Timeliness for Submitting Financial Statements to Mining Companies in Indonesia

Abstract

With profitability serving as a moderating variable, the objective of this study is to objectively evaluate the impact of firm size on the timely submission of financial statements. This study makes use of secondary data and a quantitative methodology. A purposeful sample was chosen from a population of companies in the mining industry that will be listed on the IDX between 2019 and 2021. The moderated regression analysis method of the SPSS application was used to evaluate the hypothesis. The study's findings show that while profitability can increase or decrease a company's size's effect on how quickly financial statements are released, a financial statement's size by itself has no bearing on when it must be submitted. Future research on firm age can be guided by the study's findings. Next research may concentrate on the company's changeable age depending on the study's findings. Businesses having a longer lifespan gain expertise in data collection, processing, and output because age influences how investors deploy their capital. At that point, the company's age will start to affect how quickly financial statements are submitted.