Audit Committee Attributes Audit Quality and Financial Reporting Quality: Evidence from the GCC Stock Markets
| المصدر: | مجلة البحوث المالية والتجارية |
|---|---|
| الناشر: | جامعة بورسعيد - كلية التجارة |
| المؤلف الرئيسي: | Ali, Salah Abdel-Hafeez Mostafa (Author) |
| المجلد/العدد: | ع3 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2021
|
| الشهر: | يوليو |
| الصفحات: | 560 - 594 |
| DOI: |
10.21608/JSST.2021.68710.1238 |
| ISSN: |
2090-5327 |
| رقم MD: | 1179295 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
Financial Reporting Quality | Audit Committee Attributes | Audit Quality Emerging Markets | GCC Countries
|
| رابط المحتوى: |
عدد مرات التحميل
42
| المستخلص: |
The main objective of this study is to empirically investigate whether the audit committee (AC) attributes and the quality of external auditor are associated with financial reporting quality (FRQ) of companies listed on the gulf cooperation council (GCC) countries’ stock markets. To achieve the study’s objectives, data was collected from a sample of 115 companies from four GCC countries during the period from 2017- 2019 that represents 345 firm-year observations. Five hypotheses were tested, FRQ as dependent variable was regressed with five independent variables. For measuring the FRQ, the author adopted the qualitative approach using checklist developed by Beest, et al. 2009 sponsored by Nijmegen Center for Economics (NiCE) with limited modification based on the new amendments of IASB conceptual framework in 2018. The study findings reveal that the level of FRQ on the study sample averaged 63% while the minimum and the maximum valued 40% and 86% respectively. The findings indicate that FRQ are positively and significantly associated with the four AC attributes and quality of external auditor so, all hypotheses are accepted, which infer that FRQ will be enhanced if a company formed AC having, bigger size, more independence, financial experience, meetings frequently, and hiring high quality external auditor. The findings of this study have wide implications to all stakeholders especially, investors, creditors, auditors, management, in addition to stock markets regulators and standard-sitting bodies for the role of AC attributes and external auditor on improving FRQ. |
|---|---|
| ISSN: |
2090-5327 |
عناصر مشابهة
-
The Moderating Effect of Audit Quality on the Impact of Audit Committee Characteristics and Performance: Evidence from Saudi Financial Companies
بواسطة: Alansi, Ali منشور: (2022) -
Effective Audit Committee and Financial Reporting Quality: The Mediating Effect of Audit Quality: Evidence from KSA
بواسطة: Al-Sharawi, Hossam Hassan Mahmoud منشور: (2022) -
Disclosure of Sustainable Development Dimensions and Financial Reporting Quality on Industrial Corporation: Evidence from Jordan
بواسطة: Al-Shatnawi, Hasan Mahmoud منشور: (2022) -
The Effect of Audit Quality on Financial Reporting Quality
بواسطة: Mesbah, Salma Hisham منشور: (2022) -
The Effect of Audit Committee’s Characteristics on the Audit Report Timeliness: Empirical Evidence from the Uk
بواسطة: العدوي، ليلى محمد الشوادافي منشور: (2021)
