ANALYSIS OF FACTORS AFFECTING THE TIMELINESS OF FINANCIAL REPORTING (A STUDY ON JAKARTA ISLAMIC INDEX (JII) COMPANIES LISTED IN INDONESIA STOCK EXCHANGE)

Abstract

This research aims to know the empirical evidence as factors that affect to the timeliness of financial reporting on Jakarta Islamic Index (JII) companies that is listed in Indonesia Stock Exchange. The factors are analyzed in this researh are size of company, profitability (ROA), age of company, solvency (debt to total assets ratio), and audit firm. Sample of this research is 29 companies listed in Indonesia Stock Exchange period 2011-2013 that is selected by using purposive sampling method. This research is tested by multiple regression on significance level 5%. The study found that the mean of timeliness of financial reporting is 78 days. This study also found that the size of company and audit firm affect to the timeliness of fnancial reporting, whereas the profitability (ROA), age of company and solvency (debt to total assets ratio) do not affect to the timeliness of financial reporting.