scholarly journals Executive power, Audit committee expertise and Internal control quality: An Empirical Analysis of China's A-share Markets

2017 ◽  
Author(s):  
Ma Xiangyun ◽  
Liu Shiping
Keyword(s):  
Empirical Analysis ◽  
Internal Control ◽  
Audit Committee ◽  
Executive Power ◽  
Control Quality ◽  
A Share

Audit committee activity and internal control quality in Egypt

2016 ◽  
Vol 31 (3) ◽  
pp. 269-289 ◽  
Author(s):  
Hichem Khlif ◽  
Khaled Samaha
Keyword(s):  
Internal Control ◽  
Audit Committee ◽  
Relevant Information ◽  
Policy Implications ◽  
Content Type ◽  
External Auditors ◽  
Audit Market ◽  
Control Quality ◽  
Big 4 ◽  
The Relationship

Purpose – The purpose of this paper is to examine the association between audit committee activity, external auditor’s size and internal control quality (ICQ) in the Egyptian setting. It also explores how external auditor’s size moderates the relationship between audit committee activity and ICQ. Design/methodology/approach – To obtain relevant information about ICQ in Egypt, the authors conducted a survey among external auditors using an internal control checklist. Findings – Results show that audit committee activity has a significant positive effect on ICQ. In addition, Big 4 auditors contribute significantly to the improvement of the ICQ in the Egyptian setting. Finally, the association between audit committee activity and ICQ is more pronounced when an organisation is audited by a Big 4 audit firm. Originality/value – The results this paper demonstrate that Big 4 auditors play a governance role in weak legal environment as exists in Egypt by strengthening the effectiveness of audit committee meetings. The findings also have policy implications for Egyptian standard-setters and other emerging economies characterised by an under-developed and poorly regulated audit market, with respect to the development of internal auditing standards.

scholarly journals The Effect of Audit Committee and Board of Directors Characteristics' on Audit Fees and Internal Control Quality in Iran // El efecto de las características del Comité de Auditoría y de la Junta Directiva sobre los honorarios de auditoría y la calidad del

2019 ◽  
Vol 28 ◽  
pp. 23-42
Author(s):  
Mahdi Salehi ◽  
Noman Rashidi Soorestani
Keyword(s):  
Regression Model ◽  
Board Of Directors ◽  
Internal Control ◽  
Significant Relationship ◽  
Audit Committee ◽  
Stock Exchange ◽  
Audit Fees ◽  
Board Independence ◽  
Panel Regression ◽  
Control Quality

This study investigates the effect of characteristics of board of directors and audit committee strength on audit fees internal control quality. In this study, 84 companies listed on the Tehran Stock Exchange were evaluated from 2014 to 2016. Panel regression model and panel logistic regression model were used for testing hypotheses related to audit fees and the weaknesses of internal control quality, respectively. Results showed that there is no significant relationship between the authority of board of directors and audit committee and the independence board and audit committee expertise and internal control quality weakness and also between the board power and audit fees. There is a significant relationship, however, between the board independence and audit committee authority, expertise, as well as the audit fees. Furthermore, results indicated that there is no significant relationship between board effort and audit fees and internal control quality weakness.

Does Audit Committee Monitoring Matter in the Government Sector? Evidence from Municipal Internal Control Quality

2014 ◽  
Vol 3 (1) ◽  
pp. 58-80 ◽  
Author(s):  
Kevin T. Rich ◽  
Jean X. Zhang
Keyword(s):  
Financial Reporting ◽  
Internal Control ◽  
Audit Committee ◽  
Audit Committees ◽  
Control Problems ◽  
Control Quality ◽  
Self Selection ◽  
Government Sector ◽  
The Government ◽  
Financial Oversight

ABSTRACT We investigate whether the presence of municipal audit committees is associated with internal control quality in the municipal setting. The evidence shows that only 20 percent of municipalities in our sample voluntarily maintained an audit committee during the sample period of 2001 through 2004. Our results highlight that municipalities with audit committees are associated with fewer internal control problems, which in turn suggests these cities should be less likely to experience future significant financial reporting failures. These results persist in specifications that use econometric procedures to address concerns about self-selection. Overall, our findings suggest that audit committee presence plays an important role in municipal financial oversight.

CEO Power, Internal Control Quality, and Audit Committee Effectiveness in Substance Versus in Form

2015 ◽  
Vol 33 (3) ◽  
pp. 1199-1237 ◽  
Author(s):  
Ling Lei Lisic ◽  
Terry L. Neal ◽  
Ivy Xiying Zhang ◽  
Yan Zhang
Keyword(s):  
Internal Control ◽  
Audit Committee ◽  
Ceo Power ◽  
Control Quality

scholarly journals Internal Control Quality, Enterprise Environmental Protection Investment and Finance Performance: An Empirical Study of China’s A-Share Heavy Pollution Industry

2020 ◽  
Vol 17 (17) ◽  
pp. 6082
Author(s):  
Liu Yang ◽  
Han Qin ◽  
Quanxin Gan ◽  
Jiafu Su
Keyword(s):  
Environmental Management ◽  
Financial Performance ◽  
Environmental Protection ◽  
Internal Control ◽  
Positive Impact ◽  
Third Party ◽  
Corporate Value ◽  
Control Quality ◽  
Heavy Pollution ◽  
A Share

As an important measure of enterprise governance, internal control can enhance the organizational rationality of the enterprise, ensure that the enterprise consciously assumes social responsibility for the protection of the natural environment and resources, and promote the sustainable development of the national economy. Using data from China’s A-share heavy pollution industry listed companies from 2009 to 2018, this study explored the relationships among internal control quality, enterprise environmental protection investment, and financial performance. The results show that the quality of internal control has a significant positive impact on enterprise environmental protection investment and financial performance. Enterprise environmental protection investment has a significant positive impact on financial performance and plays a partial intermediary role in the positive impact of internal control quality on financial performance. While expanding the theory of resource-based concepts, this study clarified the positive impact of corporate environmental management and practical behavior on corporate value and provides a theoretical basis for companies to actively implement environmental protection responsibilities, strengthen internal environmental management capabilities, and enhance corporate value. At the same time, it also provides a basis for the government to issue relevant environmental protection policies, strengthen enterprise internal control construction guidelines, and encourage third-party organizations to evaluate the effectiveness of enterprise internal control.

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