Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/78937
Title: | The relationship between audit committee best practice and good governance |
Authors: | Erasmus, Lourens J. Coetzee, Philna du Preez, Adele Msiza, Clara D. |
Keywords: | Audit committees Corporate governance Auditing Logistic regression analysis |
Issue Date: | 2021-07 |
Publisher: | Ahmet Gökgöz |
Citation: | Erasmus, L. J., Coetzee, P., du Preez, A., & Msiza, C. D. (2021). The relationship between audit committee best practice and good governance. Journal of Accounting, Finance and Auditing Studies, 7(3), 158-183. |
Abstract: | Purpose: This study investigated, from a practice-theory
perspective, whether audit committee best practice influences sound
governance, applying the proxy of the external audit outcome. Methodology: Binary logistic analysis was applied to determine a relationship between audit committee best practice and the external audit outcome, within a sample of South African private sector and public sector organisations, employing optimal scaling to reduce the items to a workable number of variables. Findings: The results indicated that there is a statistically significant relationship between some audit committee ‘best practice’ practices and the external audit outcome – supporting practice theory. Originality/Value: Although studies have investigated the relationship between certain audit committee characteristics and the external audit outcome, no study could be found where the influence of audit committee best practice on the external audit outcome was examined, supporting the worth of an effective audit committee in a time of regular corporate failures. |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/78937 |
Appears in Collections: | Journal of Accounting, Finance and Auditing Studies, Volume 7, Issue 3 Journal of Accounting, Finance and Auditing Studies, Volume 7, Issue 3 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
JAFAS7(3)A8.pdf | 564.65 kB | Adobe PDF | View/Open |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.