Profitability, Liquidity, Size, Reputation of Public Accounting and Timeliness Reporting Financial Statement: An Analysis of Manufacturing Company Overview in Indonesia

Abstract

This study aims to find empirical evidence about the factors that affect the timely delivery of the financial statement of manufacturing companies listed on profitability, liquidity, size, and the reputation of the public accounting firm on the timelines of financial statements. The population of this research is manufacturing companies listed on the Indonesia Stock Exchange. The sampling method uses purposing sampling with the study period of 2015 to 2018 and obtained as many as 568 companies. The data analysis technique used is logistic regression. The results of this study indicate that the profitability and reputation of the accounting firm have a significant positive effect on the timeliness of financial reporting,while liquidity and company size does not affect the timeliness of financial reporting.

The Relationship Between Audit Firm Reputation and the Accuracy of Auditor’s Opinion Concerning Going Concern: The Moderating Role of Exchange Rate Floatation

“…Prior literature relates audit firm reputation with the audit firm size (Badawy and Zaki, 2023;DeAnglo, 1981). In the same context, according to the signaling theory, choosing high quality auditors, such as Big 4 audit firms, will send a good signal to the market and stakeholders (Sunarto et al, 2021). Because a good audit firm reputation is related to high audit quality, investors and other stakeholders will have more trust in the company's financial performance and position (Badawy and Zaki, 2023).…”

Testing the influence of factors on the timeliness of financial reporting – Empirical evidence of Vietnamese listed enterprises

“…The theory is also explained by the fact that a party provides information from enterprises to emit signals about financial information to users (Akerlof, 1970). It is an opportunity to create an advantage and brand for their business activities compared to other enterprises so that information user can better understand the business situation of enterprises (Sunarto et al, 2020). The theory is applied to test the influence of the characteristics of the firm on TID.…”

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

“…The study concluded that profitability is the most significant company specific determinant of Audit Report Lag. Sunarto et al (2020) concluded that large firms use reputable audit firms that they perform audits more efficiently so they will produce fairness information in their financial statements. Dewi et al (2019), while employing signaling theory, examined and analyzed the association between audit tenure and financial distress on delay in publication of financial statement in Indonesia.…”

“…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.…”

“…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 geographical gaps because they were not conducted in Kenya. This implies that the results may be inapplicable in Kenya since the social economic environment of Kenya and other countries differ.…”