Assessing Audit Committee Effectiveness on Real Earnings Management of Listed Non-Financial Firms in Nigeria

Ahmad Muhammad Ahmad () and Inyada Sunday ()
Additional contact information
Ahmad Muhammad Ahmad: Department of Accounting, Postal: Nigerian Army University Biu. Borno State, Nigeria,, https://www.afarng.org/Volume3Issue1June2023.php
Inyada Sunday: Department of Accounting, Postal: Nigerian Army University Biu. Borno State, Nigeria, https://www.afarng.org/Volume3Issue1June2023.php

Multidisciplinary Journal of Social Sciences, 2023, vol. 3, issue 1, 181-196

Abstract: The study is aimed at investigating the potential impact of audit commi􀄴ee in the financial performance of listed non-financial firms in Nigeria for a period of 10years spanning 2011- 202. The dependent variable of the study is real earnings management proxy Srivastava (2019) revised model while the independent variable of the study is audit commi􀄴ee proxy by audit commi􀄴ee independence, audit commi􀄴ee size, audit commi􀄴ee diversity and audit commi􀄴ee meetings. The study arrived at 760 firm year observations from a population of 113 listed non-financial companies in Nigeria; the extracted secondary data was analysed using PCSE and the results revealed that audit commi􀄴ee independence audit commi􀄴ee size and audit commi􀄴ee meetings have no significant impact on real earnings management while only audit commi􀄴ee diversity among all the variables showed a significant positive impact on real earnings management of listed non-financial firms in Nigeria. The study recommends that the number of members in the audit commi􀄴ee should be increased by the relevant authority and the percentage of women in the composition in the audit commi􀄴ee should also be increased as this will help in reducing earnings management and improve the efficiency of the commi􀄴ee.

Keywords: Audit commi􀄴ee; Financial firms; Financial performance; Financial information; Real earnings management (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.afarng.org/MJSS%20Volume%203,%20Issue% ... e%202023_190-205.pdf Full text (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:ris:amjoss:0009

Access Statistics for this article

Multidisciplinary Journal of Social Sciences is currently edited by Muhammad Akaro Mainoma, Godwin Emmanuel Oyedokun, Tankiso Moloi, Suleiman A. S. Aruwa and Aderemi Kabiru Adeyemo

More articles in Multidisciplinary Journal of Social Sciences from Association of Forensic Accounting Researchers (AFAR) Contact information at EDIRC.
Bibliographic data for series maintained by Daniel Akanbi ().