PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KETEPATAN WAKTU PELAPORAN KEUANGAN

Abstrak

This study aims to examine the effect of the corporate governance mechanism consisting of:
managerial ownership, institutional ownership, and audit committee, on the timeliness of
financial reporting. This research is a quantitative descriptive study. The population used by
the researcher is a manufacturing company in the consumer goods industry sector and the
basic and chemical industry sector. The sample used is purposive sampling, which is a
sample selected from the population with certain criteria so that the financial statements of
30 manufacturing companies are obtained. The test results show that all variables have a
significant effect both simultaneously and partially, namely the managerial ownership
variable shows significant results, meaning that managerial ownership affects the timeliness
of financial reporting. Institutional ownership variable shows significant results, meaning
that institutional ownership affects the timeliness of financial reporting. The audit committee
variable shows significant results, meaning that the audit committee has a significant effect
on the timeliness of financial reporting. Meanwhile, the simultaneous test shows significant
results, which means that Managerial Ownership, Institutional Ownership, and the Audit
Committee have a significant effect on the timeliness of financial reporting. The limitations of
this study are the lack of a broad research area in manufacturing and only focusing on a few
sectors in manufacturing companies, this research can be a reference for companies to
improve Corporate Governance Mechanisms so that companies become more developed.