Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies
This study examined the effect of audit committee characteristics including competence of the audit committee members, the member of the professional body, and the frequency of audit committee meetings, on the finance companies performance.The study was conducted involving 33 companies that were in...
| Main Authors: | , , |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2017
|
| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/24870/1/2nd%20IRC%202017%20100.pdf |
| _version_ | 1803628824027463680 |
|---|---|
| author | Al-Matari, Yahya Ali Al-Matari, Ebrahim Mohammed Homaid, Abdo Ali |
| author_facet | Al-Matari, Yahya Ali Al-Matari, Ebrahim Mohammed Homaid, Abdo Ali |
| author_sort | Al-Matari, Yahya Ali |
| collection | UUM |
| description | This study examined the effect of audit committee characteristics including competence of the
audit committee members, the member of the professional body, and the frequency of audit committee meetings, on the finance companies performance.The study was conducted involving 33 companies that were included in the list of the Bursa Malaysia, covered in the period from 2011-2015, a total of 165 firmyears observations. The study made use of Pearson Correlation Coefficient and Multiple Regressions analysis.The findings revealed that the variables of audit committee independence, audit committee finance literacy
and Audit committee member of accounting professional body influence significantly the performance of finance companies.Specifically, audit committee finance literacy has been found to be the most positively significant variable to influence finance companies performance. However, audit committee size may not contribute to enhancing finance companies performance. Moreover, this study conducted a review of literature relevant to the topic of audit committee characteristics and it presented practical implications as well as suggestions that future studies can follow. |
| first_indexed | 2024-07-04T06:28:05Z |
| format | Conference or Workshop Item |
| id | uum-24870 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:28:05Z |
| publishDate | 2017 |
| record_format | dspace |
| spelling | uum-248702018-10-03T00:07:47Z https://repo.uum.edu.my/id/eprint/24870/ Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies Al-Matari, Yahya Ali Al-Matari, Ebrahim Mohammed Homaid, Abdo Ali HD28 Management. Industrial Management This study examined the effect of audit committee characteristics including competence of the audit committee members, the member of the professional body, and the frequency of audit committee meetings, on the finance companies performance.The study was conducted involving 33 companies that were included in the list of the Bursa Malaysia, covered in the period from 2011-2015, a total of 165 firmyears observations. The study made use of Pearson Correlation Coefficient and Multiple Regressions analysis.The findings revealed that the variables of audit committee independence, audit committee finance literacy and Audit committee member of accounting professional body influence significantly the performance of finance companies.Specifically, audit committee finance literacy has been found to be the most positively significant variable to influence finance companies performance. However, audit committee size may not contribute to enhancing finance companies performance. Moreover, this study conducted a review of literature relevant to the topic of audit committee characteristics and it presented practical implications as well as suggestions that future studies can follow. 2017-07-11 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/24870/1/2nd%20IRC%202017%20100.pdf Al-Matari, Yahya Ali and Al-Matari, Ebrahim Mohammed and Homaid, Abdo Ali (2017) Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies. In: 2nd International Research Conference on Economics Business and Social Sciences, 11-12 July 2017, Park Royal Hotel Penang Malaysia. |
| spellingShingle | HD28 Management. Industrial Management Al-Matari, Yahya Ali Al-Matari, Ebrahim Mohammed Homaid, Abdo Ali Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies |
| title | Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies |
| title_full | Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies |
| title_fullStr | Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies |
| title_full_unstemmed | Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies |
| title_short | Audit Committee Characteristics and Firm Performance: Evidence from Malaysian Finance Companies |
| title_sort | audit committee characteristics and firm performance evidence from malaysian finance companies |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/24870/1/2nd%20IRC%202017%20100.pdf |
| work_keys_str_mv | AT almatariyahyaali auditcommitteecharacteristicsandfirmperformanceevidencefrommalaysianfinancecompanies AT almatariebrahimmohammed auditcommitteecharacteristicsandfirmperformanceevidencefrommalaysianfinancecompanies AT homaidabdoali auditcommitteecharacteristicsandfirmperformanceevidencefrommalaysianfinancecompanies |