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Does board composition impact the timeliness of financial reporting? Evidence from Swedish privately held companies

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  • Alexeyeva, Irina

Abstract

Timeliness is an essential factor for the relevance of financial reporting information. However, the role of corporate governance in influencing financial reporting is largely unknown. This study is the first to investigate whether board composition influences the timeliness of financial reporting in private firms. Using a sample of 8,095 Swedish companies, I find that more independent, gender diverse, and larger boards tend to file their accounts in a timely fashion. These findings suggest that board composition considerably influences reporting behavior in private companies.

Suggested Citation

  • Alexeyeva, Irina, 2024. "Does board composition impact the timeliness of financial reporting? Evidence from Swedish privately held companies," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 54(C).
    • Handle: RePEc:eee:jiaata:v:54:y:2024:i:c:s106195182400003x
    DOI: 10.1016/j.intaccaudtax.2024.100597
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    More about this item

    Keywords

    Board composition; Board independence; Gender diversity; CEO duality; board size; timeliness of financial reporting; Private firms;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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