The Effect of Good Corporate Governance on Timeliness of Annual Financial Report Publication

Timeliness of publishing annual financial statements is important in capital market to reduce the spread of asymmetrical financial information. This study aims to determine how the influence of good corporate governance on the timeliness of the publication of financial statements. This research was conducted in all companies listed on the Indonesia Stock Exchange and included in 2016-2018 Corporate Governance Perception Index rank. The sample determined by nonprobability sampling method using purposive sampling technique. Sample criteria included in CGPI rank for 2016 to 2018 period. Samples obtained were 19 companies with 41 observations. The data analysis technique used logistic regression analysis. Based on the results of the analysis shows that GCG has no effect on the timeliness of the publication of financial statements and the quality of the public accounting firm as a control variable cannot control the effect of GCG on the timeliness of the publication of the financial statements.