Wagenhofer, Alfred - In: Schmalenbach Business Review (sbr) 55 (2003) 4, pp. 262-279
The paper considers two major economic effects created by the Internet for financial accounting and disclosure. First …, the Internet changes the costs of information processes and with it the demand and supply of financial information in … capital markets. Second, Internet financial reporting creates a demand for standardization, which has been taken up with the …