IDEAS home Printed from https://ideas.repec.org/a/taf/oabmxx/v10y2023i2p2229105.html
   My bibliography  Save this article

Ownership structure and audit report lag of Saudi listed firms: A dynamic panel analysis

Author

Listed:
  • Hamid Ghazi H Sulimany

Abstract

This study investigates the impact of ownership structure on firms’ audit report lag. The research sampled 102 Saudi non-financial listed companies’ data from 2012 to 2021. The data was analysed using a generalised method of moments (GMM) framework. The findings significantly suggest that as managerial ownership rises, audit delay may increase. However, family and institutional ownership may enhance the financial reporting timeliness of the firms. Also, the results demonstrate that government ownership appears insignificant in determining the firms’ audit delay. The outcome of this study implies that in the Saudi context, family and institutional monitoring seems to be an effective control mechanism that may force managers to embrace the timely disclosure of financial reports. Policymakers and investors may find the research outcome helpful in understanding additional factors influencing audit report lag. Thus, reducing the financial reporting lag may mitigate information asymmetry, thereby enhancing investors’ confidence.

Suggested Citation

  • Hamid Ghazi H Sulimany, 2023. "Ownership structure and audit report lag of Saudi listed firms: A dynamic panel analysis," Cogent Business & Management, Taylor & Francis Journals, vol. 10(2), pages 2229105-222, December.
    • Handle: RePEc:taf:oabmxx:v:10:y:2023:i:2:p:2229105
    DOI: 10.1080/23311975.2023.2229105
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23311975.2023.2229105
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23311975.2023.2229105?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oabmxx:v:10:y:2023:i:2:p:2229105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://cogentoa.tandfonline.com/OABM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.