Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia

Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia

This study examines the effect of audit committee characteristics namely audit committee independence, accounting background of the chairman of audit committee and financial expertise of audit committee members on the financial restatements of the public listed companies in Malaysia. Many studies th...

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Main Author: Noorhanim, Mohamad Zainal
Format: Thesis
Language:eng
eng
Published: 2016
Subjects:
HF5601-5689 Accounting
HG Finance
Online Access:https://etd.uum.edu.my/6261/1/s815200_01.pdf
https://etd.uum.edu.my/6261/2/s815200_02.pdf
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id my-uum-etd.6261
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Shafie, Rohami
topic HF5601-5689 Accounting
HG Finance
spellingShingle HF5601-5689 Accounting
HG Finance
Noorhanim, Mohamad Zainal
Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia
description This study examines the effect of audit committee characteristics namely audit committee independence, accounting background of the chairman of audit committee and financial expertise of audit committee members on the financial restatements of the public listed companies in Malaysia. Many studies that investigated the relationship between audit committee characteristics and financial restatements were done in foreign countries. Therefore, this study contributes to the literature in this field of study in Malaysia. The theoretical foundation of this relationship was supported by agency theory. The main source of information for this study was obtained from the annual reports for the fiscal year 2014. By using the logistic regression analysis, the results show that there is negative relationship between the audit committee independence and financial restatements. However, with regards the results for the accounting background of the chairman of audit committee and the financial expertise of audit committee members show that the relationship are not statistically significant. In order to get better understanding of the relationship between audit committee characteristics and financial restatements, this study also has discussed the implications and suggestions for future research.
format Thesis
qualification_name masters
qualification_level Master's degree
author Noorhanim, Mohamad Zainal
author_facet Noorhanim, Mohamad Zainal
author_sort Noorhanim, Mohamad Zainal
title Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia
title_short Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia
title_full Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia
title_fullStr Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia
title_full_unstemmed Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia
title_sort audit committee independence, financial expertise and financial restatements: empirical evidence in malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2016
url https://etd.uum.edu.my/6261/1/s815200_01.pdf
https://etd.uum.edu.my/6261/2/s815200_02.pdf
_version_ 1747828047234465792
spelling my-uum-etd.62612021-04-19T02:52:28Z Audit committee independence, financial expertise and financial restatements: empirical evidence in Malaysia 2016 Noorhanim, Mohamad Zainal Shafie, Rohami Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5601-5689 Accounting HG Finance This study examines the effect of audit committee characteristics namely audit committee independence, accounting background of the chairman of audit committee and financial expertise of audit committee members on the financial restatements of the public listed companies in Malaysia. Many studies that investigated the relationship between audit committee characteristics and financial restatements were done in foreign countries. Therefore, this study contributes to the literature in this field of study in Malaysia. The theoretical foundation of this relationship was supported by agency theory. The main source of information for this study was obtained from the annual reports for the fiscal year 2014. By using the logistic regression analysis, the results show that there is negative relationship between the audit committee independence and financial restatements. However, with regards the results for the accounting background of the chairman of audit committee and the financial expertise of audit committee members show that the relationship are not statistically significant. In order to get better understanding of the relationship between audit committee characteristics and financial restatements, this study also has discussed the implications and suggestions for future research. 2016 Thesis https://etd.uum.edu.my/6261/ https://etd.uum.edu.my/6261/1/s815200_01.pdf text eng public https://etd.uum.edu.my/6261/2/s815200_02.pdf text eng public masters masters Universiti Utara Malaysia Abbott, L.J., Parker, S., & Peters, G.F. (2004). 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