Title: Measuring the effectiveness of selected corporate governance practices and their implications for audit quality: evidence from Qatar

Authors: Emad Awadallah

Addresses: Accounting and Information Systems, College of Business and Economics, Qatar University, Doha, Qatar

Abstract: Recent global financial scandals have led to a number of investigations into the effectiveness of corporate governance. Although evidence exists from developed economies, very scanty studies have been conducted in emerging economies where corporate governance is just evolving. The aim of this study is to provide evidence on the effectiveness of corporate governance practices and the implications for audit quality in Qatar, a fast-developing country. The paper conducts a market-based study. Data for analysis are gathered from the non-financial companies listed on the stock exchange, covering a four-year period 2013–2016. Logistic regression is used in investigating the questions that are raised in the study. Findings show that board independence, CEO duality and audit committees have a significant relationship with audit quality. The results also indicate that institutional investors and managerial ownership have no significant impact on audit quality. Furthermore, the size of the company, along with business complexity and leverage, are affecting audit quality.

Keywords: non-financial companies; corporate governance practices; board independence; CEO duality; audit committees; institutional investors; managerial ownership; audit quality; Qatar; Qatar Stock Exchange; QSE.

DOI: 10.1504/AAJFA.2020.104402

Afro-Asian Journal of Finance and Accounting, 2020 Vol.10 No.1, pp.24 - 47

Received: 24 Oct 2017
Accepted: 24 Mar 2018

Published online: 10 Jan 2020 *

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