Pengaruh Mekanisme Corporate Governance Terhadap Ketepatan Waktu Pelaporan Keuangan (Studi Empiris Pada Perusahaan Perbankan Milik Pemerintah Pusat)

Abstract

This study aims to examine the effect of corporate governance mechanism on the timeliness of financial reporting. The sample of this study are four central banking companies listed in Indonesia Stock Exchange (IDX) selected based on purposive sampling method. The method of data analysis used in this study is multiple regression models. Based on the hypotheses testing result, that the managerial ownership and audit committee have a positive and significant effect on the timeliness of financial reporting, while independent commissioner has no effect on the timeliness of financial reporting

Do Good Corporate Governance and Profitability Affect Companies on Submitting the Annual Financial Report on Time?

“…If a company has at least three members of committee audit, it could be said that it helps the company to improve the company performance. This result supports the study conducted by [2], [17], and [18]. The Audit committee helps the auditor to hasten the process of financial statement auditing.…”

“…Thus, an independent commissioner has no effect on the financial statement's timeliness. This result supports previous research conducted by [18]. Even though the company has applied the principles of corporate governance, the amount of independent commissioner has nothing to do to help quicken the delivery of company's financial statements [18].…”

Corporate Governance and Profitability on the Timeliness of Financial Reporting: An Empirical Study of the Mining Sector

“…The company will be categorized on time if the financial statements are submitted before May 1, while the company is categorized as not timely if the company submits financial statements after April 30. Category 0 (zero) for companies that are not on time and category 1 (one) for companies that are timely in the submission of financial statements (Rivandi & Gea, 2018 The company's ability to generate profits about the use of assets for a period contained in the financial statements (Astuti & Erawati, 2018) ROA = (Net Income After Tax / Total Asset) x 100%…”

“…The audit committee's responsibilities in reviewing work results and developing close working relationships with external auditors and independent auditors. The audit committee within the company is expected to have a working relationship and empower the internal auditor the company's internal control system in conducting accuracy in the delivery of a financial report (Rivandi & Gea, 2018). Institutional ownership is ownership of shares owned by the institution.…”

Bahasa Indonesia

“…Namun ternyata dalam penelitian ini menunjukkan bahwa tidak adanya pengaruh proporsi dewan komisaris independen terhadap keterlambatan publikasi laporan keuangan. Hasil penelitian ini mendukung beberapa penelitian sebelumnya yang telah dilakukan oleh Bemby, Abukosim, Mukhtaruddin & Mursidi (2013), Arisandika, Yulistia & Rifa (2016) serta Rivandi & Gea (2018). Secara statistik, dapat dilihat bahwasanya rerata tingkat proporsi dewan komisaris independen pada perusahaan sampel yang diuji telah berada pada kisaran 39% dimana jumlah tersebut telah melebihi tingkat proposi komisaris independen yang ditetapkan oleh Bursa Efek Indonesia yakni sebesar 30% (Joened & Damayanthi, 2016).…”