audit company. Fourthly, there is a strong positive correlation between the concentration of ownership and financial reporting on the Internet. Companies mainly held by stakeholders are more likely to reveal internet data and to strengthen the reports released. Finally, profitability and market capitalization have a direct connection with Internet Financial Reporting, and Internet Financial Reporting does not justify the composition of the board, board meetings, international investors, and business size.

Author Biographies

Firas S. Q. Barakat, Al-Quds University

Professor, Department of Accounting, Faculty of Economics and Business, Al-Quds University, Palestine

M. Victoria Lopez Perez, University of Granada

Professor, Department of Finance and Accounting, Faculty of Economics and Business, University of Granada, Spain

Lázaro Rodríguez Ariza, University of Granada

Professor, Department of Finance and Accounting, Faculty of Economics and Business, University of Granada, Spain

Orobah Ali Barghouthi, Al-Quds University

Assistant Professor, Department of Banking & Finance, Faculty of Economics and Business, Al-Quds University, Palestine

K. M. Anwarul Islam, University of Selangor

Associate Professor, Department of Business Administration, The Millennium University, Dhaka, Bangladesh, and PhD Candidate, University of Selangor, Malaysia


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How to Cite
Barakat, F. S. Q., Perez, M. V. L., Ariza, L. R., Barghouthi, O. A., & Islam, K. M. A. (2020). THE IMPACT CORPORATE GOVERNANCE ON INTERNET FINANCIAL REPORTING: EMPIRICAL EVIDENCE FROM PALESTINE. International Journal of Accounting & Finance Review, 5(4), 1-22.
Research Paper/Theoretical Paper/Review Paper/Short Communication Paper