Show simple item record

dc.contributor.authorVan Caneghem, Tom
dc.contributor.authorLuypaert, Mathieu
dc.contributor.authorVan Uytbergen, Steve
dc.date.accessioned2019-01-14T14:14:17Z
dc.date.available2019-01-14T14:14:17Z
dc.date.issued2014
dc.identifier.urihttp://hdl.handle.net/20.500.12127/6113
dc.description.abstractWe examine delay in filing the financial statements among a large sample of Belgian small firms and find that reporting delay is affected by demand for information (e.g., larger firms tend to report more quickly); specific reporting incentives (e.g., firms tend to delay the disclosure of unfavorable information); and the financial reporting “production process” (e.g., older firms tend to report quickly, which is consistent with a learning curve effect). We note that there is a subsample of early filers, for which the drivers of financial reporting timeliness are found to be different from those identified based on the full sample. Our results further indicate that extremely late filings are associated with lower financial statement quality. Importantly, about 31 percent of the financial statements in our sample are being filed late (i.e., after the legal deadline), but our results suggest that monetary sanctions could be an effective tool in order to ensure compliance with the imposed legal deadline.
dc.language.isoen
dc.subjectAccounting
dc.subjectSmall Firms
dc.titleDelay in filing the financial statements: An empirical analysis among small firms
vlerick.conferencedate21/05/2014-23/05/2014
vlerick.conferencelocationTallinn, Estonia
vlerick.conferencename37th Annual Congress European Accounting Association
vlerick.knowledgedomainAccounting & Finance
vlerick.typeconfpresConference Presentation
vlerick.vlerickdepartmentA&F
dc.identifier.vperid132517


This item appears in the following Collection(s)

Show simple item record