The characteristics of the Board of Directors and their impact on the delay of the external auditor’s report by applying to companies listed on the Egyptian Stock Exchange (Published)
This study aimed to identify the effect of the characteristics of the Board of Directors (the size of the Board of Directors, Duality of the Board of Directors, The balance between executive and non-executive members of the Board of Directors, Board independence, the experience of the Board of Directors) On the delay of the issuance of the audit report. The sample of the study was (16) listed companies on the Egyptian Stock Exchange during the period (2013-2016). The required data were obtained from the published annual reports of the sample companies on the Egyptian Stock Exchange website. Multiple regression analysis was used to test the hypotheses of the study; the study reached the most important results of the impact of the Board size, Board independence and the experience of the Board of Directors to delay the issuance of the independent audit report. One of the most important recommendations of the study is the need for legislation at the local and global level that enhances the characteristics of the board of directors in companies and its impact on delaying the issuance of the independent audit report so that it becomes mandatory for companies which in turn enhances the credibility and reliability of the financial statements, In addition to Conduct more future studies on the same topic of research for its importance.
Keywords: Board Of Directors, Egyptian stock exchange., delay of the external auditor’s report
Investigating the relation of independence of boards of directors with earning: evidence from listed firms in Tehran stock exchange (Review Completed - Accepted)
The purpose of this article is to investigate the relation of companies’ board of directors and its composition with annual earnings. The sample of this research is 61 of registered firms in Tehran Stock Exchange which have complete financial information and reports about the composition of their board of directors from 2008 to 2013. The results shows that board of directors with more independent managers have made much more earnings, therefore have direct influence on profit of firms. Thus, we can claim that board of directors is a vital factor for stock exchange firms for being profitable. The result in this research is in line with previews researches in this field. We conclude that firms with more independent managers on their board of directors are more profitable than those with less independent managers on their board of directors.
Keywords: Board Of Directors, Earnings Management, Tehran stock exchange
Audit Committees: The Journey So Far In Nigeria (Review Completed - Accepted)
Before 1989, there was no issues of audit committee in Nigeria. In 1989 Professor Olowokure article titled a Case for Audit Committee in Nigeria was written drawing the attention of Government, Stakeholders for the use of Audit Committee in public companies in Nigeria. Hence this was captured in the CAMA 1990 as amended Section 359 (3), it then become very important in Nigeria. The importance have led to problematic issues which resulted to why the research is been carried out.
Keywords: Audit Committee, Board Of Directors, Corporate Governance, Shareholders