It is important to report financial information in a timely fashion. The longer a company waits to release its annual report and accompanying financial statements, the more stale the information is and the less useful it is. A number of studies have been done on various aspects of timeliness in financial reporting. Those studies are not summarized here but a listing is provided in the reference section for further research. © 2009 Springer US.
CITATION STYLE
McGee, R. W., Tyler, M., Tarangelo, T., & Igoe, D. N. (2009). The timeliness of financial reporting: A comparative study of companies in Russia and the European union. In Corporate Governance in Transition Economies (pp. 165–171). Springer US. https://doi.org/10.1007/978-0-387-84831-0_16
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