How to cite this paper
Khudhair, D., Al-Zubaidi, F & Raji, A. (2019). The effect of board characteristics and audit committee characteristics on audit quality.Management Science Letters , 9(2), 271-282.
Refrences
Abbott, L. J, Parker, S. & Peters, G. P. (2004). Audit committee characteristics and restatement. Auditing: A Journal of Practice and Theory, 3(1), 69-87.
Abbott, L. J., Parker, S., & Peters, G. F. (2004). Audit committee characteristics and restatements. Auditing: A Journal of Practice & Theory, 23(1), 69-87.
Abbott, L. J., & Parker, S. (2000). Auditor selection and audit committee characteristics. Auditing: A Journal of Practice & Theory, 19(2), 47-66.
Abbott, L. J., & Parker, S. (2000). Auditor selection and audit committee characteristics. Auditing: A journal of practice & theory, 19(2), 47-66.
Abbott, L. J. & Parker, S. (1999). Audit committee characteristics and auditor selection: evidence from auditoswitches. Working paper. University of Memphis.
Abu Bakar, N., Rahman, A., & Rashid, H. (2005). Factors influencing auditor independence: Malaysian loan officers' perceptions. Managerial Auditing Journal, 20(8), 804-822.
Adegbite, E. (2015). Good corporate governance in Nigeria: Antecedents, propositions and peculiarities. International Business Review, 24(2), 319-330.
Ahunwan, B. (2003). Globalization and corporate governance in developing countries: A micro analysis of global corporate interconnection between developing African countries and developed countries. Ardsley.
Al-Matari, Y. A., Al-Swidi, A. K., Fadzil, F. H. B., Fadzil, H., & Al-Matari, E. M. (2012). Board of directors, audit committee characteristics and the performance of Saudi Arabia listed companies. International Review of Management and Marketing, 2(4), 241.
Al-Mudhaki, J., & Joshi, P. L. (2004). The role and functions of audit committees in the Indian corporate governance: Empirical findings. International Journal of Auditing, 8(1), 33-47.
Ameer, R., Ramli, F. & Zakaria, H. (2010). A new perspective on board composition and firm performance in an emerging market. Corporate Governance, 10(5), 647-661.
Anderson, R. C., Mansi, S. A., & Reeb, D. M. (2004). Board characteristics, accounting report integrity, and the cost of debt. Journal of Accounting and Economics, 37(3), 315-342.
Balakrishnan, K., Billings, M. B., Kelly, B., & Ljungqvist, A. (2014). Shaping liquidity: On the causal effects of voluntary disclosure. the Journal of Finance, 69(5), 2237-2278.
Bassett, L. (1998). Putting board evaluation to work. Corporate Board, 19(109), 20.
Behn, B. K., Carcello, J. V., Hermanson, D. R., & Hermanson, R. H. (1997). The determinants of audit client satisfaction among clients of big 6 firms. Accounting horizons, 11(1), 7.
Bonn, I. (2004). Board structure and firm performance: Evidence from Australia. Journal of Management and Organisation, 10(1), 14-24.
Bronson, S. N., Carcello, J. V., & Raghunandan, K. (2006). Firm characteristics and voluntary management reports on internal control. Auditing: A Journal of Practice & Theory, 25(2), 25-39.
Bronson, S. N., Carcello, J. V., Hollingsworth, C. W., & Neal, T. L. (2009). Are fully independent audit committees really necessary?. Journal of Accounting and Public Policy, 28(4), 265-280.
Brown, A.M. (2004). The financial milieu of the IASB and AASB. 4th Asia Pacific Interdisciplinary Research in Accounting Conference, 4-6 July.
Bryan, D., Liu, M.H.C. & Tiras, S.L. (2004). The influence of independent and effective audit committees on earnings quality. working paper, State University of New York, Buffalo, NY.
Carcello, J., & T. Neal. (2000). Audit committee composition and auditor reporting. The Accounting Review, 75, 453-467.
Carcello, J., & T. Neal. (2003). Audit committee characteristics and auditor dismissals following ‘’new’’ going- concern reports. The Accounting Review, 78, 95- 117.
Cheng, S. (2008). Board size and the variability of corporate performance. Journal of Financial Economics, 87(1), 157-176.
Dalley, P. J. (2003). Public company corporate governance under the Sarbanes-Oxley Act of 2002. Okla. City UL Rev., 28, 185.
