ANALISIS FAKTOR-FAKTOR YANG BERPENGARUH TERHADAP KETEPATAN WAKTU PENYAMPAIAN LAPORAN KEUANGAN PADA PERUSAHAAN YANG LISTING DI BURSA EFEK INDONESIA

Abstract

This research is aimed to analyzes the factors that influence of timely submission of financial statements of listed companies in Indonesia. Factors tested in this study are profitability, liquidity, financial leverage, firm size, complexity of companies operations, public ownership, accounting firms reputation, and auditors opinion as independent variable whereas timely submission as dependen variable. The study sample consisted of 296 companies listed on the Indonesian stock exchange (IDX) and submit financial reports to Bapepem in the period 2009 – 2011. Data used in this study is secondary data and the selection of the sample by using purposive sampling. Analysis tool used is the logistic regression analysis at a significance level 5%. Hypothesis testing results show that profitabilty, firm size, complexity of companies operations, public ownership, and accounting firms reputation significantly influence the timeliness of financial statement however, no evidence that liquidity, finacial leverage and auditors opinion influence the timeliness of financial statement. From the eight variables studied only five variables that significantly affect the timeliness of financial statement namely profitability, firm size, complexity of companies operations, public ownership, and accounting firms reputation.