Struktur Kepemilikan dan Audit Report Lag Pada Industri Perbankan di Asia Tenggara
Abstract
This study aims to examine the effect of ownership structure on audit report lag in the banking industry in Southeast Asia. The banking industry has different characteristics and operational mechanisms from other industries so that the role of ownership and external auditors is important for the banking industry. 2020 is the year the ASEAN Economic Community (AEC) was implemented in Southeast Asian countries. Industry competition, especially the banking industry between countries, is getting tighter. Therefore, the banking industry is increasingly expanding its network, operational efficiency, increasing the role of resources including investors in the supervisory function in order to be able to compete globally. Ownership structure is important in determining company policy. The data obtained from purposive sampling were 266 sample data for the 2017- 2019 research period. Hypothesis testing uses regression testing and the test results show that only foreign ownership has a significant effect on the audit report lag. On the other hand, managerial ownership, institutional ownership and public ownership have no significant effect on the audit report lag.
References
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Lienardi, Vega.,& Widyastuti, T. D. (2015). Analisis Pengaruh Persentase Kepemilikan Asing, Latar Belakang Pendidikan Komite Audit, Ukuran Kap,Umur Perusahaan, Profitabilitas, Dan Solvabilitas, Terhadap Audit Delay. Balance Unika Atma Jaya, 2(1), 196–226.
M. Naimi, Noor; Rohami, Shafei; Wan, N. (2010). Corporate Governance and Audit Report Lag in Malaysia. AAMIAF, 6(2), 57–84.
Masciandaro, D., Peia, O., & Romelli, D. (2020). Banking supervision and external auditors : Theory and empirics. Journal of Financial Stability, 46, 100722. https://doi.org/10.1016/j.jfs.2019.100722
Wahab, E. A. A., Gist, W. E., & Majid, W. Z. N. A. (2014). Characteristics of non-audit services and financial restatements in Malaysia. Journal of Contemporary Accounting and Economics, 10(3), 225–247. https://doi.org/10.1016/j.jcae.2014.10.001
Wan-Hussin, W. N., & Bamahros, H. M. (2013). Do investment in and the sourcing arrangement of the internal audit function affect audit delay? Journal of Contemporary Accounting and Economics, 9(1), 19–32. https://doi.org/10.1016/j.jcae.2012.08.001
Adiyono, Meitta., & Sambuaga, E. (2019). Penentu Audit Report Lag Pada Perusahaan Terbuka di Indonesia, Filipina, Malaysia dan Singapura. In Business Knowledge to be Elevated: Advancing Disruptive Innovation (pp. 543–557). Jakarta: Universitas Pelita Harapan Indonesia.
Agyei-Mensah, B. K. (2018). Impact of corporate governance attributes and financial reporting lag on corporate financial performance. African Journal of Economic and Management Studies, 9(3), 349–366. https://doi.org/10.1108/AJEMS-08-2017-0205
Ahmad, Maslina., Mohamed, Hamidah.,& Nelson, S. P. (2016). The Asspciation Between Industry Specialist Auditor and Financial Reporting Timeliness-Post MRFS Period. Procedia - Social and Behavioral Sciences, 219(1), 55–62. https://doi.org/10.1016/j.sbspro.2016.04.036
Akhor, S. O., & Oseghale, E. O. (2017). An empirical investigation of audit committee attributes and financial reporting lag in Nigeria banking sector. Journal of Accounting and Financial Management, 3(2), 25–38.
Alfraih, M. M. (2016). Corporate governance mechanisms and audit delay in a joint audit regulation. Journal of Financial Regulation and Compliance, 24(3), 292–316. https://doi.org/10.1108/JFRC-09-2015-0054
Andriana, D. (2015). Pengaruh Profitabilitas Dan Kepemilikan Publik Terhadap Ketepatan Waktu Penyampaian Laporan Keuangan. Jurnal Riset Akuntansi Dan Keuangan, 3(2), 675–687.
