This study analyzes factors that affect delays in signing audit reports for companies listed on the Kuwait stock market in 2006 and 2007. It tests the relationship between length of audit delay and company characteristics like size, industry, leverage, earnings changes, liquidity, and auditor type. The results show that only company size, as measured by total assets, is negatively correlated with audit delay. No other significant relationships were found between audit delay and the other variables tested for both years. This is the first study examining audit delays in Kuwait and aims to help regulators, companies, and auditors reduce delays and improve stock market efficiency.
This study analyzes factors that affect delays in signing audit reports for companies listed on the Kuwait stock market in 2006 and 2007. It tests the relationship between length of audit de…