CORPORATE GOVERNANCE AND AUDIT QUALITY
CORPORATE GOVERNANCE AND AUDIT QUALITY
Author(s): Obehi Omena Igbinoba, Iyoha Unuagbon OwaghianyeSubject(s): Economy, Business Economy / Management
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: Audit Quality; Corporate governance; Board size; Board gender diversity; Audit committee size; Board independence;
Summary/Abstract: The study aims to examine the relationship between corporate governance and audit quality. The study used correlational and ex post facto research design. The population consists of all fifty-eight (58) insurance companies licensed to operate in Nigeria as of December 2023. Twenty-one (21) insurance companies were included in the study's sample using the purposive sampling technique. The audit firm type and audit fees were used as proxies for audit quality. The study revealed that board size, board independence, and board gender diversity improved audit quality. However, it was discovered that audit committee size had a negative effect on audit quality. According to the study, companies should prioritize maintaining or increasing board independence because it can improve the quality of audits. Companies should also recognize the potential benefits of having a more diverse representation of gender on their boards.
Journal: Journal of Academic Research in Economics (JARE)
- Issue Year: 17/2025
- Issue No: 2
- Page Range: 335-349
- Page Count: 15
- Language: English
