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The Relationship Between Corporate Governance And Financial Reporting Timeliness For Companies Listed On Egyptian Stock Exchange “An Empirical Study”

Author

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  • Younes H. AKLE

    (Faculty of Commerce and Business Administration, The University of Helwan, Ain Helwan, Cairo)

Abstract

This study empirically investigates the relationship between the timeliness of corporate financial reporting and Corporate Governance for companies listed on Egyptian stock exchange during the period from 1998 to 2007. It investigates the role of corporate governance level on the timeliness of corporate financial reporting; it also investigates the relationship between industry type, company size, gearing, leverage, earnings quality, earnings management, electronic disclosure, audit opinion and the timeliness of corporate financial reporting. The results show that Egyptian publicly listed firms have taken less timeliness to publish their annual financial reporting since application corporate governance principals, the average of days lag between the end of the financial year and the publication of annual reporting has decreased from 134 days in 1998 to 72 days in 2007.

Suggested Citation

  • Younes H. AKLE, 2011. "The Relationship Between Corporate Governance And Financial Reporting Timeliness For Companies Listed On Egyptian Stock Exchange “An Empirical Study”," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 30(2(22)), pages 81-90, June.
    • Handle: RePEc:ath:journl:tome:22:v:2:y:2011:i:22:p:81-90
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    File URL: http://aimr.univath.ro/archive/atharticles/2011-2/2011-2-5.pdf
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    References listed on IDEAS

    as
    1. Lev, B & Zarowin, P, 1999. "The boundaries of financial reporting and how to extend them," Journal of Accounting Research, Wiley Blackwell, vol. 37(2), pages 353-385.
    2. Vitalii Aleksandrovich Gorokhov & Galina Stanislavovna Yakovleva, 0. "Naturalization of Athletes and Nation-building in the Light of the XXII Winter Olympic Games in Sochi," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 2.
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    Cited by:

    1. Andra GAJEVSZKY, 2013. "The Timeliness Of Financial Reporting In The Context Of European Union’S Emerging Economies," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 2, pages 73-82, October.

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    More about this item

    Keywords

    Corporate Governance; financial reporting; accounting standards;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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