Internet Financial Reporting by Indian Public and Private Companies

There has been rapid change in the information system by the means of internet, and obviously every sector gets affected by the change. The same changes have adopted by the companies, they utilize internet for the dissemination of information. The present paper aim to analysis the extent of financial disclosure by Indian public and private companies and investigated if any difference occurs between two sectors. The empirical research based on top 30 companies listed on BSE, we analysis items wise and company's wise financial disclosure through internet. The result shows that both sectors utilize their website for financial disclosure at some extent, further Mann-Whitney test applied for analysis the difference between two sectors in IFR practice and it show significance difference between two sectors.