Musa Nura, Dakata and Kamardin, Hasnah and Abdul Malak, Siti Seri Delima (2017) Audit committee attendance and earnings management in Nigeria. Asian Journal of Multidisciplinary Studies, 5 (3). pp. 47-54. ISSN 2348-7186

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Abstract

Purpose- The aim of this study is to examine whether frequency of audit committee meetings and attendance in audit committee are associated with accrual earnings management.Design/methodology/approach- The sample of the study is 14 companies under the Industrial Goods sub-sector listed under the Nigerian Stock Exchange (NSE) for the years 2012-2014.Modified Jones Model (1995) was used to measure earnings management proxied by discretionary accruals. Findings- The findings show that frequency of audit committee meetings and attendance during the meetings negatively and significantly associated with discretionary accruals.Theoretical implications- This study extends the previous related literature by examining the association between audit committee meetings and attendance and earnings management.Practical implications- Regulators might use the findings of the study to regulate and further control the attendance of audit committee members during audit committee meetings.Originality/value- This paper uses agency theory to provide empirical evidence on the importance of frequent audit committee meetings and higher attendance in audit committee meetings.

Item Type:	Article
Uncontrolled Keywords:	earnings management, corporate governance, audit committee meeting, audit committee attendance, discretionary accruals
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Dr. Hasnah Kamardin
Date Deposited:	27 Apr 2017 01:51
Last Modified:	27 Apr 2017 01:51
URI:	https://repo.uum.edu.my/id/eprint/21849

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