The effect of the pessimistic tone of disclosure on the timeliness of issuing financial reports (An applied study on a sample of industrial sector companies listed on the Iraq Stock Exchange)

Abstract

The research aims to measure the effect of the pessimistic tone of disclosure on the timeliness for issuing financial reports for industrial sector units listed in the Iraqi Stock Exchange, as the news of the economic unit is the focus of interest for many parties within the economic unit, as the management always wants to choose an timeliness for the purpose of disclosing this news. In addition, the research sample consisted of 10 industrial economic units listed on the Iraq Stock Exchange for the period from 2011 to 2020. In order to achieve the research objectives, manual content analysis was used to measure the pessimistic tone of disclosure, and a financial reporting period scale was used to measure timing. appropriate in preparation for determining the relationship between them. The researchers reached a set of conclusions, the most important of which is that there is a statistically significant effect between the pessimistic tone of disclosure and the timeliness for issuing the annual financial report, and there is also a statistically significant effect between the pessimistic tone of disclosure and the timeliness for issuing the auditor’s report.