Timeliness of Financial Reporting and Financial Distress.
发现陷入财务困境的澳大利亚公司比正常公司报告延迟更长，但报告滞后本身或结合传统破产预测模型并未提升预测能力。
Abstract ABSTRACT: A sample of Australian companies entering financial distress is found to have significantly longer reporting delays than a control group of companies. Unfortunately the reporting lags, either alone or in conjunction with conventional bankruptcy prediction models, do not appear to add to our ability to predict distress.