Open AccessDo audit committee characteristics of Bahraini listed companies have an effect on the level of internet financial reporting?
Author(s) -
Sara AbdulHakeem Saleh AlMatrooshi,
Abdalmuttaleb Al-Sartawi,
Zakeya Sanad
Publication year - 2016
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv13i3p12
Subject(s) - audit committee , accounting , business , audit , the internet , joint audit , corporate governance , chief audit executive , order (exchange) , information technology audit , audit evidence , finance , internal audit , world wide web , computer science
Corporate Governance and IFR are influential topics that need to be addressed nowadays due to its importance. Especially since companies are growing and extending globally. This research is conducted in Kingdom of Bahrain through the year 2014, where it investigates the relationship between Audit Committee characteristics as a tool of CG and IFR. Literature review has been conducted, not to mention Multi-regression test was used to evaluate the relationship between Audit Committee characteristics and IFR for Bahraini listed companies. The results have showed that the relationship between Audit Committee characteristics and IFR is negative, which indicates that the Audit committee characteristics have no influence over the disclosure of financial information over the internet. However, Frequency of meeting of the board and Big4 resulted in a positive relationship with internet financial reporting. The study ends with a main conclusion and recommendation that contain certain steps and advices of disclosing financial information in an appropriate way through the internet in order to improve the relationship between Audit committee characteristics and IFR.