Timeliness Of Annual Financial Statement Submission: Preliminary Empirical Evidence From Indonesia
The study investigates the effects of size, profitability, and financial distress on information regulatory noncompliance (IRN) of firms listed in the Jakarta Stock Exchange (JSX). The firms’ IRN in this study is measured by the firm noncompliance on the timeliness regulation, i.e. whether firms...
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| Format: | Article |
| Language: | English |
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Asian Academy of Management (AAM)
2000
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| Online Access: | http://eprints.usm.my/35458/1/5-2-3.pdf |
| _version_ | 1825833282157150208 |
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| author | Na’im, Ainun |
| author_facet | Na’im, Ainun |
| author_sort | Na’im, Ainun |
| collection | USM |
| description | The study investigates the effects of size, profitability, and financial distress on
information regulatory noncompliance (IRN) of firms listed in the Jakarta Stock
Exchange (JSX). The firms’ IRN in this study is measured by the firm
noncompliance on the timeliness regulation, i.e. whether firms submit financial
statement to the Indonesian Capital Market Supervisory Agency (BAPEPAM) on,
before, or after the due date. The purpose of this study is to provide preliminary
empirical evidences about the timeliness of financial reporting which is still very
limited in emerging market such as Indonesia. This study found that return on asset
(ROA) is a determining factor to noncompliance behaviour of the firms in meeting
the timeliness requirement. Inconsistent with previous studies (e.g., Whittred 1980
and Givoly and Palmon 1982), this study found that auditor opinion has no
association with the noncompliance since most of the financial statements of
noncomplying firms have unqualified opinions. The results are partially consistent
with previous studies such as those of Schwartz and Soo (1996). |
| first_indexed | 2024-03-06T15:05:29Z |
| format | Article |
| id | usm.eprints-35458 |
| institution | Universiti Sains Malaysia |
| language | English |
| last_indexed | 2024-03-06T15:05:29Z |
| publishDate | 2000 |
| publisher | Asian Academy of Management (AAM) |
| record_format | dspace |
| spelling | usm.eprints-354582017-07-10T04:43:51Z http://eprints.usm.my/35458/ Timeliness Of Annual Financial Statement Submission: Preliminary Empirical Evidence From Indonesia Na’im, Ainun HD28-70 Management. Industrial Management The study investigates the effects of size, profitability, and financial distress on information regulatory noncompliance (IRN) of firms listed in the Jakarta Stock Exchange (JSX). The firms’ IRN in this study is measured by the firm noncompliance on the timeliness regulation, i.e. whether firms submit financial statement to the Indonesian Capital Market Supervisory Agency (BAPEPAM) on, before, or after the due date. The purpose of this study is to provide preliminary empirical evidences about the timeliness of financial reporting which is still very limited in emerging market such as Indonesia. This study found that return on asset (ROA) is a determining factor to noncompliance behaviour of the firms in meeting the timeliness requirement. Inconsistent with previous studies (e.g., Whittred 1980 and Givoly and Palmon 1982), this study found that auditor opinion has no association with the noncompliance since most of the financial statements of noncomplying firms have unqualified opinions. The results are partially consistent with previous studies such as those of Schwartz and Soo (1996). Asian Academy of Management (AAM) 2000 Article PeerReviewed application/pdf en http://eprints.usm.my/35458/1/5-2-3.pdf Na’im, Ainun (2000) Timeliness Of Annual Financial Statement Submission: Preliminary Empirical Evidence From Indonesia. Asian Academy of Management Journal (AAMJ), 5 (2). pp. 1-20. ISSN 1394-2603 http://web.usm.my/aamj/5.2.2000/5-2-3.pdf |
| spellingShingle | HD28-70 Management. Industrial Management Na’im, Ainun Timeliness Of Annual Financial Statement Submission: Preliminary Empirical Evidence From Indonesia |
| title | Timeliness Of Annual Financial Statement
Submission: Preliminary Empirical Evidence
From Indonesia |
| title_full | Timeliness Of Annual Financial Statement
Submission: Preliminary Empirical Evidence
From Indonesia |
| title_fullStr | Timeliness Of Annual Financial Statement
Submission: Preliminary Empirical Evidence
From Indonesia |
| title_full_unstemmed | Timeliness Of Annual Financial Statement
Submission: Preliminary Empirical Evidence
From Indonesia |
| title_short | Timeliness Of Annual Financial Statement
Submission: Preliminary Empirical Evidence
From Indonesia |
| title_sort | timeliness of annual financial statement submission preliminary empirical evidence from indonesia |
| topic | HD28-70 Management. Industrial Management |
| url | http://eprints.usm.my/35458/1/5-2-3.pdf |
| work_keys_str_mv | AT naimainun timelinessofannualfinancialstatementsubmissionpreliminaryempiricalevidencefromindonesia |