
Table 6. Descriptive statistic of the explanatory variables.
Minimum Maximum Standard
Variable Days Days Mean Deviation Skewness Kurtosis
Log Size 3.97 8.09 7.07 .74654 −1.291 3.119
Age 1 54 24.51 15.106 .296 −1.047
Table 7. Correlation matrix for independent variables and dependent
variables.
N = 76 Mandatory Voluntary Timeliness Log_Size Age
Mandatory 1
Voluntary 1
Timeliness 1
Log_Size .323
∗∗
.308
∗∗
−.111 1
Age .238
∗
.212 .159 .474
∗∗
1
*. Correlation is significant at the 0.05 level (2-tailed).
**. Correlation is significant at the 0.01 level (2-tailed).
the timeliness of financial report. While coefficient
between timeliness and age of FSB is at least positi ...