文章基本信息

标题：Determinants of Audit Report Lag and Corporate Governance in Malaysia
本地全文：下载
作者：Kogilavani Apadore ; Marjan Mohd Noor
期刊名称：International Journal of Business and Management
印刷版ISSN：1833-3850
电子版ISSN：1833-8119
出版年度：2013
卷号：8
期号：15
页码：151
DOI：10.5539/ijbm.v8n15p151
出版社：Canadian Center of Science and Education
摘要：Inevitably, an accurate and timely financial statement contributes enormously to the success of manyorganizations. Therefore, accuracy and availability about financial information is vital for investors andshareholders in order to ease their decision making process. This paper aims to analyze the relation between thecharacteristics of corporate governance; board independence, ownership concentration, audit committeeindependence, expertise, meeting, size, internal audit investment and audit report lag among companies listedunder Bursa Malaysia. The samples covered are among 180 companies listed at Bursa Malaysia for 2009 and2010. The samples were chosen randomly from 843 companies, the population. Descriptive statistics have beenused to provide better perception of the length of time needed by an auditor, to complete an audit. The resultsshow that in average, the companies took about 100 days to complete their audit report with maximum andminimum days of 148 days and 26 days respectively. In addition, regression analysis was used to provideempirical evidence on which variables had strong bonding with audit report lag. The outcomes elicit that auditcommittee size, ownership concentration; organization size and profitability are significantly associated withaudit report lag. However the other six variables (audit committee independence, meetings, expertise and typesof auditors) were found to have insignificant relationship with audit report lag.