Davidson III, W. N., Xie, B., & Xu, W. (2004). Market reaction to voluntary announcements of audit committee ap-pointments: The effect of financial expertise. Journal of Accounting and Public Policy, 23(4), 279-293.
Deakin, S., & Konzelman, S. (2004). Learning from Enron. Corporate Governance,12(2), 134-142.
Deangelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183–199.
DeFond, M. L. (1992). The association between changes in client firm agency costs and auditor switch-ing. Auditing, 11(1), 16.
DeFond, M. L., & Francis, J. R. (2005). Audit research after sarbanes-oxley. Auditing: A Journal of Practice & Theory, 24(s-1), 5-30.
DeFond, M. L., Hann, R. N., & Hu, X. (2005). Does the market value financial expertise on audit committees of boards of directors?. Journal of Accounting Research, 43(2), 153-193.
DeZoort, F. T., & Salterio, S. E. (2001). The effects of corporate governance experience and financial-reporting and audit knowledge on audit committee members' judgments. Auditing: A Journal of Practice & Theory, 20(2), 31-47.
DeZoort, F. T., Hermanson, D. R., & Houston, R. W. (2003). Audit committee support for auditors: The effects of materi-ality justification and accounting precision. Journal of Accounting and Public Policy, 22(2), 175-199.
Dhaliwal, D. A. N., Naiker, V. I. C., & Navissi, F. (2010). The association between accruals quality and the characteristics of accounting experts and mix of expertise on audit committees. Contemporary Accounting Research, 27(3), 787-827.
Duff, A. (2004). AUDITQUAL: Dimensions of Audit Quality. Institute of Chartered Accountants of Scotland: Edinburgh.
Eichenseher, J. W., & Shields, D. (1985). Corporate director liability and monitoring preferences. Journal of Accounting and Public Policy, 4(1), 13-31.
Eisenberg, T., Sundgren, S., & Wells, M. T. (1998). Larger board size and decreasing firm value in small firms1. Journal of financial economics, 48(1), 35-54.
Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. The journal of law and Economics, 26(2), 301-325.
Fodio, M. I., Ibikunle, J., & Oba, V. C. (2013). Corporate governance mechanisms and reported earnings quality in listed Nigerian insurance firms. International Journal of Finance and Accounting, 2(5), 279–286.
Francis, J. R., & Krishnan, J. (1999). Accounting accruals and auditor reporting conservatism. Contemporary Accounting Research, 16(1), 135-165.
Francis, J.R., (2004). What do we know about audit quality? The British Accounting Review, 36(4), 345–368.
Gerdes, L. (2009, September 14). The best places to launch a career. BusinessWeek, 32- 39.
Gottschalk, P. (2011). Prevention of white-collar crime: The role of accounting.
Gul, Ferid A., Hai Y., Teoh, Beer Andrew H.,, and Schelluch P. (1994). Theory and Practice of Australian Auditing. Third Edition, Nelson, an International Thomson Publishing Company, Australia.
Hoechle, D. (2007). Robust standard errors for panel regressions with cross-sectional dependence. Stata Journal, 7(3), 281.
Hutchinson, M., Mack, J., & Plastow, K. (2015). Who selects the ‘right’directors? An examination of the association between board selection, gender diversity and outcomes. Accounting & Finance, 55(4), 1071-1103.
International Auditing & Assurance Standards Board. (2011). Audit Quality: An IAASB perspective. New York.
Jaime, S., & Michael, S. W., (2013). Bringing darkness to light: The influence of auditor quality and audit committee expertise on the timeliness of financial statement restatement disclosures. Auditing: A Journal of Practice & Theory, 32(1), 221-244.
Cohen, J. R., Gaynor, L. M., Krishnamoorthy, G., & Wright, A. M. (2011). The impact on auditor judgments of CEO in-fluence on audit committee independence. Auditing: A Journal of Practice & Theory, 30(4), 129-147.
Jensen, M. C. (1993). The modern industrial revolution, exit and the failure of internal control systems. Journal of Finance, 48(3), 831-880.
Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
Kent, P., Routledge, J. & Stewart, J. (2010). Innate and discretionary accruals quality and corporate governance. Accounting and Finance, 50, 171–195.
Nicholson, G. J., & Kiel, G. C. (2004). A framework for diagnosing board effectiveness. Corporate Governance: An Inter-national Review, 12(4), 442-460.
