The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company
The purpose of this study is to investigate the role of the annual general assembly's deadline of the parent company on subsidiaries’ audit report lag (ARL). For this purpose, 1119 observations from annual financial reports of listed and unlisted companies from 2014 to 2022 are collected. The r...
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| Format: | Article |
| Language: | fas |
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Alzahra University
2024-03-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | https://jera.alzahra.ac.ir/article_7587_9fe1467c6df494b1ae3f7a7451c3db2a.pdf |
| _version_ | 1797209653263728640 |
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| author | Fakhroddin MohammadRezaei Fakhroddin Amini Samira Joudi |
| author_facet | Fakhroddin MohammadRezaei Fakhroddin Amini Samira Joudi |
| author_sort | Fakhroddin MohammadRezaei |
| collection | DOAJ |
| description | The purpose of this study is to investigate the role of the annual general assembly's deadline of the parent company on subsidiaries’ audit report lag (ARL). For this purpose, 1119 observations from annual financial reports of listed and unlisted companies from 2014 to 2022 are collected. The results reveal that there is a direct relationship between the ARL of the subsidiary company and each of the three variables - the deadline of the parent company’s general assembly in the current year, the deadline of the parent company’s general assembly in the previous year, and the average of ARL of the parent company in the last 4 years. The findings of the present study indicate that the relationship between the parent company and the subsidiary is not only effective in the operation of the subsidiary company but can also affect its financial reporting policies. Considering the increasing number of business groups in recent decades, the evidence provided by this research can highlight the importance of the parent company's financial reporting policies on the financial reporting procedures of subsidiaries for a wide range of users such as auditors, capital market participants, and oversight bodies |
| first_indexed | 2024-04-24T09:58:07Z |
| format | Article |
| id | doaj.art-dddab8bd90564f438a3b91bc3ec48821 |
| institution | Directory Open Access Journal |
| issn | 2251-8509 2538-1520 |
| language | fas |
| last_indexed | 2024-04-24T09:58:07Z |
| publishDate | 2024-03-01 |
| publisher | Alzahra University |
| record_format | Article |
| series | پژوهشهای تجربی حسابداری |
| spelling | doaj.art-dddab8bd90564f438a3b91bc3ec488212024-04-14T06:39:29ZfasAlzahra Universityپژوهشهای تجربی حسابداری2251-85092538-15202024-03-01141336210.22051/jera.2024.45422.31777587The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent CompanyFakhroddin MohammadRezaei0Fakhroddin Amini1Samira Joudi2Assistant Professor, Faculty of Finance, University of Kharazmi, Tehran, IranMSc, Accounting Department, Faculty of Finance, University of Kharazmi, Tehran, Iran,PhD, Accounting Department, Faculty of Economics and Management, Urmia University, Urmia, IranThe purpose of this study is to investigate the role of the annual general assembly's deadline of the parent company on subsidiaries’ audit report lag (ARL). For this purpose, 1119 observations from annual financial reports of listed and unlisted companies from 2014 to 2022 are collected. The results reveal that there is a direct relationship between the ARL of the subsidiary company and each of the three variables - the deadline of the parent company’s general assembly in the current year, the deadline of the parent company’s general assembly in the previous year, and the average of ARL of the parent company in the last 4 years. The findings of the present study indicate that the relationship between the parent company and the subsidiary is not only effective in the operation of the subsidiary company but can also affect its financial reporting policies. Considering the increasing number of business groups in recent decades, the evidence provided by this research can highlight the importance of the parent company's financial reporting policies on the financial reporting procedures of subsidiaries for a wide range of users such as auditors, capital market participants, and oversight bodieshttps://jera.alzahra.ac.ir/article_7587_9fe1467c6df494b1ae3f7a7451c3db2a.pdfaudit report lagparent companysubsidiary companydeadline of the parent company’s general assembly |
| spellingShingle | Fakhroddin MohammadRezaei Fakhroddin Amini Samira Joudi The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company پژوهشهای تجربی حسابداری audit report lag parent company subsidiary company deadline of the parent company’s general assembly |
| title | The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company |
| title_full | The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company |
| title_fullStr | The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company |
| title_full_unstemmed | The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company |
| title_short | The Audit Report Lag of Subsidiaries: The Role of Deadline Determined by Parent Company |
| title_sort | audit report lag of subsidiaries the role of deadline determined by parent company |
| topic | audit report lag parent company subsidiary company deadline of the parent company’s general assembly |
| url | https://jera.alzahra.ac.ir/article_7587_9fe1467c6df494b1ae3f7a7451c3db2a.pdf |
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