Impact of Sustainability Reporting Level on Audit Report Lag: An Empirical Study in Saudi Arabia | ||||
| المجلة العربية للإدارة | ||||
| Articles in Press, Accepted Manuscript, Available Online from 19 March 2025 PDF (279.15 K) | ||||
| Document Type: بحوث باللغة الإنجلیزیة | ||||
| DOI: 10.21608/aja.2025.341395.1760 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
Awatif Hodaed Alsheikh   ; Warda Hodaed Alsheikh
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| Accounting Department, Faculty of Administration and Economics, Umm Al-Qura University | ||||
| Abstract | ||||
| As sustainability reporting becomes increasingly important, companies worldwide are putting more effort into reporting the impacts of their operations on governance, economics, society, and the environment. At the same time, auditors are under pressure to mitigate audit report lag, which indicates the quality and reliability of financial reporting. This study explores the association between sustainability reporting levels and audit report latency of Saudi non-financial firms. With two distinct measures for the dependent and independent variables extracted from previous research, we have built up a comprehensive dataset from 140 non-financial firms in Saudi Arabia. The hypothesis was tested through a regression analysis. The finding demonstrates that there is a significant negative correlation between sustainability reporting levels and audit report lag, which means that increasing sustainability disclosures improves financial reporting substantially. This study is the first attempt in the Saudi Arabian environment. The nation’s 2030 Vision emphasizes the importance of fostering an efficient capital market framework and increasing international investor trust. The findings provide vital information for the Capital Markets Authority, policymakers, and stakeholders to make informed decisions. | ||||
| Keywords | ||||
| Sustainability Reporting; Audit Report Lag; Regression Analysis; Non-Financial Firms | ||||
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