Timeliness Of Financial Reporting Research Articles

The Influence of Profitability, Company Size, Ownership Structure and Size of the Public Accounting Firm (KAP) on the Timeliness of Financial Reporting in Conventional Banking Listed on the Indonesian Stock Exchange

The Influence of Profitability, Company Size, Ownership Structure and Size of the Public Accounting Firm (KAP) on the Timeliness of Financial Reporting in Conventional Banking Listed on the Indonesian Stock Exchange

CEO Network Connections and the Timeliness of Financial Reporting

SYNOPSIS We investigate the effects of CEO networks on the timeliness of financial reporting. Using a sample of over 2,000 firms for the period 2004–2017, we find that firms led by well-connected CEOs have lower earnings announcement lag, audit lag, and filing (10-K) lag. This timeliness is not at the expense of financial reporting quality and accuracy. These effects are stronger when firms have strong corporate governance and no material internal control weaknesses. Interestingly, the effect of CEO connectedness on timeliness is significant regardless of the intensity of demand for information from institutional investors and analysts but is stronger when information demand is lower. Overall, these findings suggest that improved information environment around well-connected CEOs leads to timely dissemination of high-quality information to the market. JEL Classifications: D85; M42.

Board Member with Political Connections, Audit Committee Expertise, Competent Management Team and Timeliness of Financial Reporting: Malaysia Non-Profit Organization Evidence

Board Member with Political Connections, Audit Committee Expertise, Competent Management Team and Timeliness of Financial Reporting: Malaysia Non-Profit Organization Evidence

Effect of Firm Characteristics on Timeliness of Corporate Internet Financial Reporting of Malawi Public Firms

The purpose of this paper was to investigate the impact of firm characteristics on the timeliness of corporate internet financial reporting in Malawi. The research is a quantitative study, guided by the post-positivist philosophy and a deductive approach. Content analysis of secondary data was done through a disclosure index on corporate internet financial reports. Regression analysis was performed to find the impact of firm characteristics variables (leverage, size, and profitability) on the dependant variable timeliness of corporate internet reporting. The study focused on 50 companies, comprising of 13 listed companies on the Malawi Stock Exchange and 37 limited companies that are not listed using their industry sector. The study found out that 86% of the sampled listed and non-listed companies had a corporate website. Of these, 24% are engaged in internet financial reporting which signifies a low level of internet financial reporting in Malawi. In addition, the researchers found out that of those presenting financial reports on their website, the lag time is more thus making the information not to be timely presented to the stakeholders.

Analysis of the Influence of Profitability, Solvency, Liquidity, and Firm Size on the Timeliness of Financial Reporting with Audit Opinion as a Moderating Variable in Sector Trading, Services, and Investment Companies on the Indonesia Stock Exchange in 2016-2020

This study aimed to test the effect of profitability, solvency, liquidity, and firm size on the timeliness of financial reporting with audit opinion as a moderation variable in the trade, service, and investment companies listed on the Indonesia Stock Exchange. The population in this study was taken from the trade, service, and investment sector companies listed on the Indonesia Stock Exchange during 2016-2020. Where the company included in the criteria was 79 companies. Data is processed using a logistics regression test. The results of this study concluded that solvency affects the timeliness of financial reporting, while profitability, liquidity, and firm size do not affect the timeliness of financial reporting. Audit opinion can moderate firm size to the timeliness of financial reporting, and audit opinion cannot moderate the relationship between profitability, solvency, and liquidity to the timeliness of financial reporting. Keywords: profitability, solvency, liquidity, firm size, audit opinion, and timeliness

Effect of Management Ownership, Industry Auditor Specialization, Audit Complexity and Auditor Switching on Timeliness of Financial Reporting

This study aims to determine the effect of managerial ownership, auditor industry specialization, complexity audit, and auditor switching on the timeliness of submitting financial reports to Energy sector companies listed on the Indonesia Stock Exchange in 2017-2021. The method in this research is a quantitative research method. The population in this study are energy sector companies listed on the Indonesia Stock Exchange during 2017-2020. The sampling technique in this study used a purposive sampling technique with 41 research samples within five years so that a total of 205 research data were obtained. Data analysis used descriptive statistical analysis method and logistic regression analysis using SPSS 26 software. The results showed that managerial ownership, auditor industry specialization, audit complexity had a positive effect on the timeliness of financial reporting, while switching auditors did not affect on the timeliness of financial reporting. The accuracy of submitting financial statements to companies tends to be influenced by factors such as high levels of managerial ownership, auditor industry specialization, and audit complexity, but the presence of switching auditors in the company does not affect the time of submission of financial statements.

