Reporting on the Web: the state of the art

Article Abstract:

The World Wide Web can be used by companies to communicate their financial reports to their stakeholders. By using the Internet network, organizations can provide reports that are more complete and regularly updated than hard-copy counterparts. This results in stakeholders that are more aware of their firms' performance and more empowered. Most of the companies listed on the Fortune Global 500 with their own Web sites are from the US, Japan, Germany and France, with US companies providing the greatest amount of information and Japan offering limited information. Also, some companies, especially those from France and Italy, have Web sites that do not really offer any financial information. These suggest that not many maximize the use of their sites by providing data on their finances. Companies intending to offer financial information on their Web sites should make sure that they are visually compelling and easy to comprehend.

Usage, Online information services, Information management, World Wide Web, Corporation reports, Company reports

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Agains all odds

Article Abstract:

The successful acquisition of Telecom Italia by Olivetti through a hostile takeover bid has been compared to a minnow that has managed to swallow a whale. The bid, which was given almost no chance of succeeding when it began on Feb 20 1999, was accepted on May 21, 1999, after a three-month losing battle waged by Telecom Italia's CEO Franco Bernabe to save the former state telecommunications company. Olivetti's corporate triumph has been attributed to the leadership shown by CEO Roberto Colaninno, who saw Olivetti's opportunity after Telecom Italia's poor performance in 1998. Olivetti is expected to encounter its greatest challenge in financing the 31.4 billion euros, most of it in borrowed capital, that it used to win against all expectations.

Telephone Communications, Telephone communications, exc. radio, Italy, Mergers, acquisitions and divestments, Telecommunications services industry, Telecommunications industry, Telephone services, Telecom Italia S.p.A., Olivetti S.p.A.

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Superhighway robbery

Article Abstract:

Companies with their own Web sites can prevent bandwidth theft and avoid its cost by insisting that their Internet service providers furnish them with usage statistics. These figures will help business organizations determine if a third party is adding to their bandwidth requirements and therefore, to their Internet spending, by taking content from a corporate Web page and incorporating it into the third party's Web site. There are several measures that can be taken to prevent bandwidth theft. These include restricting access to a corporate Web site's premium content to registered users only, regularly changing the server location of the premium content, and sending a letter of warning to the offending Website's Webmaster.

Specialized Telecom Services, Safety and security measures, Internet, Internet services, Internet security, Web sites (World Wide Web), Web sites

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