BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA
The study investigates the effects of board characteristics on the audit quality of publicly traded listed consumer goods firms in Nigeria from 2013 to 2022. An ex-post facto research approach was used in this study. For data analysis, the panel regression technique was used in the study. The study...
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| Format: | Article |
| Language: | English |
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Department of Accounting and Finance, Federal University Gusau
2024-09-01
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| Series: | Gusau Journal of Accounting and Finance |
| Subjects: | |
| Online Access: | https://journals.gujaf.com.ng/index.php/gujaf/article/view/276 |
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| _version_ | 1823857091029237760 |
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| author | Aliyu Shehu Usman Danson Andrew Gyar Abdullahi Bala Ado |
| author_facet | Aliyu Shehu Usman Danson Andrew Gyar Abdullahi Bala Ado |
| author_sort | Aliyu Shehu Usman |
| collection | DOAJ |
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The study investigates the effects of board characteristics on the audit quality of publicly traded listed consumer goods firms in Nigeria from 2013 to 2022. An ex-post facto research approach was used in this study. For data analysis, the panel regression technique was used in the study. The study's findings revealed that board independence and board financial expertise have a positive and significant effect on the audit quality of Nigerian listed consumer goods companies. However, board gender diversity had a negative and insignificant effect on the audit quality of Nigerian-listed consumer goods companies. The study concludes that boards with more independent members who are not influenced by management may improve the audit process efficacy. To improve audit quality, listed consumer goods firms should focus on retaining board independence and guaranteeing the presence of directors with significant financial experience. While the relationship between board gender diversity and audit quality is still uncertain, it is critical to promote diversity and inclusivity on corporate boards in order to build a more robust governance structure. Continuous monitoring and research in this area will contribute to a better understanding of the relationship between gender diversity and audit quality.
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| format | Article |
| id | doaj-art-c8fb26b2d1c94a6ab26c6d06fef28277 |
| institution | Kabale University |
| issn | 2756-665X 2756-6897 |
| language | English |
| publishDate | 2024-09-01 |
| publisher | Department of Accounting and Finance, Federal University Gusau |
| record_format | Article |
| series | Gusau Journal of Accounting and Finance |
| spelling | doaj-art-c8fb26b2d1c94a6ab26c6d06fef282772025-02-12T01:06:45ZengDepartment of Accounting and Finance, Federal University GusauGusau Journal of Accounting and Finance2756-665X2756-68972024-09-015110.57233/gujaf.v5i1.03BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIAAliyu Shehu Usman0Danson Andrew Gyar1Abdullahi Bala Ado2Taraba State University, JalingoTaraba State University, JalingoAl-Qalam University, Katsina The study investigates the effects of board characteristics on the audit quality of publicly traded listed consumer goods firms in Nigeria from 2013 to 2022. An ex-post facto research approach was used in this study. For data analysis, the panel regression technique was used in the study. The study's findings revealed that board independence and board financial expertise have a positive and significant effect on the audit quality of Nigerian listed consumer goods companies. However, board gender diversity had a negative and insignificant effect on the audit quality of Nigerian-listed consumer goods companies. The study concludes that boards with more independent members who are not influenced by management may improve the audit process efficacy. To improve audit quality, listed consumer goods firms should focus on retaining board independence and guaranteeing the presence of directors with significant financial experience. While the relationship between board gender diversity and audit quality is still uncertain, it is critical to promote diversity and inclusivity on corporate boards in order to build a more robust governance structure. Continuous monitoring and research in this area will contribute to a better understanding of the relationship between gender diversity and audit quality. https://journals.gujaf.com.ng/index.php/gujaf/article/view/276Board independencefinancial expertisegender diversityaudit quality |
| spellingShingle | Aliyu Shehu Usman Danson Andrew Gyar Abdullahi Bala Ado BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA Gusau Journal of Accounting and Finance Board independence financial expertise gender diversity audit quality |
| title | BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA |
| title_full | BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA |
| title_fullStr | BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA |
| title_full_unstemmed | BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA |
| title_short | BOARD CHARACTERISTICS AND AUDIT QUALITY OF LISTED CONSUMER GOODS FIRMS IN NIGERIA |
| title_sort | board characteristics and audit quality of listed consumer goods firms in nigeria |
| topic | Board independence financial expertise gender diversity audit quality |
| url | https://journals.gujaf.com.ng/index.php/gujaf/article/view/276 |
| work_keys_str_mv | AT aliyushehuusman boardcharacteristicsandauditqualityoflistedconsumergoodsfirmsinnigeria AT dansonandrewgyar boardcharacteristicsandauditqualityoflistedconsumergoodsfirmsinnigeria AT abdullahibalaado boardcharacteristicsandauditqualityoflistedconsumergoodsfirmsinnigeria |