Research Article
Analysis of the Effectiveness of the Relaxation Timeliness Policy for Financial Reporting Due to the Covid-19 Pandemic in Indonesia's Economic Resilience
@INPROCEEDINGS{10.4108/eai.1-10-2020.2305628, author={Agrianti Komalasari and Adrima Jusata Nicholas Tarigan}, title={Analysis of the Effectiveness of the Relaxation Timeliness Policy for Financial Reporting Due to the Covid-19 Pandemic in Indonesia's Economic Resilience}, proceedings={Proceedings of the First International Conference of Economics, Business \& Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia}, publisher={EAI}, proceedings_a={ICEBE}, year={2021}, month={4}, keywords={timeliness covid-19 financial reporting stock exchange policy}, doi={10.4108/eai.1-10-2020.2305628} }- Agrianti Komalasari
Adrima Jusata Nicholas Tarigan
Year: 2021
Analysis of the Effectiveness of the Relaxation Timeliness Policy for Financial Reporting Due to the Covid-19 Pandemic in Indonesia's Economic Resilience
ICEBE
EAI
DOI: 10.4108/eai.1-10-2020.2305628
Abstract
This study reviews the financial reporting relaxation policies issued by the financial services authority for Capital Market Industry due to the Corona virus in Indonesia. This is Descriptive research the data is observed before and after the Covid-19 pandemic and later look at and assess how effective the policies issued are with the real conditions of the timeliness of financial reporting, and see how these policies affect one another. As result, it is found that the policy significantly effects the timeliness of financial reporting of the company listed in Stock exchange. Nonetheless what needs to be noted is that during a pandemic like this each sector has a different impact so that it cannot be equated with one another. As conclusion the policy of easing time limits can provide potential for rogue companies who try to carry out creative accounting practices during the extension.
