Voluntary disclosure of financial information on the internet by large companies in Slovenia Tatjana Dolinšek Faculty of Commercial and Business Sciences, Celje, Slovenia, and Andreja Lutar-Skerbinjek Department of Accounting and Auditing, Faculty of Economics and Business, University of Maribor, Maribor, Slovenia Abstract Purpose – The purpose of this research was to examine the impact of the determinants and characteristics of voluntary internet financial disclosures by large companies in Slovenia. With this research, the authors wanted to determine the factors which impact on the differences between companies that use internet financial reporting and those that do not. Design/methodology/approach – The research was conducted on a sample of large companies in Slovenia (n = 192), which was divided into two groups, depending on whether they use internet financial reporting. A binary logistic regression was undertaken to assess whether voluntary disclosure of financial information on the internet was related to the company’s size, profitability, age, company’s legal form, ownership dispersion and industry sector. Findings – The research has shown that there is a statistically significant difference between the companies which use or do not use internet financial reporting. The likelihood that the companies will publish the internet financial information is greater in the case of public limited companies, companies that deal with the financial, energy or ICT sectors and companies that have a larger ownership concentration. Originality/value – This is one of the first studies in Slovenia that was used to determine the factors according to which the companies that use internet financial reporting differentiate from those that do not. Keywords Slovenia, Logistic regression, Voluntary disclosures, Internet financial reporting Paper type Research paper 1. Introduction Around the 1990s, the internet surfaced as an alternative communication platform for dissemination of information among corporate companies all over the world. The widespread adoption of the internet has resulted in an increasing number of companies around the world using it to disclose financial information (Siala et al., 2014). Financial reporting developed in the early twenty-first century from the traditional design of the printed Annual Report to the contemporary Internet Financial Reporting (IFR)[1], aiming specifically at satisfying varying users’ needs (Al-Htaybat et al., 2011; Khan and Ismail, 2012). With the rapid development and ever more widespread use of the internet, companies have acquired a very effective communication tool for the presentation of vital information to investors and other stakeholders. Bollen et al. (2006) suggest that the primary objective of IFR should be to provide investors with financial information to make capital allocation decisions. The benefits of the internet for communicating information to investors over traditional communication channels are related substantially to the possibility of disseminating more information less expensively and in a more timely fashion, and to its K 47,3 458 Kybernetes Vol. 47 No. 3, 2018 pp. 458-473 © Emerald Publishing Limited 0368-492X DOI 10.1108/K-08-2016-0220 The current issue and full text archive of this journal is available on Emerald Insight at: www.emeraldinsight.com/0368-492X.htm