Effective Factors on Speed of Financial Reporting in Tehran Stock Exchange

Current article explore for factors that associated with speed of financial reporting for 276 of listed companies in Tehran Stock Exchange during the period of 1378 to 1387. In this study we used date different between ends of fiscal year and issued date of annual financial reporting as index for speed in financial reporting. In addition financial ratio, firm's size and ratio of reinvestment current net income used as factors that effect on speed of financial reporting. For purpose of this article, Kruskal-Wallis test, Median test and test of Multi-Regression Analysis used for testing hypotheses. Our results show that any of variables dont have normal distribution, so using non-parametrical statistic tests preferred. In addition corporations with different speed of financial reporting have different financial and non-financial ratios and corporations that work in different industry have different speed in financial reporting. Speed of financial reporting has become faster during the period of study. Majority of financial and non-financial variables have significant relations with speed of financial reporting. The result indicates that financial and non-financial ratios can make predictive models for speed of financial reporting.