Financial performance, company size on the timeliness of financial reporting

https://doi.org/10.35912/amor.v2i4.975
Published: Feb 25, 2022

Abstract:

Purpose: Timeliness of corporate financial reports is a crucial factor it which affects the usefulness of information made available to stakeholders or external users, especially for investors. The aim of this study was to examine whether financial performance with profitability, company size, liquidity, leverage can affect the timeliness of financial reporting.

Research methodology: A causal relationship and quantitative research methods. This population was taken from industrial manufacturing companies listed on the Indonesia Stock Exchange. The total samples of this study are 30 manufacturing companies from the year 2016 to 2019. This research obtains 84 observation data and uses purposive sampling as a method to get the samples. The statistical with logistic regression for data analysis, used for this research method.

Result: We found in this research that profitability, company size, liquidity, and leverage have no significant effect on the timeliness of financial reporting.

Limitation: This finding has a weakness, namely, the coefficient of determination is low only 9.9 percent so the statistical result on this research is not able to generalize general results on the timeliness of financial reporting

Contribution: This study is useful in highlighting the timeliness of financial reporting should focus to aid in decision making by users and to avoid a company risk.

Keywords:
1. Firm Size
2. Leverage
3. Liquidity
4. Profitability
5. Timeliness of Financial Reporting
Authors:
1 . Agoestina Mappadang
Universitas Budi Luhur, Jakarta, Indonesia
2 . Agustinus Miranda Wijaya
Universitas Pancasila, Jakarta, Indonesia
3 . Luther Jusuf Mappadang
Politeknik Negeri Manado, Manado, Indonesia
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How to Cite
Mappadang, A., Wijaya, A. M., & Mappadang, L. J. (2022). Financial performance, company size on the timeliness of financial reporting. Annals of Management and Organization Research, 2(4), 225–235. https://doi.org/10.35912/amor.v2i4.975
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Issue & Section
Vol. 2 No. 4 (2021): May
Articles
References

