Voluntary formation of audit committees and their practices : an Australian study
Date of Award
Master of Business
School of Accounting, Finance and Economics
Faculty of Business and Law
The study has examined the determinants for the voluntary formation of audit committees and analysed their practices using the annual reports for the financial year 2004. The sample size was obtained from the Connect 4 database of companies. Using Agency theory, the study hypothesized that voluntary formation of audit committees was linked to Big 4 external auditors, proportion of independent directors, leverage, firm size, management's share of ownership, board size, assets in place and the total number of shares issued.
Jari, Amish, "Voluntary formation of audit committees and their practices : an Australian study" (2008). Theses: Doctorates and Masters. Paper 189.