Investigating the effect of the performance of control elements on the accuracy and timing of financial information in companies

The main purpose of this study is to investigate the effect of the performance of control elements on the accuracy and timing of financial information in companies during the years 1393 to 1398. In this study, the composition of the board of directors (percentages of non-executive board and percentage of changes of non-executive board) have been considered as independent variables to examine their impact on the accuracy and timeliness of financial information. In this research, to evaluate the timeliness of financial information presentation (reliability and timely disclosure), corporate score reports published by the Stock Exchange Organization are used. Publishers' information points are calculated based on their information status in terms of reliability and timely submission of information. The statistical population of the present study is the companies listed on the Tehran Stock Exchange during the years 1393 to 1398 that the sample size according to the screening method is equal to 138 companies.