PaperASIA : Corporate Governance Factors and Financial Reporting Timeliness: A Systematic Review and Future Research - 2024

Anwary Syuhaily, Rosly and Rohami, Shafie and Rokiah, Ishak (2024) PaperASIA : Corporate Governance Factors and Financial Reporting Timeliness: A Systematic Review and Future Research - 2024. PaperASIA, 40 (3b). ISSN 0218-4540

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Abstract

One of the crucial elements influencing the level of financial reporting is timeliness, which is also a characteristic of good governance; thus, this study reviews and synthesises existing literature on corporate governance factors that influence financial reporting timeliness. This systematic review is based on twenty articles published in the Scopus, Emerald, and Web of Science databases. By examining publications that employ measurements of financial reporting timeliness, five corporate governance factors can influence financial reporting timeliness. The systematic review findings show that specific characteristics of the audit committee, board of directors, size of audit firm, chief executive officer and chief financial officer influence the timeliness of financial reporting. The study also discovered the need to appoint an audit committee chairperson with accounting expertise and public accounting experience, which can improve financial reporting timeliness. Due to search constraints, this study may have excluded relevant publications. This study contributes to the academic discourse on agency theory in corporate governance, enhancing understanding and reducing management's opportunistic behaviour to achieve the company's goals and reduce agency costs. Furthermore, it can significantly assist legislators in resolving the highly debated issue of financial reporting timeliness by developing and improving guidelines and regulations for public companies.

Item Type:	Article
Uncontrolled Keywords:	Systematic review, Financial reporting timeliness, Corporate governance
Divisions:	Institute of Graduate Studies (IGS)
Depositing User:	Mrs Shariffah Shuhaiza Syed Mohd Nor
Date Deposited:	19 Jun 2025 01:12
Last Modified:	19 Jun 2025 01:12
URI:	http://eprints.kuptm.edu.my/id/eprint/4461

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