QUT ePrints

Internal audit quality, audit committee independence, growth opportunities and firm performance

Hutchinson, Marion Ruth & Zain, Mazlina Mat (2009) Internal audit quality, audit committee independence, growth opportunities and firm performance. Corporate Ownership and Control, 7(2), pp. 50-63.

View at publisher

Abstract

This study explores whether the relation between internal audit quality and firm performance is associated with firm characteristics of information asymmetry and uncertainty (growth opportunities) and certain governance controls (audit committee effectiveness). The results from this preliminary study of 60 Malaysian companies show that the association between internal audit quality and firm performance is stronger for firms with high growth opportunities and that this positive association is weakened by increasing audit committee independence. These findings demonstrate the internal auditors conflicting roles and question the governance recommendations that require all members of the audit committee to be non-executive directors.

Impact and interest:

1 citations in Scopus
Search Google Scholar™

Citation countsare sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

3,522 since deposited on 04 Dec 2009
1,530 in the past twelve months

Full-text downloadsdisplays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 29070
Item Type: Journal Article
Keywords: Growth opportunities, internal audits, audit committee
ISSN: 1727-9232
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > ACCOUNTING AUDITING AND ACCOUNTABILITY (150100)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
Copyright Owner: Copyright 2009 Virtus Interpress
Deposited On: 04 Dec 2009 13:45
Last Modified: 29 Feb 2012 23:59

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page