PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP KETEPATAN WAKTU PELAPORAN KEUANGAN

Abstract

This research aimed to provide empirical evidence regarding the effect of Good Corporate Governance on the
timeliness of financial reporting. While, timeliness of financial statement submission is one of the important
indicators which can be used by users of financial statement in making decision. Therefore, the information
contains in financial statement will become irrelevant since it is too late in the submission. Meanwhile, Good
Corporate Governance was measured by independent commissioners, foreign ownership, audit committee
meetings and audit quality. The population was Property and Real Estate companies which were listed on
Indonesia Stock Exchange (IDX). Moreover, there was 92.9% of companies which submitted their financial
statements on time, as 7.1% were found not to be on time in delivering their financial statements.
Furthermore, the data analysis technique used logistic regression analysis, with significance of 0.05 with
SPSS 25. From hypothesis testing result, it concluded independent commissioner (KI) had signifance of
0.025. This meant, the independent commissioner affected the timeliness of financial reporting. On the other
hand, foreign ownership (KPAS), audit committee meeting (RKA) and audit quality (KA) simultaneously did
not affect the timeliness of financial reporting
Keyword: timeliness, independet commissioner, foreign ownership, committee meeting, audit quality