Krishnan, G. V., & Visvanathan, G. (2008). Does the SOX definition of an accounting expert matter? The association be-tween audit committee directors' accounting expertise and accounting conservatism. Contemporary Accounting Re-search, 25(3), 827-858.
Krishnan, J. (2005). Audit committee quality and internal control: An empirical analysis. The accounting review, 80(2), 649-675.
Lee, T., & Stone, M. (1995). Competence and independence: the congenial twins of auditing?. Journal of Business Fi-nance & Accounting, 22(8), 1169-1177.
Lin, J. W., Li, J. F., & Yang, J. S. (2006). The effect of audit committee performance on earnings quality. Managerial Auditing Journal, 21(9), 921-933.
Lo, A. W., Wong, R. M., & Firth, M. (2010). Can corporate governance deter management from manipulating earnings? Evidence from related-party sales transactions in China. Journal of Corporate Finance, 16(2), 225-235.
Louis, H. (2005). Acquirers’ abnormal returns and the non-Big 4 auditor clientele effect. Journal of Accounting and Economics 40(1–3), 75–99.
Mautz, R. K., & Sharaf, H. (1961). The Philosophy of Auditing. American Accounting Association.
Mautz, R.K., & Neumann, F.L. (1970). Corporate audit committees. In S. Turley and M. Zaman, (2004). The corporate governance effects of audit committees. Journal of Management & Governance, 8(3), 305-332.
McDaniel, L., Martin, R. D., & Maines, L. A. (2002). Evaluating financial reporting quality: The effects of financial ex-pertise vs. financial literacy. The accounting review, 77(s-1), 139-167.
McDonald, M. L., & Westphal, J. D. (2013). Access denied: Low mentoring of women and minority first-time directors and its negative effects on appointments to additional boards. Academy of Management Journal, 56(4), 1169-1198.
Palmrose, Z-V. (1988). An analysis of auditor litigation and audit service quality. The Accounting Review, 63, 55-73.
PricewaterhouseCoopers (1999). Audit Committees: Best Practices for Protecting Shareholders’ Interest, New York, NY.
PricewaterhouseCoopers (2002). Mandatory Rotation of Audit Firms: Will It Improve Audit Quality? PricewaterhouseCoopers LLP, NewYork.
Raheja, C. G. (2005). Determinants of board size and composition: A theory of corporate boards. Journal of financial and quantitative analysis, 40(2), 283-306.
Reichelt, K. J., & Wang, D. (2010). National and office‐specific measures of auditor industry expertise and effects on audit quality. Journal of Accounting Research, 48(3), 647-686.
Sarbanes Oxley (SOX) Act (2002).Retrieved March21,2011
SEC (2003). Disclosure Required by Sections 406 and 407 of the Sarbanes-Oxley Act of 2002, Release Nos 33-8177; 34-47235, Securities and Exchange Commission, Washington, DC.
Sharma, V., Naiker, V., & Lee, B. (2009). Determinants of audit committee meeting frequency: Evidence from a volun-tary governance system. Accounting Horizons, 23(3), 245-263.
Skinner, D. J., & Srinivasan, S. (2012). Audit quality and auditor reputation: Evidence from Japan. The Accounting Review, 87(5), 1737-1765.
Smith Committee, (2003). Audit Committee Combined Code Guidance. Financial Reporting Council. London.
Sun, J. (2013). Auditor industry specialization, board governance, and earnings management. Managerial Auditing Journal, 28(1), 45–64.
Teoh, S. H., & Wong, T. J. (1993). Perceived auditor quality and the earnings response coefficient. Accounting Review, 68(2), 346-366.
Treadway Commission. (1987). Report on the National Commission on Fraudulent Financial Reporting. Committee of Sponsoring Organizations, New York.
Vicknair, D., Hickman, K., & Carnes, K. C. (1993). A note on audit committee independence: Evidence from the NYSE on" grey" area directors. Accounting Horizons, 7(1), 53-57.
Watts, R., & Zimmerman, J. (1981). The markets for independence and independent auditors. Unpublished manuscript (University of Rochester, Rochester, NY).
Wolnizer, P. W. (1995). Are audit committees red herrings? Abacus, 31 (March), 45–66.
Xie, B., Davidson III, W. N., & DaDalt, P. J. (2003). Earnings management and corporate governance: the role of the board and the audit committee. Journal of corporate finance, 9(3), 295-316.
