“An inquiry on online financial communication of companies listed at the Italian Stock Exchange in Milan”, AIAF Nr.40, September 2001

The article “An inquiry on online financial communication of companies listed at the Italian Stock Exchange in Milan by Alfonso Scarano, member of the Board of Directors and Representative of the AIAF Internet Committee, Nadia Tamburrini from Finengineering and Daniela Carosio, SVI Senior Partner, was published in the AIAF online review Nr. 40 as of September 2001.

KEY INSIGHTS

In this article, the authors present the result of an analysis on the “Use of Internet for the disclosure of financial information by listed companies”, following Consob amendment n. DME/1000796 del 4/1/2001.

The aim of the article is to analyze the state of the art in Italy of online financial disclosure through the Investor Relations website of companies listed on both Borsa Italiana and the New Market segment).

The article discusses the multiple roles of internet as an instrument to implement Consob recommendations on online financial communication towards stakeholders. Finally, the article sums up the conclusions of the analysis conducted and makes some final suggestions on the need to improve the quality of financial disclosure by listed companies on their websites.

To find out more, read the full article on the AIAF review.

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