This study examined the relationship between profitability and timeliness of financial reports in Nigerian quoted companies. Ex Post Facto research design was adopted for the study. The population is all the 145 quoted companies in Nigeria. The sample size was determined using Taro Yamane method. Data were sourced from the content analysis of annual reports and accounts of the selected quoted Nigerian companies for eleven years from the year 2010 to 2019. The panel data regression technique was used to estimate the relationship between the variables with aid of e view 9.0 software. The outcome of the study revealed that there is a significant relationship between profitability and timeliness of financial reports in Nigerian quoted companies at 5 level of significance. The study therefore, recommended Since lower profitability most especially losses poses high risk including liquidation risk. Auditors should take more time in their audit to avoiding future litigations more especially the firms with bad news. Aigienohuwa, Osarenren O | Uniamikogbo, Emmanual "Profitability and Timeliness of Financial Reports in Nigerian Quoted Companies" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47698.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47698/profitability-and-timeliness-of-financial-reports-in-nigerian-quoted-companies/aigienohuwa-osarenren-o
International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 5 Issue 6, September-October 2021 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD47698 | Volume – 5 | Issue – 6 | Sep-Oct 2021
Page 1651
Profitability and Timeliness of Financial
Reports in Nigerian Quoted Companies
Aigienohuwa, Osarenren O
1
; Uniamikogbo, Emmanual
2
1Department of Accountancy, Nnamdi Azikiwe University, Awka, Nigeria
2Department of Accountancy, Rhema University, Aba, Nigeria
ABSTRACT
This study examined the relationship between profitability and
timeliness of financial reports in Nigerian quoted companies. Ex Post
Facto research design was adopted for the study. The population is
all the 145 quoted companies in Nigeria. The sample size was
determined using Taro Yamane method. Data were sourced from the
content analysis of annual reports and accounts of the selected quoted
Nigerian companies for eleven years from the year 2010 to 2019. The
panel data regression technique was used to estimate the relationship
between the variables with aid of e-view 9.0 software. The outcome
of the study revealed that there is a significant relationship between
profitability and timeliness of financial reports in Nigerian quoted
companies at 5% level of significance. The study therefore,
recommended Since lower profitability (most especially losses) poses
high risk including liquidation risk. Auditors should take more time
in their audit to avoiding future litigations more especially the firms
with bad news.
KEYWORDS: Profitability, Timeliness and Financial reports
How to cite this paper: Aigienohuwa,
Osarenren O | Uniamikogbo, Emmanual
"Profitability
and Timeliness
of
Financial Reports in Nigerian Quoted
Companies" Published in International
Journal of Trend in
Scientific Research
and Development
(ijtsrd), ISSN: 2456-
6470, Volume-5 |
Issue-6,
October
2021,
pp.1651-
1662,
URL:
www.ijtsrd.com/papers/ijtsrd47698.pdf