Corporate governance and audit committee

Laura Salloum, Charbel Salloum (), Hager Jarrar, Mario Sassine, Elias Gebrayel and Nathalie Chaanine
Additional contact information
Laura Salloum: Bart & Jones Publishers
Charbel Salloum: USEK - Université Saint-Esprit de Kaslik
Hager Jarrar: USEK - Université Saint-Esprit de Kaslik
Mario Sassine: USEK - Université Saint-Esprit de Kaslik
Elias Gebrayel: CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine
Nathalie Chaanine: Cabinet Deloitte & Touche

Post-Print from HAL

Abstract: The objective of this paper is to examine the relationship between audit committees, compensation plans and corporate audit fees in Lebanon by using the data of 110 family firms. A panel data was used to test our hypothesis, and the result of panel regression shows that audit committee's attributes such as size, independence, meeting frequency and expertise, and compensation plans positively affect corporate audit fees. This result comes in consistency with the fact that the audit committee members' expertise also affects the fees charged by auditors to the company under audit. In addition, both long- and short-term compensation plans affect the fees paid by the auditee to the external auditing firm.

Keywords: audit committees; compensation plans; audit fees; corporate governance; auditing; Lebanon; committe size; committe independence; meeting frequency; committe expertise. (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in International Journal of Managerial and Financial Accounting, 2015, 7 (3/4), pp.198-216. ⟨10.1504/IJMFA.2015.074900⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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-01692940

DOI: 10.1504/IJMFA.2015.074900

Access Statistics for this paper

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