The Growing Need of Corporate Attributes and Timeliness of Financial Reporting

This study examined the Growing Need of corporate attributes and Timeliness of Financial Reporting in Nigeria. Cross sectional data was sourced from financial statement of quoted banks. Number of days was modelled as a function of total assets, influence of industry sector, size of audit firm, profitability and number of employees. After cross examination of the validity of the pooled effect, fixed effect and the random effect, the study accepts the fixed effect model. The result found that profitability and influence of industry sector have positive relationship with timeliness of financial report of the selected bank. The panel unit root proved that the variables are stationary at first difference while the causality test found one unidirectional relationship with size of audit firm to timeliness of financial reporting. From the regression summary, the study concludes that corporate attributes have significant relationship with timeliness of financial reports. We recommend that corporate attributes that affect negative timeliness of financial reporting should be discouraged or properly managed and factors that enhance timeliness of financial reporting should be encouraged. Dr. Odogu Laime Isaac | Dr. Zebaghafa Sunday | Okpobo Timinipre Joseph "The Growing Need of Corporate Attributes and Timeliness of Financial Reporting" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-2 , April 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd54026.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/54026/the-growing-need-of-corporate-attributes-and-timeliness-of-financial-reporting/dr-odogu-laime-isaac