THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE
The aim of this research study is to determine the effect of firm performance on audit committee diligence. The research concentrates on the relationship between audit committee meeting frequency and firm age. In this regard, the data of 12 banks operating in the financial sector in the BIST o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | deu |
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Trakya University
2023-06-01
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| Series: | Trakya Üniversitesi Sosyal Bilimler Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/2846291 |
| _version_ | 1797786644533739520 |
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| author | İsmail BEKCİ Esra AKSOY Eda KÖSE |
| author_facet | İsmail BEKCİ Esra AKSOY Eda KÖSE |
| author_sort | İsmail BEKCİ |
| collection | DOAJ |
| description | The aim of this research study is to determine the effect of firm performance
on audit committee diligence. The research concentrates on the relationship between audit
committee meeting frequency and firm age. In this regard, the data of 12 banks operating in
the financial sector in the BIST over the period 2010-2021 are examined in the research study.
The variables such as “the number of years since the establishment of the company”,
“logarithm of total assets”, “debt to assets ratio”, “return on equity” and “return on assets”
are used as independent variables; whereas “the number of audit committee meetings held
during the year” is used as the dependent variable. Panel data analysis is conducted to
consider the effect of firm age on audit committee meeting frequency. A regression model,
which is established with the obtained data, is analyzed with the help of STATA software.
The findings obtained from the analysis indicate that the firm age has a positive and
statistically significant effect on the audit committee meeting frequency at the 1%
significance level. The other independent variables have no statistically significant effect on
the dependent variable. Consequently, this study indicates that the firm’s audit committee
diligence is closely associated with its market experience and active operating process. |
| first_indexed | 2024-03-13T01:11:51Z |
| format | Article |
| id | doaj.art-81adb11f31534d4694d797ed5cc03b7d |
| institution | Directory Open Access Journal |
| issn | 1305-7766 2587-2451 |
| language | deu |
| last_indexed | 2024-03-13T01:11:51Z |
| publishDate | 2023-06-01 |
| publisher | Trakya University |
| record_format | Article |
| series | Trakya Üniversitesi Sosyal Bilimler Dergisi |
| spelling | doaj.art-81adb11f31534d4694d797ed5cc03b7d2023-07-05T20:15:50ZdeuTrakya UniversityTrakya Üniversitesi Sosyal Bilimler Dergisi1305-77662587-24512023-06-01251135146https://doi.org/10.26468/trakyasobed.1222654THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCEİsmail BEKCİ0https://orcid.org/0000-0002-9861-737XEsra AKSOY1https://orcid.org/0000-0003-1395-2337Eda KÖSE2https://orcid.org/0000-0002-9537-3672Süleyman Demirel UniversitySüleyman Demirel UniversityNevşehir Hacı Bektaş Veli UniversityThe aim of this research study is to determine the effect of firm performance on audit committee diligence. The research concentrates on the relationship between audit committee meeting frequency and firm age. In this regard, the data of 12 banks operating in the financial sector in the BIST over the period 2010-2021 are examined in the research study. The variables such as “the number of years since the establishment of the company”, “logarithm of total assets”, “debt to assets ratio”, “return on equity” and “return on assets” are used as independent variables; whereas “the number of audit committee meetings held during the year” is used as the dependent variable. Panel data analysis is conducted to consider the effect of firm age on audit committee meeting frequency. A regression model, which is established with the obtained data, is analyzed with the help of STATA software. The findings obtained from the analysis indicate that the firm age has a positive and statistically significant effect on the audit committee meeting frequency at the 1% significance level. The other independent variables have no statistically significant effect on the dependent variable. Consequently, this study indicates that the firm’s audit committee diligence is closely associated with its market experience and active operating process.https://dergipark.org.tr/tr/download/article-file/2846291audit committeefirm experiencepanel data analysis |
| spellingShingle | İsmail BEKCİ Esra AKSOY Eda KÖSE THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE Trakya Üniversitesi Sosyal Bilimler Dergisi audit committee firm experience panel data analysis |
| title | THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE |
| title_full | THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE |
| title_fullStr | THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE |
| title_full_unstemmed | THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE |
| title_short | THE EFFECT OF FIRM PERFORMANCE ON AUDIT COMMITTEE DILIGENCE |
| title_sort | effect of firm performance on audit committee diligence |
| topic | audit committee firm experience panel data analysis |
| url | https://dergipark.org.tr/tr/download/article-file/2846291 |
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