Structure de Propriété et Qualité de l'Audit Externe: Cas des Entreprises Belges Cotées

Azhaar Lajmi () and Marjène Gana
Additional contact information
Azhaar Lajmi: Unité de recherche Finance et Stratégies des Affaires - ISG Tunis

Post-Print from HAL

Abstract: This article aims to understand the behavior of Belgian companies in their choice of audit quality, referring to the characteristics of their ownership structure. The quality of external audit is approximated by a composite multi-items index. On the basis of a sample of 96 Belgian companies listed on the Euronext Brussels Stock Exchange during the period 2003-2007, a significant negative relationship between, on one hand, the share capital held by insiders and institutional investors and, secondly, audit quality index is highlighted. In contrast, a significant and positive effect of ownership concentration on the quality of external audit. Finally, the hypothesis of a non-linear relation between the audit quality and the governance variables is rejected.

Keywords: governance; ownership structure; index of external audit quality; gouvernance d'entreprise; structure de propriété; indice de la qualité d'audit externe (search for similar items in EconPapers)
Date: 2011-05-10
Note: View the original document on HAL open archive server: https://hal.science/hal-00650542v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Comptabilités, économie et société, May 2011, Montpellier, France. pp.cd-rom

Downloads: (external link)
https://hal.science/hal-00650542v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00650542

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().