Scores from the majority of companies are located in an intermediate position.
Twenty-four companies obtained a score of 0 (because they did not have web
pages, they did not disclose any kind of information or they did not report in
English). No companies reached the maximum score of 23, just two of them
obtained 21. The arithmetic mean of TI in the sample is 11.06.
H1: There is a significant association between industry type and the extent
of financial disclosure on the Internet
Our aim is to verify if the information disclosed depends on the industry type.
Table 5 collects the sample distribution by sectors, providing some TI statistical