IDEAS home Printed from
   My bibliography  Save this article

Timeliness of Annual Reports of Chinese Listed Companies


  • Jianling Wang
  • Lin Song


The timeliness of annual reports has received serious attention by the Chinese regulatory and professional bodies in recent years. Using 8294 company reports from the Chinese listed companies during 1993-2003, this paper analyzes the timeliness of annual reports by first examining the trend of reporting lags, separating the effects of 'good' and 'bad' news on timeliness, and then by using a multivariate regression to identify the determinants of reporting lags. It is found that there is a significant improvement on timeliness of reports although the shortening of reporting lags shows a U-shape over the data period. There is strong evidence that reporting lags were related to firm performance as bad news tended to hold back timely release of corporate reports. It is interesting to note that government policies have also played an important role in improving timeliness of corporate annual reporting in China but much more work needs to be done to make sure that listed companies provide more timely and reliable reports to investors and regulatory authorities.

Suggested Citation

  • Jianling Wang & Lin Song, 2006. "Timeliness of Annual Reports of Chinese Listed Companies," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 4(3), pages 241-257.
  • Handle: RePEc:taf:jocebs:v:4:y:2006:i:3:p:241-257
    DOI: 10.1080/14765280600995538

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Ibadin Lawrence Ayemere Ph.D & Afensimi Elijah, 2015. "Corporate Attributes and Audit Delay in Emerging Markets: Empirical Evidence from Nigeria," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(3), pages 1-10, March.
    2. Wafa Al-Ghanem & Mohamed Hegazy, 2011. "An Empirical Analysis of Audit Delays and Timeliness of Corporate Financial Reporting in Kuwait," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 1(1), pages 73-90, June.

    More about this item


    Annual report; timeliness; Chinese listed companies; JEL Classification: G14; G38;

    JEL classification:

    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jocebs:v:4:y:2006:i:3:p:241-257. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.