Factors Affecting the Timeliness of Financial Reporting in Infrastructure, Utilities, and Transportation Companies

Abstract

This study examines the effect of managerial ownership, company size, and profitability on companies’ timeliness of financial report submissions. This study uses a sample of infrastructure, utility, and transportation companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2020. The sampling method used is purposive sampling. The number of companies sampled in this study is 24, with a two-year observation period resulting in a sample of 48 companies. The data used are secondary. The analysis technique used was binary logistic regression using IBM SPSS VERSION 26. The test results indicate that company size negatively and significantly affects the timeliness of financial report submission. In contrast, managerial ownership and profitability do not substantially impact the timeliness of financial report submission.