Zona, F., Zattoni, A., & Minichilli, A. (2013). A contingency model of boards of directors and firm innovation: The moderating role of firm size. British Journal of Management, 24(3), 299-315.
Abbott, L. J., Parker, S., & Peters, G. F. (2004). Audit committee characteristics and restatements. Auditing: A Journal of Practice & Theory, 23(1), 69-87.
Abbott, L. J., & Parker, S. (2000). Auditor selection and audit committee characteristics. Auditing: A Journal of Practice & Theory, 19(2), 47-66.
Abbott, L. J., & Parker, S. (2000). Auditor selection and audit committee characteristics. Auditing: A journal of practice & theory, 19(2), 47-66.
Abbott, L. J. & Parker, S. (1999). Audit committee characteristics and auditor selection: evidence from auditoswitches. Working paper. University of Memphis.
Abu Bakar, N., Rahman, A., & Rashid, H. (2005). Factors influencing auditor independence: Malaysian loan officers' perceptions. Managerial Auditing Journal, 20(8), 804-822.
Adegbite, E. (2015). Good corporate governance in Nigeria: Antecedents, propositions and peculiarities. International Business Review, 24(2), 319-330.
Ahunwan, B. (2003). Globalization and corporate governance in developing countries: A micro analysis of global corporate interconnection between developing African countries and developed countries. Ardsley.
Al-Matari, Y. A., Al-Swidi, A. K., Fadzil, F. H. B., Fadzil, H., & Al-Matari, E. M. (2012). Board of directors, audit committee characteristics and the performance of Saudi Arabia listed companies. International Review of Management and Marketing, 2(4), 241.
Al-Mudhaki, J., & Joshi, P. L. (2004). The role and functions of audit committees in the Indian corporate governance: Empirical findings. International Journal of Auditing, 8(1), 33-47.
Ameer, R., Ramli, F. & Zakaria, H. (2010). A new perspective on board composition and firm performance in an emerging market. Corporate Governance, 10(5), 647-661.
Anderson, R. C., Mansi, S. A., & Reeb, D. M. (2004). Board characteristics, accounting report integrity, and the cost of debt. Journal of Accounting and Economics, 37(3), 315-342.
Balakrishnan, K., Billings, M. B., Kelly, B., & Ljungqvist, A. (2014). Shaping liquidity: On the causal effects of voluntary disclosure. the Journal of Finance, 69(5), 2237-2278.
Bassett, L. (1998). Putting board evaluation to work. Corporate Board, 19(109), 20.
Behn, B. K., Carcello, J. V., Hermanson, D. R., & Hermanson, R. H. (1997). The determinants of audit client satisfaction among clients of big 6 firms. Accounting horizons, 11(1), 7.
Bonn, I. (2004). Board structure and firm performance: Evidence from Australia. Journal of Management and Organisation, 10(1), 14-24.
Bronson, S. N., Carcello, J. V., & Raghunandan, K. (2006). Firm characteristics and voluntary management reports on internal control. Auditing: A Journal of Practice & Theory, 25(2), 25-39.
Bronson, S. N., Carcello, J. V., Hollingsworth, C. W., & Neal, T. L. (2009). Are fully independent audit committees really necessary?. Journal of Accounting and Public Policy, 28(4), 265-280.
Brown, A.M. (2004). The financial milieu of the IASB and AASB. 4th Asia Pacific Interdisciplinary Research in Accounting Conference, 4-6 July.
Bryan, D., Liu, M.H.C. & Tiras, S.L. (2004). The influence of independent and effective audit committees on earnings quality. working paper, State University of New York, Buffalo, NY.
Carcello, J., & T. Neal. (2000). Audit committee composition and auditor reporting. The Accounting Review, 75, 453-467.
Carcello, J., & T. Neal. (2003). Audit committee characteristics and auditor dismissals following ‘’new’’ going- concern reports. The Accounting Review, 78, 95- 117.
Cheng, S. (2008). Board size and the variability of corporate performance. Journal of Financial Economics, 87(1), 157-176.
Dalley, P. J. (2003). Public company corporate governance under the Sarbanes-Oxley Act of 2002. Okla. City UL Rev., 28, 185.
Davidson III, W. N., Xie, B., & Xu, W. (2004). Market reaction to voluntary announcements of audit committee ap-pointments: The effect of financial expertise. Journal of Accounting and Public Policy, 23(4), 279-293.
