The influence of audit committee characteristics on firm performance : evidence in Oman

The role of an audit committee (AC) is very significant to stakeholders in influencing the quality of disclosure of financial reporting and in improving market performance. This study examines the influence of audit committee characteristics (AC multiple directorship, AC size, AC independence, AC m...

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Main Author:	Badhabi, Hussein Ahmed Saleh
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	HF5667 Professional Ethics Auditors.
Online Access:	https://etd.uum.edu.my/6724/1/s815115_01.pdf https://etd.uum.edu.my/6724/2/s815115_02.pdf
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id	my-uum-etd.6724
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ku Ismail, Ku Nor Izah
topic	HF5667 Professional Ethics Auditors.
spellingShingle	HF5667 Professional Ethics Auditors. Badhabi, Hussein Ahmed Saleh The influence of audit committee characteristics on firm performance : evidence in Oman
description	The role of an audit committee (AC) is very significant to stakeholders in influencing the quality of disclosure of financial reporting and in improving market performance. This study examines the influence of audit committee characteristics (AC multiple directorship, AC size, AC independence, AC meeting, AC chairman independence, AC diligence) and firm performance (ROA and Tobin’s Q). The population of the study is 82 firms based on the Muscat Stock Market (MSM) listed companies as at 2014 to 2015, excluding the financial and banking sectors. The method of data collection was secondary data, using annual financial reports of firms gathered from Data Stream. The data was analyzed using Stata. The major findings of the study show that audit committee characteristics do not influence firm performance as measured by ROA. However, the study found that AC multiple directorships and AC diligence influence the firm performance as measured by Tobin’s Q. The result also showed that the control variables; (firm size and leverage) are significant in influencing firm performance (ROA and Tobin’s Q). Therefore, the study recommends future studies to consider taking into account some other variables such as foreign audit committee members, and other variables that may have a significant role in improving firm performance.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Badhabi, Hussein Ahmed Saleh
author_facet	Badhabi, Hussein Ahmed Saleh
author_sort	Badhabi, Hussein Ahmed Saleh
title	The influence of audit committee characteristics on firm performance : evidence in Oman
title_short	The influence of audit committee characteristics on firm performance : evidence in Oman
title_full	The influence of audit committee characteristics on firm performance : evidence in Oman
title_fullStr	The influence of audit committee characteristics on firm performance : evidence in Oman
title_full_unstemmed	The influence of audit committee characteristics on firm performance : evidence in Oman
title_sort	influence of audit committee characteristics on firm performance : evidence in oman
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2016
url	https://etd.uum.edu.my/6724/1/s815115_01.pdf https://etd.uum.edu.my/6724/2/s815115_02.pdf
_version_	1747828109785169920
spelling	my-uum-etd.67242021-04-05T02:05:06Z The influence of audit committee characteristics on firm performance : evidence in Oman 2016 Badhabi, Hussein Ahmed Saleh Ku Ismail, Ku Nor Izah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5667 Professional Ethics. Auditors. The role of an audit committee (AC) is very significant to stakeholders in influencing the quality of disclosure of financial reporting and in improving market performance. This study examines the influence of audit committee characteristics (AC multiple directorship, AC size, AC independence, AC meeting, AC chairman independence, AC diligence) and firm performance (ROA and Tobin’s Q). The population of the study is 82 firms based on the Muscat Stock Market (MSM) listed companies as at 2014 to 2015, excluding the financial and banking sectors. The method of data collection was secondary data, using annual financial reports of firms gathered from Data Stream. The data was analyzed using Stata. The major findings of the study show that audit committee characteristics do not influence firm performance as measured by ROA. However, the study found that AC multiple directorships and AC diligence influence the firm performance as measured by Tobin’s Q. The result also showed that the control variables; (firm size and leverage) are significant in influencing firm performance (ROA and Tobin’s Q). Therefore, the study recommends future studies to consider taking into account some other variables such as foreign audit committee members, and other variables that may have a significant role in improving firm performance. 2016 Thesis https://etd.uum.edu.my/6724/ https://etd.uum.edu.my/6724/1/s815115_01.pdf text eng public https://etd.uum.edu.my/6724/2/s815115_02.pdf text eng public masters masters Universiti Utara Malaysia Aanu, O. S., Odianonsen, I. F., & Foyeke, O. I. 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