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Financial stress and timeliness of Financial reporting

    Authors

    1 PhD student, Department of Accounting, Gorgan branch, Islamic Azad University, Gorgan, Iran

    2 Department of Accounting, Aliabad Katoul Branch, Islamic Azad University, Aliabad Katoul, Iran

    3 Department of Accounting, Gorgan Branch, Islamic Azad University, Gorgan, Iran.

    4 Department of Accounting, Gorgan Branch, Islamic Azad University, Gorgan, Iran

,

Document Type : Research Paper

Abstract

Purpose: The purpose of this research is to study the effect of financial stress on the timeliness of accounting financial reporting in companies listed on the Tehran Stock Exchange.
Method: In order to investigate this goal, two explanatory hypotheses and information related to 152 stock exchange member companies for the period of 2017 to 2022 were analyzed. The regression model used in this research was a panel data method with a combined approach.
Results:The results showed that financial stress has a positive and significant relationship with the start and finish of preparing financial reports, but it has no positive but significant relationship with late registration.
Conclusion:According to the findings of the research, management decisions can reduce financial stress and be effective in the timely presentation of financial reports to help investors as an effective informational and operational tool in the evaluation, analysis and analysis of reports.
Contribution:This study will provide evidence of its impact on the timeliness of accounting financial reporting as one of the effective factors in investment by using updated indicators involved in financial stress. It seems that these indicators have not been investigated so far and The results of the review develop the theoretical literature in this field. Also, the findings can help in recognizing and reducing the level of financial stress indicators in companies and also be useful for investors who seek to reduce risk and riskiness of investment.
 

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References
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Financial Accounting Knowledge
Volume 11, Issue 1 - Serial Number 40
April 2024
Pages 139-157
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