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  1. BAPEPAM. (2011). Salinan Keputusan Ketua Badan Pengawas Pasar Modal dan Lembaga Keuangan Nomor: KEP-346/BL/2011 tentang Penyampaian Laporan Keuangan Berkala Emiten atau Perusahaan Publik.
  2. Darmawan, E. (2018). Analisis Faktor-Faktor yang Mempengaruhi Audit Delay pada Perusahaan- Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2014-2016. Jurnal Ilmiah Akuntansi Dan Keuangan.
  3. Dewayani, M. A., Amin, M. Al, & Dewi, V. S. (2017). Analisis Faktor-Faktor Yang Memengaruhi Ketepatan Waktu Pelaporan Keuangan ( Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2011-2016 ). University Research Colloquium, 441–458.
  4. Endri, E., Susanti, D., Hutabarat, L., Simanjuntak, T. P., & Handayani, S. (2020). Financial performance evaluation: Empirical evidence of pharmaceutical companies in Indonesia. Systematic Reviews in Pharmacy, 11(6). https://doi.org/10.31838/srp.2020.6.117.
  5. Firdaus, F., & Endri, E. (2020). Financial Statement Analysis?: Evidence from Indonesian Bank BUKU IV. International Journal of Innovative Science and Research Technology, 5(4).
  6. Harahap, I. M., Septiani, I., & Endri, E. (2020). Effect of financial performance on firms’ value of cable companies in Indonesia. Accounting, 6(6). https://doi.org/10.5267/j.ac.2020.7.008.
  7. Hery. (2017). Kajian Riset Akuntansi.
  8. Husain, T., & Syniuta, A. (2020). Audit Fee and “The Big-Four”: A Comparative Study at Initial Public Offerings (IPO) Companies in Indonesia Stock Exchange (IDX). Multidisciplinary European Academic Journal.
  9. Husain, T., & Wahyudi, R. (2020). Audit Quality Intercession: Financial Ratios and Firm’s Value.
  10. IAI. (2013). Pernyataan Standar Akuntansi Keuangan. Exposure Draft.
  11. Imaniar, F. Q., & K. (2016). Faktor-Faktor Yang Mempengaruhi Ketepatan Waktu Pelaporan Keuangan Perusahaan. Jurnal Ilmu Dan Riset Akuntansi, 5(6), 43–56.
  12. Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
  13. Keown, A. J., Martin, J. D., & Petty, J. W. (2014). Foundations of Finance: The Logic and Practice of Financial Management.
  14. Machmudin, B. (2018). Presiden Jadikan Making Indonesia 4.0 Sebagai Agenda Nasional. Kominfo.
  15. Mardiyati, U., Nusrati, D., & Hamidah. (2014). Pengaruh Free Cash Flow , Return on Assets , Total Assets Turnover Dan Sales Growth Terhadap Dividend Payout Ratio ( Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2008-2012 ). Jurnal Riset Manajemen Sains Indonesia (JRMSI), 5(2), 204–221.
  16. Mareta, S. (2015). Analisis Faktor-Faktor Yang Mempengaruhi Timeliness Publikasi Laporan… (Studi Empiris Pada Bursa Efek Indonesia). Jurnal Akuntansi, XIX(01), 93–108.
  17. Mutmainah. (2017). Saham Sektor Barang dan Konsumsi Jadi Primadona Pekan Lalu. CNN Indonesia.
  18. Nurmiati. (2016). Faktor-Faktor yang Mempengaruhi Penyerapan Anggaran. Fakultas Ekonomi Dan Bisnis Universitas Mulawarman, Indonesia, Jurnal Ekonomi Dan Manajemen, 13(2), 166–182.
  19. Pradipta, D. N., & Suryono, B. (2017). Analisis Faktor-Faktor Yang Mempengaruhi Ketepatan Waktu Pelaporan Keuangan. Jurnal Ilmu Dan Riset Akuntansi, 6(1).
  20. Ratnasari, R. B., Titisari, K. H., & S. (2016). PENGARUH VALUE ADDED INTELLECTUAL CAPITAL, GCG, DAN STRUKTUR KEPEMILIKAN TERHADAP KINERJA KEUANGAN. Journal of Economic and Economic Education, 4(2), 240–257.
  21. Ridwan, R., & Husain, T. (2017). Pengaruh Pengalaman Kerja Dan Pertimbangan Profesional Auditor Terhadap Kualitas Bahan Bukti Audit (Studi Empiris Pada Kantor Akuntan Publik di DKI Jakarta). MABISKA. Journal of Chemical Information and Modeling, 2(1), 1–15.
  22. Rinaldo, N. E., & Endri, E. (2020). Analysis of Financial Performance of Plantation Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2014-2019 Period. International Journal of Innovative Science and Research Technology, 5(4).
  23. Rosiana, A., & Mahardhika, A. S. (2020). Pengaruh Good Corporate Governance dan Intellectual Capital terhadap Kinerja Keuangan. Jurnal Universitas Sangga Buana.
  24. Sanjaya, I. M., & Wirawati, N. G. (2016). Analisis Faktor-Faktor Yang Mempengaruhi Ketepatan Waktu Pelaporan Keuangan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi Bisnis, 15(1), 17–26. https://doi.org/10.47663/abep.v6i1.47.
  25. Santosa, A. D. (2019). Analisis Multivariat (Cetakan Ketiga) (3 ed.). Yogyakarta: Penerbit Kepel Press.
  26. Shahnia, C., & Endri, E. (2020). Dupont Analysis for the financial performance of trading, service & investment companies in Indonesia. International Journal of Innovative Science and Research Technology, 5(4).
  27. Shahnia, C., Purnamasari, E. D., Hakim, L., & Endri, E. (2020). Determinant of profitability: Evidence from trading, service and investment companies in Indonesia. Accounting, 6(5). https://doi.org/10.5267/j.ac.2020.6.004.
  28. Subramanyam, K. (2014). Financial Statement Analysis (11 / International ed.). McGraw-Hill.
  29. Supranto, J., & Limakrisna, N. (2019). Petunjuk Praktis Penelitian Ilmiah untuk Menyusun Skripsi, Tesis dan Disertasi. Penerbit Mitra Wacana Media.
  30. Ulan Dewi, N. L., & Sudiartha, I. G. (2019). Pengaruh Profitabilitas, Likuiditas, Leverage, Dan Ukuran Perusahaan Terhadap Return Saham Pada Perusahaan Food and Beverage. E-Jurnal Manajemen Universitas Udayana, 8(2), 7892–7921. https://doi.org/10.24843/ejmunud.2019.v08.i02.p13.
  31. Weston, J, F. and Thomas, E, C. (1992). Managerial Finance. Jakarta: Binarupa Aksara.