The Influence of Multiple Directorship, Auditor Reputation, and Company Performance on Audit Delay (A Study on Companies Listed on the Indonesia Stock Exchange for the 2021–2023 Period)

Mat Priyanto; Reni Oktavia; Ninuk Dewi Kesumaningrum

doi:10.55927/ijbae.v4i4.243

Authors

Mat Priyanto University of Lampung
Reni Oktavia University of Lampung
Ninuk Dewi Kesumaningrum University of Lampung

DOI:

https://doi.org/10.55927/ijbae.v4i4.243

Keywords:

Audit delay, Auditor reputation, Multiple directorships, Profitability, Solvency

Abstract

This research examines how numerous directorships, auditor reputation, profitability, and solvency affect audit delay in IDX-listed businesses between 2021 and 2023. To enhance financial reporting timeliness and reliability in Indonesia, the study seeks practical insights for decision-makers, auditors, and regulators. The quantitative study uses EViews 12 to analyze secondary panel data from 722 IDX-listed firms, resulting in 2,166 firm-year observations. It uses descriptive statistics, classical assumption testing, and panel data regression to test hypotheses. Purposive sample selected organizations having comprehensive yearly financial reports and relevant variable data. Key findings suggest that highly reputable auditors, particularly Big Four firms, may take longer due to stricter audit standards and more thorough processes to ensure quality and credibility, which aligns with agency theory by reducing information asymmetry. In contrast, many directorships, profitability, and solvency did not significantly affect audit delay. These findings contrast previous empirical studies and emphasize contextual considerations in audit timeliness. The model explains 74.6% of audit delay variance, leaving 25.4% to other variables.

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