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How Important Is Corporate Governance Features And The Lags On Audit Reports In Firm Performance: The Case Of Turkey

Author

Listed:
  • ŞİT Ahmet

    (Kilis 7 Aralık University, Turkey)

  • EKŞİ İbrahim Halil

    (Gaziantep University, Turkey)

  • BUYURAN Burcu

    (Gaziantep University, Turkey)

Abstract

The purpose of our article is to examine whether corporate governance dimensions and audit reporting lags affect firm performance in Turkey. In this article 30 firms operating in BIST 30 were used. Data cover the 2013-2019 periods. To analyze relationships between variables, we used the Westerlund Cointegration test and CCE Group Estimator. According to results, there is a long-term cointegrated relationship between dependent and independent variables in both models. In both models, there is significantly negative relationship between reporting lags and ROA/ROE. There is significantly positive relationship between firm performance and board independence. This study is one of the few studies measuring audit reporting lag and different corporate governance dimensions and their impact on firm financial performance in Turkey.

Suggested Citation

  • ŞİT Ahmet & EKŞİ İbrahim Halil & BUYURAN Burcu, 2022. "How Important Is Corporate Governance Features And The Lags On Audit Reports In Firm Performance: The Case Of Turkey," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 17(1), pages 218-237, April.
    • Handle: RePEc:blg:journl:v:17:y:2022:i:1:p:218-237
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    References listed on IDEAS

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