Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors
Audit Committee as one of the key mechanisms of corporate governance can lead to improvement of corporate disclosure quality and capital markets efficiency. Proportions of non-executive directors of the Board are effective on formation of an efficient Audit Committee. So, the aim of this study is to...
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| Format: | Article |
| Language: | fas |
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Alzahra University
2017-02-01
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| Series: | پژوهش‌های تجربی حسابداری |
| Subjects: | |
| Online Access: | http://jera.alzahra.ac.ir/article_2631_4e4041f1bdb6a3f788a18b5dbf555458.pdf |
| _version_ | 1811203813811421184 |
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| author | yahya kamyabi ehsan boozhmehrani |
| author_facet | yahya kamyabi ehsan boozhmehrani |
| author_sort | yahya kamyabi |
| collection | DOAJ |
| description | Audit Committee as one of the key mechanisms of corporate governance can lead to improvement of corporate disclosure quality and capital markets efficiency. Proportions of non-executive directors of the Board are effective on formation of an efficient Audit Committee. So, the aim of this study is to examine the effect of the proportion of non-executive directors on relation between characteristics of audit committee (including financial expertise, size, tenure, and experience) and quality of corporate disclosure of firms listed in Tehran Stock Exchange. The sample includes 71 firms listed in Tehran Stock Exchange during the period from 2012 to 2013. After collecting data, research hypotheses are tested using software Eviews7. The results show that two characteristics of the Audit Committee (Tenure, and experience) have a significant positive relation with quality of corporate disclosure, but the other characteristics of the audit committee (financial expertise, size) have no significant relation with the quality of corporate disclosure. In addition, the findings of this research indicate that proportion of non-executive directors of the Board has a significant positive effect on the relation between experience of the audit committee and quality of corporate disclosure, but it has no moderating effect on the relation between other characteristics of the audit committee and disclosure quality. |
| first_indexed | 2024-04-12T03:02:25Z |
| format | Article |
| id | doaj.art-041b2eeacd174f2383d367eb68dae7f5 |
| institution | Directory Open Access Journal |
| issn | 2251-8509 2538-1520 |
| language | fas |
| last_indexed | 2024-04-12T03:02:25Z |
| publishDate | 2017-02-01 |
| publisher | Alzahra University |
| record_format | Article |
| series | پژوهش‌های تجربی حسابداری |
| spelling | doaj.art-041b2eeacd174f2383d367eb68dae7f52022-12-22T03:50:37ZfasAlzahra Universityپژوهش‌های تجربی حسابداری2251-85092538-15202017-02-016219121810.22051/jera.2017.26312631Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directorsyahya kamyabi0ehsan boozhmehrani1استادیار گروه حسابداری، دانشکدة علوم اقتصادی و اداری، دانشگاه مازندران،کارشناس ارشد حسابداری، دانشکدة علوم اقتصادی و اداری، دانشگاه مازندران، بابلسر،Audit Committee as one of the key mechanisms of corporate governance can lead to improvement of corporate disclosure quality and capital markets efficiency. Proportions of non-executive directors of the Board are effective on formation of an efficient Audit Committee. So, the aim of this study is to examine the effect of the proportion of non-executive directors on relation between characteristics of audit committee (including financial expertise, size, tenure, and experience) and quality of corporate disclosure of firms listed in Tehran Stock Exchange. The sample includes 71 firms listed in Tehran Stock Exchange during the period from 2012 to 2013. After collecting data, research hypotheses are tested using software Eviews7. The results show that two characteristics of the Audit Committee (Tenure, and experience) have a significant positive relation with quality of corporate disclosure, but the other characteristics of the audit committee (financial expertise, size) have no significant relation with the quality of corporate disclosure. In addition, the findings of this research indicate that proportion of non-executive directors of the Board has a significant positive effect on the relation between experience of the audit committee and quality of corporate disclosure, but it has no moderating effect on the relation between other characteristics of the audit committee and disclosure quality.http://jera.alzahra.ac.ir/article_2631_4e4041f1bdb6a3f788a18b5dbf555458.pdfAudit committee characteristicsquality of disclosureProportion of Non-Executive Directors |
| spellingShingle | yahya kamyabi ehsan boozhmehrani Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors پژوهش‌های تجربی حسابداری Audit committee characteristics quality of disclosure Proportion of Non-Executive Directors |
| title | Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors |
| title_full | Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors |
| title_fullStr | Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors |
| title_full_unstemmed | Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors |
| title_short | Audit Committee Characteristics, Quality of Disclosure and Proportion of Non-Executive Directors |
| title_sort | audit committee characteristics quality of disclosure and proportion of non executive directors |
| topic | Audit committee characteristics quality of disclosure Proportion of Non-Executive Directors |
| url | http://jera.alzahra.ac.ir/article_2631_4e4041f1bdb6a3f788a18b5dbf555458.pdf |
| work_keys_str_mv | AT yahyakamyabi auditcommitteecharacteristicsqualityofdisclosureandproportionofnonexecutivedirectors AT ehsanboozhmehrani auditcommitteecharacteristicsqualityofdisclosureandproportionofnonexecutivedirectors |