Title: Linking diversity on audit committees and financial reporting quality in Poland
Authors: Dorota Dobija; Karolina Puławska
Addresses: Accounting Department, Kozminski University, Warsaw, Poland ' Accounting Department, Kozminski University, Warsaw, Poland
Abstract: This study investigates the influential effects of diversity among audit committees' members on the quality of the financial reporting. We use an insider corporate governance model characterised by high ownership concentration, low minority shareholder protection and a two-tier corporate governance system to show how different environments affect the efficiency of boards and their AC. Our findings highlight how various diversity characteristics influence a board's monitoring function and can, therefore, help supervisory bodies and regulators promote corporate governance practices, especially the responsibilities of ACs, in both Central and Eastern Europe and other emerging economies.
Keywords: audit committees; diversity; financial reporting quality; audit reporting lag; Poland.
European Journal of International Management, 2023 Vol.20 No.3, pp.408 - 443
Received: 25 Aug 2018
Accepted: 25 May 2019
Published online: 29 Jun 2023 *