Deakin, S., & Konzelman, S. (2004). Learning from Enron. Corporate Governance,12(2), 134-142.
Deangelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183–199.
DeFond, M. L. (1992). The association between changes in client firm agency costs and auditor switch-ing. Auditing, 11(1), 16.
DeFond, M. L., & Francis, J. R. (2005). Audit research after sarbanes-oxley. Auditing: A Journal of Practice & Theory, 24(s-1), 5-30.
DeFond, M. L., Hann, R. N., & Hu, X. (2005). Does the market value financial expertise on audit committees of boards of directors?. Journal of Accounting Research, 43(2), 153-193.
DeZoort, F. T., & Salterio, S. E. (2001). The effects of corporate governance experience and financial-reporting and audit knowledge on audit committee members' judgments. Auditing: A Journal of Practice & Theory, 20(2), 31-47.
DeZoort, F. T., Hermanson, D. R., & Houston, R. W. (2003). Audit committee support for auditors: The effects of materi-ality justification and accounting precision. Journal of Accounting and Public Policy, 22(2), 175-199.
Dhaliwal, D. A. N., Naiker, V. I. C., & Navissi, F. (2010). The association between accruals quality and the characteristics of accounting experts and mix of expertise on audit committees. Contemporary Accounting Research, 27(3), 787-827.
Duff, A. (2004). AUDITQUAL: Dimensions of Audit Quality. Institute of Chartered Accountants of Scotland: Edinburgh.
Eichenseher, J. W., & Shields, D. (1985). Corporate director liability and monitoring preferences. Journal of Accounting and Public Policy, 4(1), 13-31.
Eisenberg, T., Sundgren, S., & Wells, M. T. (1998). Larger board size and decreasing firm value in small firms1. Journal of financial economics, 48(1), 35-54.
Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. The journal of law and Economics, 26(2), 301-325.
Fodio, M. I., Ibikunle, J., & Oba, V. C. (2013). Corporate governance mechanisms and reported earnings quality in listed Nigerian insurance firms. International Journal of Finance and Accounting, 2(5), 279–286.
Francis, J. R., & Krishnan, J. (1999). Accounting accruals and auditor reporting conservatism. Contemporary Accounting Research, 16(1), 135-165.
Francis, J.R., (2004). What do we know about audit quality? The British Accounting Review, 36(4), 345–368.
Gerdes, L. (2009, September 14). The best places to launch a career. BusinessWeek, 32- 39.
Gottschalk, P. (2011). Prevention of white-collar crime: The role of accounting.
Gul, Ferid A., Hai Y., Teoh, Beer Andrew H.,, and Schelluch P. (1994). Theory and Practice of Australian Auditing. Third Edition, Nelson, an International Thomson Publishing Company, Australia.
Hoechle, D. (2007). Robust standard errors for panel regressions with cross-sectional dependence. Stata Journal, 7(3), 281.
Hutchinson, M., Mack, J., & Plastow, K. (2015). Who selects the ‘right’directors? An examination of the association between board selection, gender diversity and outcomes. Accounting & Finance, 55(4), 1071-1103.
International Auditing & Assurance Standards Board. (2011). Audit Quality: An IAASB perspective. New York.
Jaime, S., & Michael, S. W., (2013). Bringing darkness to light: The influence of auditor quality and audit committee expertise on the timeliness of financial statement restatement disclosures. Auditing: A Journal of Practice & Theory, 32(1), 221-244.
Cohen, J. R., Gaynor, L. M., Krishnamoorthy, G., & Wright, A. M. (2011). The impact on auditor judgments of CEO in-fluence on audit committee independence. Auditing: A Journal of Practice & Theory, 30(4), 129-147.
Jensen, M. C. (1993). The modern industrial revolution, exit and the failure of internal control systems. Journal of Finance, 48(3), 831-880.
Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
Kent, P., Routledge, J. & Stewart, J. (2010). Innate and discretionary accruals quality and corporate governance. Accounting and Finance, 50, 171–195.
Nicholson, G. J., & Kiel, G. C. (2004). A framework for diagnosing board effectiveness. Corporate Governance: An Inter-national Review, 12(4), 442-460.
Krishnan, G. V., & Visvanathan, G. (2008). Does the SOX definition of an accounting expert matter? The association be-tween audit committee directors' accounting expertise and accounting conservatism. Contemporary Accounting Re-search, 25(3), 827-858.
