THE INFLUENCE OF INTERNET FINANCIAL REPORTS ON THE QUALITY OF FINANCIAL REPORTS IN LIBYA LISTED FIRMS
Saad Lihniash; Sohail Ahmed, Nabilah Rozzani
Abstract: The financial reports via the Internet is a new field of wide research making breakthroughs on a daily basis, and are affected by many factors such as the social, cultural, institutional and legal factors, which in turn affect the popularity of the Internet in financial reporting. Meanwhile, It has been revealed that firms that report financial information on their websites are bigger and more powerful, it has ownership of more focused, they have more international investors, and more modern than companies that do not rely on the Internet. However, the prospect of having to publish financial information on the internet company does not rely solely on the individual characteristic, but the range of effects of interaction between fixed characteristics, the type of industry, and the state. Therefore, this study examines the influence of internet financial reports on the quality of financial reports in Libya Listed firms. This study is a conceptual paper that reviewed the existing literature on the types and level of internet financial disclosure of Libya-listed firms. This study revealed that the type of disclosures that includes mandatory, voluntary, and selective are variables that are essential in explaining the level of internet financial reporting disclosure. This study contributed to the body of relevant knowledge by extending the internet financial reporting studies in developing countries which has not been focus more by prior studies. In addition, the study extends the literature on the status of internet financial reporting in African countries, specifically in Libya. Finally, it presents a clear snapshot of those factors influencing internet financial reporting in Libya.
[ FULL TEXT PDF 1-8 ] DOI: 10.30566/ijo-bs/2020.18
INVESTIGATING TOTAL QUALITY MANAGEMENT AND BALANCED SCORECARDS IMPLEMENTATION BY THE WATER AND SEWERAGE COMPANY OF LIBYA
Fasal Amhmed A. Negriw; S.M. Ferdous Azam, Jacquline Tham
Abstract: Purpose: this paper is concerned with finding out the impact of total quality management and balanced scorecards implementation by the Water and Sewerage Company of Libya. For that purpose, this paper proposes three independent variables, which are customer-focused, continuous improvement, and training, while the dependent variable was a balanced scorecard in organization for water and sewage in Libya. Design/ Method/ Approach: This study uses a quantitative approach. in this approach, the hypotheses were developed based on several literature reviews. The study population consists of all managers at all levels (upper-middle-lower) in the General Organization for Water and Sanitation in Libya and all its branches, which includes Tripoli Branch, Benghazi Plain, Central Administration, Jabal Al Akhdar, Western Administration Branch, Western Mountain, Southern Administration, and Central and Eastern Administration, where the study population is 646 managers in all branches of the organization. The sample of this study is 200 managers from these companies. Findings: The findings of the study indicated that the highest correlation was Continuous improvement (CIM) and Balanced Scorecards (BS) with 0.542 and a p-value of 0.000. This is followed by Customer-focused (CF) was 0.463 and the p-value was 0.000. On the other hand, the lowest correlation among variables was Training (TRA) with 0.432 and the p-value was 0.000. The results of the correlation matrix show that the values of correlation were less than 0.80 and ranged between 0.542 and 0.432.
[ FULL TEXT PDF 1-10 ] DOI: 10.30566/ijo-bs/2020.17