 Impact of board characteristics on auditor choice by deposit money banks in NigeriaKhadijat Adenola Yahaya and Khairat Taiwo Ajibola African Journal of Accounting, Auditing and Finance, 2020, vol. 7, issue 2, 126-142 Abstract: The issue of board characteristics has received attention from the auditing profession due to users' demand for good governance. This study examined how board characteristics affect the selection of auditors by deposit money banks in Nigeria through the use of ex-post facto research design. The study used secondary data collected from annual reports of six selected banks in Nigeria for the period of ten years covering 2008-2017. Panel logistic regression was adopted. Findings revealed that board size had positive and significant relationship with auditor choice (0.758). Board independence and financial leverage exhibited negative but significant relationship with auditor choice (−10.71: −25.69). The study concluded that board size, board independence and financial leverage are important factors in the selection of high quality auditor by banks. It was recommended that independent directors should be allowed to take active part in the day to day activities of the banks to boost their operational efficiency. Keywords: auditor; board size; board independence; financial leverage; deposit money banks; Nigeria. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ajaafi:v:7:y:2020:i:2:p:126-142 Access Statistics for this article More articles in African Journal of Accounting, Auditing and Finance from Inderscience Enterprises Ltd |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.