Influencing Factors:The Timeliness of Financial Reporting Submissions

Abstract

The purpose of this study was to examine the effects of profitability, leverage, firm size, outsider ownership, the reputation of the public accounting firm and financial risk on the timeliness of financial report submissions. This study used a sample of all the trade, services and investment companies listed in Indonesia Stock Exchange in 2014-2016. A total of 78 companies were examined. Multiple linear regression was used to test the hypotheses. Results showed that profitability, outsider ownership, the reputation of the public accounting firm and financial risk had significant effects on the timeliness of financial report submissions, but leverage and firm size did not have the effect. The originality of this paper is proven by that sample used of trade, service and investment companies and by using the measure of an auditor’s reputation. Both of which had been studied earlier. The implications from this study for regulators is that regulations can be better determined to oversee and ensure a high standard from the financial reporting mechanism in the Indonesia Stock Exchange.

The Effect of Liquidity, Leverage and Profitability on Financial Distress

“…This result supports the research conducted by Chrissentia & Syarief (2018) and by Fatmawati & Rihardjo (2017) which found that leverage affects financial distress. In contrast, Putri & Merkusiwati (2014), Cinantya & Merkusiwati (2015), and Savitri et al (2019) found that leverage does not affect financial distress in a company.…”

Bankruptcy Risk Indicators and Financial Reporting Timeliness: The Case of Companies Listed at Nairobi Securities Exchange, Kenya

“…The obtained results provide important implications for bankruptcy prediction research and practice, especially in terms of identifying the most important financial predictors. Other similar studies include Adediran et al (2019), Ferdayani et al (2019), Savitri et al (2019), Soewignyo and Wanda (2020), Wibowo and Saleh (2020).…”

“…Signals of good future performance provided by companies whose past financial performance is not good, will not be trusted by the market. Savitri et al (2019), a study on the influencing factors of the timeliness f financial reporting submissions on listed companies in Indonesia Stock Exchange in 2014-2016, employed profitability, leverage, firm size, outsider ownership and reputation of the public accounting firm as the independent variables. The study employed signaling theory.…”

“…Studies by Alfraih (2016); Ohaka and Akani (2017); Adediran et al, (2019); Borgi et al (2021);Ferdayani et al, (2019); Dewi et al ( 2019); Savitri et al (2019);Sunarto et al, (2020); Wibowo and Saleh (2020); Borgi et al (2021) had conceptual gaps. In addition, all the mentioned studies did not establish the effect of bankruptcy risk indicators on financial reporting timeliness of listed companies in Kenya.…”

Karakteristik Pemerintah Daerah, Opini dan Ketepatwaktuan Laporan Keuangan di Indonesia

“…Qualified audit opinion dianggap berita buruk yang mengarah pada perlambatan proses pelaporan (Gajevszky, 2013) Penelitian terkait dengan faktor-faktor yang mempengaruhi ketepatwaktuan telah dilakukan, baik sektor private (perusahaan yang listing di pasar modal) maupun di sector pemerintahan. Faktor-faktor yang mempengaruhi ketepatanwaktuan ini dipengaruhi oleh profitabilitas (Savitri, Andreas dan Surya, 2019;Al Daoud, Ku Ismail dan Lode, 2014;Rahmawati, 2018), ukuran entitas (Rahmawati, 2018;Hashim dan Jambari, 2013;Putra dan Wilopo, 2017;Savitri et al, 2019), ukuran dewan komisaris (Al Daoud et al, 2014;Joened dan Damayanthi, 2016), umur entitas (Iyoha, 2012;AL-Tahat, 2015;Karlina, Lindrianasari dan Gamayuni, 2018), struktur kepemilikan (Savitri et al, 2019), jenis usaha (Iyoha, 2012;Alkhatib dan Marji, 2012), pertumbuhan entitas (AL-Tahat, 2015), leverage (Alkhatib dan Marji, 2012), temuan audit (Cagle, Flesher dan Pridgen, 2014;Karlina, Lindrianasari dan Gamayuni, 2018) opini audit (Cagle et al, 2014;Gajevszky, 2013;Putra dan Wilopo, 2017;Rahmawati, 2018), kemandirian daerah (Rachmawati, Rini dan Fitri, 2016), tipe pemda, jumlah SKPD, dan belanja daerah (Wicaksono dan Sutaryo, 2017).…”