Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector

This study attempts to provide evidence on the relationship between corporate governance mechanisms, auditor quality, and reliability of audited financial information in Libya. The objectives of the study are to extend the evidence linking external corporate governance mechanisms to auditor quality,...

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Main Author:	Alrshah, Abdelfatah M.
Format:	Thesis
Language:	eng eng
Published:	2014
Subjects:	HD2709-2930.7 Corporations HD2709-2930.7 Corporations
Online Access:	https://etd.uum.edu.my/4906/1/s92539.pdf https://etd.uum.edu.my/4906/2/s92539_abstract.pdf
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id	my-uum-etd.4906
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Fadzil, Faudziah Hanim
topic	HD2709-2930.7 Corporations HD2709-2930.7 Corporations
spellingShingle	HD2709-2930.7 Corporations HD2709-2930.7 Corporations Alrshah, Abdelfatah M. Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector
description	This study attempts to provide evidence on the relationship between corporate governance mechanisms, auditor quality, and reliability of audited financial information in Libya. The objectives of the study are to extend the evidence linking external corporate governance mechanisms to auditor quality, examine the relationship between internal corporate governance practices and auditor quality, investigate the relationship between auditor quality and reliability of audited financial statements, and examine the mediating effect of auditor quality on the relationship between corporate governance mechanisms and the reliability of audited financial statements in the Libyan Banking Sector. The primary data for this study is gathered by opting survey technique so the data used in this study is primary in nature. Convenient sampling is used to gather the data and the main respondent of this study are auditors and loan officers of banking sector of Libya. Then correlation and regression analysis are used to acquire empirical rsults from the data gathered, by using spss. The main findings indicate that there is a direct significant positive relationship between corporate governance mechanisms and the reliability of audited financial statements. It is also established that there is a direct positive relationship between corporate governance practices and auditor quality. The results also reveal a direct strong positive relationship between auditor quality and the reliability of audited financial statements. In terms of mediation, the findings of the study show that auditor quality partially mediates the relationship between corporate governance mechanisms and the reliability of audited financial statements. The main contribution of the study is its in-depth investigation of financial reporting and providing an understanding of the role played by external and internal corporate governance mechanisms in the external audit process in banking sector of Libya, albeit a form of investigation rarely found in prior studies, is also used to obtain the empirical results. Furthermore, the study highlights the role of audit committee in enhancing financial reporting quality. Finally, the study also improved the understanding of why and how auditor quality influences the reliability of audited financial statements
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Alrshah, Abdelfatah M.
author_facet	Alrshah, Abdelfatah M.
author_sort	Alrshah, Abdelfatah M.
title	Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector
title_short	Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector
title_full	Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector
title_fullStr	Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector
title_full_unstemmed	Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector
title_sort	corporate governance, auditor quality and the reliability of audited financial statements in libyan banking sector
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2014
url	https://etd.uum.edu.my/4906/1/s92539.pdf https://etd.uum.edu.my/4906/2/s92539_abstract.pdf
_version_	1747827825846517760
spelling	my-uum-etd.49062022-04-09T23:55:46Z Corporate governance, auditor quality and the reliability of audited financial statements in Libyan banking sector 2014 Alrshah, Abdelfatah M. Fadzil, Faudziah Hanim Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD2709-2930.7 Corporations HF5667 Professional Ethics. Auditors. This study attempts to provide evidence on the relationship between corporate governance mechanisms, auditor quality, and reliability of audited financial information in Libya. The objectives of the study are to extend the evidence linking external corporate governance mechanisms to auditor quality, examine the relationship between internal corporate governance practices and auditor quality, investigate the relationship between auditor quality and reliability of audited financial statements, and examine the mediating effect of auditor quality on the relationship between corporate governance mechanisms and the reliability of audited financial statements in the Libyan Banking Sector. The primary data for this study is gathered by opting survey technique so the data used in this study is primary in nature. Convenient sampling is used to gather the data and the main respondent of this study are auditors and loan officers of banking sector of Libya. Then correlation and regression analysis are used to acquire empirical rsults from the data gathered, by using spss. The main findings indicate that there is a direct significant positive relationship between corporate governance mechanisms and the reliability of audited financial statements. It is also established that there is a direct positive relationship between corporate governance practices and auditor quality. The results also reveal a direct strong positive relationship between auditor quality and the reliability of audited financial statements. In terms of mediation, the findings of the study show that auditor quality partially mediates the relationship between corporate governance mechanisms and the reliability of audited financial statements. The main contribution of the study is its in-depth investigation of financial reporting and providing an understanding of the role played by external and internal corporate governance mechanisms in the external audit process in banking sector of Libya, albeit a form of investigation rarely found in prior studies, is also used to obtain the empirical results. Furthermore, the study highlights the role of audit committee in enhancing financial reporting quality. Finally, the study also improved the understanding of why and how auditor quality influences the reliability of audited financial statements 2014 Thesis https://etd.uum.edu.my/4906/ https://etd.uum.edu.my/4906/1/s92539.pdf text eng public https://etd.uum.edu.my/4906/2/s92539_abstract.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Abbott, L. J. & Parker, S. (2000). Auditor selection and audit committee. Auditing A Journal of Practice and Theory, 19(2), 47–66. 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