Audit Committee Effectiveness and Company Performance: Evidence from Jordan
Audit Committee Effectiveness and Company Performance: Evidence from Jordan
复制标题
审计委员会的有效性和公司绩效：来自约旦的证据
DOI：
10.5430/afr.v7n2p48
复制
发表时间：
2018
期刊：
影响因子：
--
通讯作者：
R. M. Alqatamin
中科院分区：
文献类型：
--
作者：
R. M. Alqatamin
本文旨在研究审计委员会特征对公司绩效的影响。样本包括2014-2016年期间在安曼证券交易所（ASE）上市的165家非金融公司。研究结果显示，审计委员会的规模、独立性与性别多样性与公司绩效有显著的正相关关系，而经验与会议频率的相关性不显著。本研究结果可提供管理者与董事会对于审计委员会特性与公司治理机制之选择，以提升公司绩效之参考。这项研究使决策者更好地了解审计委员会所需的不同特征，以便在未来的政策制定中纳入这些特征，以保护股东的利益。审计委员会特征与公司绩效之间的关系尚不明确。本研究通过识别审计委员会特征在公司绩效中的作用，为绩效由特定审计委员会特征驱动的观点提供了证据。
This paper seeks to investigate the effect of audit committee characteristics on the company’s performance. The sample consists of 165 non-financial companies listed on the Amman Stock Exchange (ASE) over the period 2014-2016. The results of the study show that the audit committee size, independence and gender diversity have a significant positive relationship with firm’s performance, whereas experience and frequency of meetings has an insignificant association. The results of the study could be beneficial for managers and boards in making suitable choices about audit committee characteristics and corporate governance mechanisms to enhance the company’s performance. The study gives policy makers a better understanding of the different characteristics required of an audit committee, for incorporation in future policy preparation to protect the shareholders’ interests. The relationship between audit committee characteristics and company performance is still ambiguous. This study contributes to the literature by identifying the role of audit committee characteristics in company performance, providing evidence for the view that performance is driven by specific audit committee characteristics.