FAKTOR-FAKTOR YANG MEMPENGARUHI KETEPATAN WAKTU PELAPORAN KEUANGAN PADA PERUSAHAAN MANUFAKTUR

This study aims to determine the effect of Return on Assets, Company Size, Debt to Equity Ratio, Current Ratio, and Company Age on Timeliness of Financial Reporting in manufacturing companies listed on the Indonesia Stock Exchange during 2018-2020. The sample taken using purposive sampling method and valid data are 57 companies. The data processing technique is logistic regression analysis using EVIEWS version 10 and Microsoft Excel 2010. The results of this study indicate that Return on Assets, Company Size, Debt to Equity Ratio, and Company Age have no significant effect on the timeliness of financial reporting. While the Current Ratio has a negative and significant effect on the timeliness of financial reporting. The implication of this research is that investors can pay attention to the timeliness of financial reporting in making investment decisions which can be seen through the value of Return on Assets, Company Size, Debt to Equity Ratio, Current Ratio, and Company Age.

Timeliness of Local Government Financial Reporting: Evidence From Indonesia

This research analyzed the determinant of timeliness of local government financial reporting on the financial statements of 508 local governments from 2015 to 2019 financial periods in Indonesia. With secondary data based on the total sampling method, this research used a panel data regression fixed effect model. This study found that financial control and local government revenues positively affected the timeliness of local government financial reporting, local government capital expenditures and the complexity of local governments. Each had an insignificant positive and negative effect on local government financial reporting timeliness. From this study, local governments must increase the capacity of financial supervisors, so the process of financial supervision of local governments can run well, from planning and implementation to reporting on LKPD.

The Effect of Timeliness of Financial Reporting on Abnormal Return during the Covid-19 Period with Profitability and Company Size as Moderating Variables (Study on the Food and Beverages Sector Companies Listed on the IDX in 2020-2021)

The COVID-19 pandemic situation that occurred globally has significantly affected all aspects, one of which is the timeliness of submitting financial reports. The purpose of this study was to determine whether there is an effect of timeliness of financial reporting on abnormal returns and whether profitability and company size can affect the relationship between timeliness of financial reporting and abnormal returns. This study uses secondary data obtained from financial reports and independent auditor reports published on the official website of the Indonesia Stock Exchange. The data analysis techniques used in this study are descriptive statistics and moderated regression analysis (MRA). The results of this study indicate that the timeliness of financial reporting affects abnormal returns, while profitability and company size do not strengthen the relationship between timeliness of financial reporting and abnormal returns during the COVID-19 period.

The Effect of Digitalization on Improving the Timeliness of Financial Reporting: Evidence from Egyptian Listed Companies

The Effect of Digitalization on Improving the Timeliness of Financial Reporting: Evidence from Egyptian Listed Companies

The Effect of Managerial Ability on the Timeliness of Financial Reporting: The Role of Audit Firm and Company Size

Effective decision-making relies on access to timely and accurate information, which is widely regarded as a valuable asset in the capital market. Accounting information is no exception, and it is critical for managers to provide such information promptly to advance their firms' economic activities. This study investigates the relationship between managers' ability and the timeliness of financial reporting, testing three research hypotheses through linear regression analysis. The statistical population comprises 115 firms listed on the Tehran Stock Exchange between 2012 and 2021, with 1150 firm-year observations. The delay in the auditor's report serves as a proxy for financial reporting timeliness. Managers' abilities are measured using Demerjian et al.'s model [1]. The findings reveal a significant, positive relationship between managerial ability and the timeliness of financial reporting, indicating that higher managerial ability is associated with lower financial reporting delay. Additionally, the results suggest that the relationship between managerial ability and financial reporting timeliness is moderated by the size of the auditing firm and the firm itself.

The Influence of Corporate Governance on Internet Financial Reporting in Malawi

The study sought to establish the influence of corporate governance on internet financial reporting in Malawi using the cross-sectional time horizon design. Sixteen companies listed under the Malawi Stock Exchange and forty registered limited companies that were operational but not on the Malawi Stock Exchange with a minimum of total assets of MWK 300,000,000.00 constituted the population. The sample was limited to 50 companies of which 43 had their financial reports available on the internet, which was the source of data. Content validity was achieved through consultation with experts in the field of accounting and financial reporting. Data was analyzed through multiple regression analysis using the SPSS Software. The study established that corporate governance mechanisms did not influence the timeliness of corporate Internet Financial Reporting. However, ownership structure positively influenced the corporation to engage in the Internet Financial Reporting. Furthermore, decision usefulness positively influenced the corporations to engage in the Internet Financial Reporting. Therefore, for the companies to engage in internet financial reporting, there is a need to ensure that decision usefulness is maximized. Furthermore, there is a need to ensure a maximized ownership structure for the organizations to keep engaging in the Internet Financial Reporting.