Krishnan, J. (2005). Audit committee quality and internal control: An empirical analysis. The accounting review, 80(2), 649-675.
Lee, T., & Stone, M. (1995). Competence and independence: the congenial twins of auditing?. Journal of Business Fi-nance & Accounting, 22(8), 1169-1177.
Lin, J. W., Li, J. F., & Yang, J. S. (2006). The effect of audit committee performance on earnings quality. Managerial Auditing Journal, 21(9), 921-933.
Lo, A. W., Wong, R. M., & Firth, M. (2010). Can corporate governance deter management from manipulating earnings? Evidence from related-party sales transactions in China. Journal of Corporate Finance, 16(2), 225-235.
Louis, H. (2005). Acquirers’ abnormal returns and the non-Big 4 auditor clientele effect. Journal of Accounting and Economics 40(1–3), 75–99.
Mautz, R. K., & Sharaf, H. (1961). The Philosophy of Auditing. American Accounting Association.
Mautz, R.K., & Neumann, F.L. (1970). Corporate audit committees. In S. Turley and M. Zaman, (2004). The corporate governance effects of audit committees. Journal of Management & Governance, 8(3), 305-332.
McDaniel, L., Martin, R. D., & Maines, L. A. (2002). Evaluating financial reporting quality: The effects of financial ex-pertise vs. financial literacy. The accounting review, 77(s-1), 139-167.
McDonald, M. L., & Westphal, J. D. (2013). Access denied: Low mentoring of women and minority first-time directors and its negative effects on appointments to additional boards. Academy of Management Journal, 56(4), 1169-1198.
Palmrose, Z-V. (1988). An analysis of auditor litigation and audit service quality. The Accounting Review, 63, 55-73.
PricewaterhouseCoopers (1999). Audit Committees: Best Practices for Protecting Shareholders’ Interest, New York, NY.
PricewaterhouseCoopers (2002). Mandatory Rotation of Audit Firms: Will It Improve Audit Quality? PricewaterhouseCoopers LLP, NewYork.
Raheja, C. G. (2005). Determinants of board size and composition: A theory of corporate boards. Journal of financial and quantitative analysis, 40(2), 283-306.
Reichelt, K. J., & Wang, D. (2010). National and office‐specific measures of auditor industry expertise and effects on audit quality. Journal of Accounting Research, 48(3), 647-686.
Sarbanes Oxley (SOX) Act (2002).Retrieved March21,2011
SEC (2003). Disclosure Required by Sections 406 and 407 of the Sarbanes-Oxley Act of 2002, Release Nos 33-8177; 34-47235, Securities and Exchange Commission, Washington, DC.
Sharma, V., Naiker, V., & Lee, B. (2009). Determinants of audit committee meeting frequency: Evidence from a volun-tary governance system. Accounting Horizons, 23(3), 245-263.
Skinner, D. J., & Srinivasan, S. (2012). Audit quality and auditor reputation: Evidence from Japan. The Accounting Review, 87(5), 1737-1765.
Smith Committee, (2003). Audit Committee Combined Code Guidance. Financial Reporting Council. London.
Sun, J. (2013). Auditor industry specialization, board governance, and earnings management. Managerial Auditing Journal, 28(1), 45–64.
Teoh, S. H., & Wong, T. J. (1993). Perceived auditor quality and the earnings response coefficient. Accounting Review, 68(2), 346-366.
Treadway Commission. (1987). Report on the National Commission on Fraudulent Financial Reporting. Committee of Sponsoring Organizations, New York.
Vicknair, D., Hickman, K., & Carnes, K. C. (1993). A note on audit committee independence: Evidence from the NYSE on" grey" area directors. Accounting Horizons, 7(1), 53-57.
Watts, R., & Zimmerman, J. (1981). The markets for independence and independent auditors. Unpublished manuscript (University of Rochester, Rochester, NY).
Wolnizer, P. W. (1995). Are audit committees red herrings? Abacus, 31 (March), 45–66.
Xie, B., Davidson III, W. N., & DaDalt, P. J. (2003). Earnings management and corporate governance: the role of the board and the audit committee. Journal of corporate finance, 9(3), 295-316.
Zona, F., Zattoni, A., & Minichilli, A. (2013). A contingency model of boards of directors and firm innovation: The moderating role of firm size. British Journal of Management, 24(3), 299-315.