Financial statement filing lags: An empirical analysis among small firms

被引：26
作者：
Luypaert, Mathieu [1 ,2 ,3 ]
Van Caneghem, Tom [4 ]
Van Uytbergen, Steve [4 ]
机构：
[1] Vlerick Business Sch, Corp Finance, Ghent, Belgium
[2] Vlerick Business Sch, Masters Gen Management, Ghent, Belgium
[3] Katholieke Univ Leuven, Brussels, Belgium
[4] Katholieke Univ Leuven, Fac Econ & Business, Warmoesberg 26, B-1000 Brussels, Belgium
来源：
INTERNATIONAL SMALL BUSINESS JOURNAL-RESEARCHING ENTREPRENEURSHIP | 2016年 / 34卷 / 04期
关键词：
filing requirements; financial reporting; reporting lag; small firms; EARNINGS MANAGEMENT; PRIVATE FIRMS; TIMELINESS; AUDIT; QUALITY; INFORMATION; PERFORMANCE; COMPANIES; EQUITY; GROWTH;
D O I：
10.1177/0266242615569324
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines financial statement filing lags among a sample of Belgian small firms. Our results indicate that around one-third of small firm financial statements are filed late (after the legal deadline), but that monetary sanctions could be an effective tool to encourage compliance with legal deadlines. Whereas the deadline and late filing sanctions are filing incentives, various factors, such as firm size and presence of an external financial statement audit, also affect financial statement filing lags. Evidence indicated that extremely late filings were associated with lower financial statement quality.
引用
收藏
页码：506 / 531
页数：26
相关论文
共 89 条
  • [1] Implementing matching estimators for average treatment effects in Stata
    Abadie, Alberto
    Drukker, David
    Herr, Jane Leber
    Imbens, Guido W.
    [J]. STATA JOURNAL, 2004, 4 (03) : 290 - 311
  • [2] The Demand for Financial Statements in an Unregulated Environment: An Examination of the Production and Use of Financial Statements by Privately Held Small Businesses
    Allee, Kristian D.
    Yohn, Teti Lombardi
    [J]. ACCOUNTING REVIEW, 2009, 84 (01) : 1 - 25
  • [3] Ang J.S., 1991, Journal of Small Business Finance, V1, P1, DOI DOI 10.57229/2373-1761.1108
  • [4] [Anonymous], 2003, SMALL ENTERPRISE FIN
  • [5] [Anonymous], 2010, CONC FRAM FIN REP 20
  • [6] [Anonymous], 1978, Statement of financial accounting concepts No 1 Objectives of financial reporting by business enterprises
  • [7] [Anonymous], 2000, Journal of International Financial Management Accounting
  • [8] Mandatory accounting disclosure by small private companies
    Arrunada, Benito
    [J]. EUROPEAN JOURNAL OF LAW AND ECONOMICS, 2011, 32 (03) : 377 - 413
  • [9] Atiase R., 1989, Contemporary Accounting Research, P526
  • [10] Do earnings reported under IFRS tell us more about future earnings and cash flows?
    Atwood, T. J.
    Drake, Michael S.
    Myers, James N.
    Myers, Linda A.
    [J]. JOURNAL OF ACCOUNTING AND PUBLIC POLICY, 2011, 30 (02) : 103 - 121
123456789