Implementation of Accounting Information Systems and Quality of Human Resources in Realizing Timeliness of Financial Reporting and Disbursement of BOS Funds

This study discusses the application of accounting information systems and the quality of human resources in realizing the timeliness of financial reporting and disbursement of BOS funds 2020. The purpose of this study is to find out how the implementation of accounting information systems and the quality of human resources in realizing the timeliness of financial reporting and disbursement BOS Fund. This study uses a qualitative research method with a phenomenological approach where data collection is obtained from interviews and observations. The data analysis technique used in this research is data reduction, data reduction is done by collecting important information and then the data is grouped according to topic so that it can provide a clearer picture and make it easier to collect data. The results showed that the research subjects had implemented the system determined by the government and improved the quality of human resources in order to have the confidence, skills and experience in order to realize the proper reporting of BOS funds so that the disbursement of BOS funds could also be carried out properly. Keywords - Accounting Information Systems, Human Resources, Timeliness of Reporting, Disbursement of BOS Funds.

Corporate Attributes and Timeliness of Financial Reporting in Nigeria

This study examined the effect of corporate attributes on timeliness of financial reporting of quoted firms in Nigeria. The objective was to investigate the relationship between corporate attributes and timeliness of financial reporting. Cross sectional data was sourced from financial statement of quoted firms. Number of days was modelled as a function of total assets, age, profitability and number of employees. After cross examination of the validity of the pooled effect, fixed effect and the random effect, the study accepts the fixed effect model. The result found that profitability and age have positive relationship with timeliness of financial report on financial reports of the selected firms. The panel unit root proved that the variables are stationary at first difference while the causality test found one unidirectional relationship total assets to timeliness of financial reporting. From the regression summary, the study concludes that corporate attributes have significant relationship with timeliness of financial reports. We recommend that corporate attributes that affect negatively timeliness of financial reporting should be discouraged or properly managed and factors that enhance timeliness of financial reporting should be encouraged

The Role of Profitability and Leverage in Mediation the Effect of Company Size on the Timeliness of Financial Reporting in the Indonesian Stock Exchange

Aims: This study is about the timeliness of financial reporting. It aims to analyse the profitability and leverage in mediating the effect of company size on the timeliness of financial reporting of Indonesian Stock Exchange (IDX) issuers in 2017-2019.
 Study Design: The design of this research study is correlational.
 Place and Duration of Study: Indonesian Stock Exchange (IDX) issuers in 2017-2019.
 Methodology: Its population of all companies listed on IDX in 2017-2019, totalling 645 in 2017, 714 in 2018 and 792 in 2019. The sample was chosen intentionally for issuers who were not on time and simple random for issuers who were on time. The number of samples is 222, consisting of 98 who are not on time and 124 who are on time. The data type is secondary data, collected using documentation, while the data processing technique uses a structural equation model.
 Results: The results show that the company's size significantly positively affects profitability. Firm size has a significant positive effect on leverage and the timeliness of financial reporting. Profitability has a significant positive effect on the timeliness of financial reporting. Profitability mediates a significant positive influence on company size on the timeliness of financial reporting. However, leverage has a significant positive effect on the timeliness of financial reporting. Leverage does not mediate the influence of company size on the timeliness of financial reporting.
 Conclusion: This study supports the signalling theory in explaining the effect of firm size, profitability and leverage on the timeliness of financial reporting, as well as the role of profitability and leverage in mediating firm size on the timeliness of financial reporting.

