The Existence of Creditor on the Internet Financial Reporting Timeliness

The present study examined the influence of company characteristics on the timing of internet-based financial reporting. The dataset utilized in this inquiry consisted of 850 manufacturing firms that were listed on the Indonesian Stock Exchange (IDX) between the years 2013 and 2020. The study utilized logistic regression analysis to determine the impact of leverage on the timeliness of online financial reporting, and it was shown that leverage has a substantial influence on this aspect. In contrast, the variables of company size, profitability, and liquidity did not exhibit a statistically significant link with reporting timeliness. This observation underscores the intricate nature of the variables in the digital era. Furthermore, it was shown that the existence of creditors serves as a driving force for companies to accelerate their adoption of internet-based financial reporting. This highlights the significance of creditor supervision in bolstering corporate responsibility and promoting financial openness in the era of digitalization.