PENGARUH GCG DAN KARAKTERISTIK PERUSAHAAN TERHADAP TIMELINESS CORPORATE FINANCIAL REPORTING PADA PERUSAHAAN

Abstract

This research aimed to find out the effect of Good Corporate Governance (GCG) and company characteristics on the timelines of corporate financial reporting (TCFR) or the time punctuality in financial reports at food and beverage companies sub-sector listed on the Indonesia Stock Exchange 2022. Furthermore, TCFR was measured by the number of independent commissionaires on the board of commissionaires. The size of the company’s audit committee and firm size were measured by Log Natural from the company’s total assets in the book year. Moreover, profitability was measured by the Return on Asset ratio, and leverage was measured by the Debt to Asset ratio. Additionally, the data were secondary; in the form of financial and annual statements. The data collection technique used non-probability purposive judgmental sampling, with 88 companies as population. In line with that, there were 78 companies as the sample. In addition, the data analysis technique used multiple linear regression analysis with SPSS 27. The result concluded that the size of independent commissionaires, the size of the audit committee, and leverage did not affect the time punctuality in financial reports. On the other hand, both firm size and profitability affected the time punctuality in financial reports.