Ausloos, M., Eskandary, A., Kaur, P., & Dhesi, G. (2019). Evidence for Gross Domestic Product growth time delay dependence over Foreign Direct Investment . A time-lag dependent correlation study. Physica A, 527, 121181. https://doi.org/10.1016/j.physa.2019.121181
Basuony, M. A. K., Mohamed, E. K. A., Hussain, M. M., & Marie, O. K. (2016). Board characteristics, ownership structure and audit report lag in the Middle East. International Journal of Corporate Governance, 7(2), 180. https://doi.org/10.1504/IJCG.2016.078388
Chen, Z., Du, J., Li, D., & Ouyang, R. (2013). Does foreign institutional ownership increase return volatility ? Evidence from China. Journal of Banking and Finance, 37(2), 660–669. https://doi.org/10.1016/j.jbankfin.2012.10.006
Fakhfakh Sakka, I., & Jarboui, A. (2016). Audit reports timeliness: Empirical evidence from Tunisia. Cogent Business and Management, 3(1), 1–13. https://doi.org/10.1080/23311975.2016.1195680
Hasanudin, A. I. (2020). Pengungkapan Pengendalian Internal : Esensi Komisaris Independen dan Struktur Kepemilikan Industri Perbankan di Indonesia. Jurnal Riset Akuntansi Terpadu, 13(1), 93–113.
Hassan, Y. M. (2016). Determinants of audit report lag : evidence from Palestine. Journal of Accounting in Emerging Economic, 6(1), 13–32. https://doi.org/10.1108/JAEE-05-2013-0024
Irman, M., Hayati, R., Agia, L. N., History, A., Online, P., Riau, U. I., & Riau, U. I. (2020). Journal of Applied Business and Technology An Empirical Study of The Determinants of Audit Report Delay in Indonesia Banking. Journal of Applied Business and Technology, 1(3), 205–211.
Ishak, I., Muhammad Sidek, A. S., & Rashid, A. A. (2010). The Effect Of Company Ownership On The Timeliness Of Financial Reporting: Empirical Evidence From Malaysia. Unitar E-Journal, 6(2).
Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.2139/ssrn.94043
Lienardi, Vega.,& Widyastuti, T. D. (2015). Analisis Pengaruh Persentase Kepemilikan Asing, Latar Belakang Pendidikan Komite Audit, Ukuran Kap,Umur Perusahaan, Profitabilitas, Dan Solvabilitas, Terhadap Audit Delay. Balance Unika Atma Jaya, 2(1), 196–226.
M. Naimi, Noor; Rohami, Shafei; Wan, N. (2010). Corporate Governance and Audit Report Lag in Malaysia. AAMIAF, 6(2), 57–84.
Masciandaro, D., Peia, O., & Romelli, D. (2020). Banking supervision and external auditors : Theory and empirics. Journal of Financial Stability, 46, 100722. https://doi.org/10.1016/j.jfs.2019.100722
Wahab, E. A. A., Gist, W. E., & Majid, W. Z. N. A. (2014). Characteristics of non-audit services and financial restatements in Malaysia. Journal of Contemporary Accounting and Economics, 10(3), 225–247. https://doi.org/10.1016/j.jcae.2014.10.001
Wan-Hussin, W. N., & Bamahros, H. M. (2013). Do investment in and the sourcing arrangement of the internal audit function affect audit delay? Journal of Contemporary Accounting and Economics, 9(1), 19–32. https://doi.org/10.1016/j.jcae.2012.08.001
Published
2021-09-30
How to Cite
RAMADHANI, Adhi Fitra; SUPRIYATI, Supriyati.
Struktur Kepemilikan dan Audit Report Lag Pada Industri Perbankan di Asia Tenggara.
SAR (Soedirman Accounting Review) : Journal of Accounting and Business, [S.l.], v. 6, n. 1, p. 26-36, sep. 2021.
ISSN 2598-0718.
Available at: <https://jos.unsoed.ac.id/index.php/sar/article/view/3983>. Date accessed: 23 feb. 2025.
doi: https://doi.org/10.20884/1.sar.2021.6.1.3983.
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Articles
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