Moderating role of CEO expertise on the relationship between capital structure and financial reporting timeliness of Saudi-listed companies

Hamid Ghazi H Sulimany, Ehsan Almoataz, Adnan Ali, Faisal Faisal and Abdulrahman Atllah Alharbi

PLOS ONE, 2026, vol. 21, issue 3, 1-20

Abstract: In this study, we investigated the effect of capital structure on financial reporting timeliness with an interaction role of CEO financial expertise. Using the fixed effects technique, we analysed data from listed firms on the Saudi Stock Market between 2014 and 2023. Our results showed that capital structure choice through debt financing may significantly influence firms to reveal their audited accounts on a timely basis to signal their financial capabilities. Additionally, the results provide strong evidence that a CEO’s financial expertise may enhance the role of debt financing in reducing audit report delays, consistent with upper echelons and agency theories. The findings appear to be robust with the use of alternative measures, the COVID-19 effect and endogeneity control.

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0338840

DOI: 10.1371/journal.pone.0338840

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