Open AccessApplication of statistical methods in Internet financial information analysis
Author(s) -
Tatjana Dolinšek
Publication year - 2020
Publication title -
croatian review of economic, business and social statistics
Language(s) - English
Resource type - Journals
eISSN - 2459-5616
pISSN - 1849-8531
DOI - 10.2478/crebss-2020-0004
Subject(s) - bivariate analysis , index (typography) , descriptive statistics , univariate , the internet , stock exchange , business , variables , computer science , actuarial science , multivariate statistics , accounting , statistics , finance , mathematics , world wide web
In today’s modern globalised world, we are faced with numerous data which form the basis for many crucial decisions. The ability to perform the analysis and interpret data correctly is, therefore, of essential importance in practically every field. The field of financial Information is one of such fields, especially the segment of information that is used by companies in corporate communication. This article is focused solely on the information that refers to the Internet financial reporting, which is important particularly for the external stakeholders. The research was made on the basis of the Internet Financial Reporting (IFR) Index for 27 Slovenian companies listed on the Ljubljana Stock Exchange. The article demonstrates the methodological approach to the creation of the IFR Index, which served as the new variable in the following steps of this research, for which various statistical analyses were performed (univariate, bivariate, and multivariate). Based on the descriptive statistics, the main characteristics of the IFR Index are identified, and, by using the t-test for two independent samples, it was found out that there is a difference among the companies listed in the two different listings. Moreover, through the use of the correlation analysis, the correlation between the IFRC and the IFR-P variables was verified, and, in the end, through the use of the multiple regression analysis, it was discovered that the size of the company is the factor which influences the level of the IFR Index. The purpose of this article is to show the awareness of the alternative research methods, and to facilitate the selection of the most appropriate method for addressing particular research questions in the Internet Financial Reporting.