Chapter2011

Corporate Governance and Audit Report Timeliness: Evidence from Malaysia

Sherliza Puat Nelson · Siti Norwahida Shukeri

87 citations0/0 files storedResearch in accounting in emerging economies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Auditing, Earnings Management, Governance Corporate Finance and Governance Corporate Governance and Financial Management

Abstract

Purpose – The purpose of this study is to examine the impact of corporate governance characteristics on audit report timeliness in Malaysia. The corporate governance characteristics examined are board independence, audit committee size, audit committee meetings and audit committee members' qualifications.Design/Methodology/Approach – The sample comprises of 703 Malaysian listed companies from Bursa Malaysia, for the year 2009. It excludes companies from the finance-related sector as they operate under a highly regulated regime under supervision by the Central Bank of Malaysia. Further, regression analysis was performed to examine the audit report timeliness determinants.Findings – Results show that audit report timeliness is influenced by audit committee size, auditor type, audit opinion and firm profitability. However, no association was found between board independence, audit committee meetings, audit committee members' qualifications and audit report timeliness.Research limitations/Implications – It is a cross-sectional study of the year 2009. Practical implications for policy makers are consideration of the minimum submission period for audit reports Regulators' support for firms to have larger audit committee sizes is also discussed.Originality/Value – The study investigates the impact of corporate governance on audit timeliness in light of the recent amendments to the Malaysian Code of Corporate Governance made in 2007.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 87 citations exist upstream.

References

1983Separation of Ownership and Control 2004Audit Committee Characteristics and Restatements 2002Corporate Governance and the Audit Process*2001Additional Evidence on Audit Report Lag 2009Strengthening the Financial Reporting System: Can Audit Committees Deliver?2015International Business Research 1989Audit delay and the timeliness of corporate reporting*2006Corporate governance and audit process

Cited by

2013Determinants of Audit Report Lag and Corporate Governance in Malaysia 2019Audit committee chair accounting expertise and audit report timeliness 2018Impact of corporate governance attributes and financial reporting lag on corporate financial performance 2016Audit committee impact on the quality of financial reporting and disclosure 2020The extent of audit report lag and governance mechanisms 2018Lead engagement partner workload, partner-client tenure and audit reporting lag

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.