Audit Committee Characteristics and Timeliness of Financial Reporting: Social Enterprises Evidence

There was vast research on the effectiveness of audit committees as part of the mechanisms in safeguarding shareholders’ interest and also ensuring effective financial reporting by companies. However, studies on the efficacy of audit committees as governance tools in a niche area relating to social enterprises namely cooperative societies in Malaysia is still scarce. Hence, this study intends to investigate the association between audit committee attributes namely audit committee expertise and experience, audit committee meeting frequency and audit committee size to the timeliness reporting compliance among Malaysian cooperative societies. Using qualitative research methods, 158 usable questionnaires from 59 cooperative societies were successfully gathered and analysed using SmartPLS 3 Version 3.2.8. The results obtained provided support to the notion that there is a significant positive relationship between the frequency of meetings on the timeliness reporting compliance and a significant positive relationship between audit committee size on the timeliness reporting compliance. However, the notion expecting a significant positive relationship between the expertise of the audit committee on the timeliness reporting compliance proved to be insignificant. Conclusively, the study provides theoretical and practical support to both literature and practitioners on the importance of having optimum audit committee size and high frequency of meeting in ensuring the timeliness compliance of financial reporting of cooperative societies.

The Effect of Public Ownership on Timeliness of Financial Reporting

The timeliness of financial statement publication is important because it becomes the qualitative characteristics of useful information in supporting the relevance of the information. Besides how quickly a company publishes its financial statements will tend to affect the trust of financial statement users. This research aims to find the effect of public ownership on the timeliness of financial reporting. Total samples are 39 of property and real estate companies listed on the Indonesia Stock Exchange (IDX) in a period of 2018-2020 and analyzed by Statistical Package for the Social Sciences (SPSS). This research finds that public ownership has no effect on the timeliness of financial reporting. The value of public ownership is low so that the public is not able to affect company policy, especially in the quality of a financial statements. Keywords: timeliness, public ownership, financial statements.

Analysis of Factors Affecting Timeliness of Financial Reporting in Manufacturing Companies

This study aims to find empirical evidence about the factors that affect the timeliness of financial reporting of manufacturing companies listed on the Indonesia Stock Exchange. The factors tested in this study are debt to equity ratio, profitability, ownership structure, auditor quality, and auditor turnover. The sample of this study uses 100 manufacturing companies that are consistently listed on the Indonesia Stock Exchange for the 2015-2017 period which were taken using the purposive sampling method. These factors were then tested using logistic regression at a significance level of 5 percent. The results of the study identify that profitability and ownership structure significantly affect the timeliness of the company's financial reporting, while the Debt to Equity Ratio, auditor quality, and auditor turnover have no effect on the timeliness of financial reporting of manufacturing companies listed on the Indonesia Stock Exchange.

Analysis of Factors Affecting The Timeliness of Financial Reporting on Manufacturing Companies in The Indonesia Stock Exchange

This study aims to find empirical evidence about the factors that affect the timeliness of financial reporting of manufacturing companies listed on the Indonesia Stock Exchange. The research uses quantitative research methods. The data collected in this study will be analyzed using two methods, namely 1) Descriptive statistical method, the analytical tool used is the average (mean) and standard deviation 2) Hypothesis Testing, hypothesis testing is done by using multivariate test using logistic regression. The sample from this study used 43 manufacturing companies x in 3 years of research, 129 data on financial statements that were consistently listed on the Indonesia Stock Exchange for the period 2014-2016 were taken using the purposive sampling method. Based on Simultaneous Effect Analysis, it can be seen that α= 0.05 and degrees of freedom (df) = k = 5, where k is the number of predictor variables, the value of χ²(p) from the chi-square distribution table is 11.07048. Due to 6.266 < 11.07048 or -2(L0–L1) < χ²(p), it can be said that together (simultaneously), the five predictor variables (DER, ROA, SIZE, KAP, AUDCH) have no effect on the variable of timeliness of financial reporting.

International Public Sector Accounting Standards and Organisational Characteristics as Determinants of Timeliness of Financial Reporting in Nigerian Public Sector Institutions

The timeliness of financial reporting is crucial for transparency and accountability in public sector organisations. This study aimed to examine the effect of International Public Sector Accounting Standards (IPSAS) adoption and organisational factors on the timeliness of financial reporting of Nigerian public institutions. Data were sourced from the audited financial statements of ninety public institutions for 2017 and 2018. Panel regression analysis was adopted. The findings revealed a poor quality of timeliness in public sector financial reporting is poor in Nigeria. IPSAS adoption and organisational characteristics jointly did not demonstrate a significant effect on timeliness (Adj R 2 = 0.0190, Wald chi 2 (4) = 7.75, p > 0.05). The study concluded that the quality of timeliness in financial reporting in the Nigerian public sector is poor and is affected by other unmeasured factors rather than IPSAS adoption and organisational characteristics. Regulators need to enforce statutory timeframes for submission of financial reports by public institutions. There is also a need for further research to identify the determinants of timeliness in public sector financial reporting in Nigeria.