Corporate Governance and Audit Quality: Further Recommendations Beyond the Code

Research output: Contribution to journalArticle

8 Citations (Scopus)
77 Downloads (Pure)

Abstract

Although meeting the recommendations of corporate governance code is important, it is not sufficient to ensure the governance effectiveness (often having more form than substance). This, alongside with the fact that the Jordanian corporate governance code is still in its infancy, motivates the study to look beyond the current code recommendations. For this purpose, this study seeks views of key practitioners regarding possible additions/changes to the current code that they feel are important in promoting audit quality. Questionnaire survey is used to obtain views of the auditors, boards of directors and audit committees’ members of the Jordanian listed companies. A number of important recommendations have been put forward by the respondents. The study has an implication for policymakers by providing useful inputs for future governance reform. Also, the study provides insights to companies that are interested in corporate governance quality. The important information gained from the key respondents no doubt contributes to the literature and also opens new avenues for future research. This study offers an important contribution by extending the investigation of boards of directors’ and audit committees’ roles in promoting audit quality to dimensions that are not recommended in the current governance code, and also widely neglected in the literature.
Original languageEnglish
Pages (from-to)8-18
Number of pages11
JournalCorporate Ownership and Control
Volume15
Issue number2
DOIs
Publication statusPublished - 26 Jan 2018

Fingerprint

Governance
Audit quality
Corporate governance
Audit committee
Corporate governance codes
Board of directors
Auditors
Politicians
Listed companies
Questionnaire survey

Keywords

  • Board of Directors
  • Audit Committee
  • Corporate Governance
  • Audit quality
  • Jordan

Cite this

Corporate Governance and Audit Quality : Further Recommendations Beyond the Code. / Alhababsah, Salem.

In: Corporate Ownership and Control, Vol. 15, No. 2, 26.01.2018, p. 8-18.

Research output: Contribution to journalArticle

@article{fa0f30db3a1f4cb59c6d52a8bf961cf9,
title = "Corporate Governance and Audit Quality: Further Recommendations Beyond the Code",
abstract = "Although meeting the recommendations of corporate governance code is important, it is not sufficient to ensure the governance effectiveness (often having more form than substance). This, alongside with the fact that the Jordanian corporate governance code is still in its infancy, motivates the study to look beyond the current code recommendations. For this purpose, this study seeks views of key practitioners regarding possible additions/changes to the current code that they feel are important in promoting audit quality. Questionnaire survey is used to obtain views of the auditors, boards of directors and audit committees’ members of the Jordanian listed companies. A number of important recommendations have been put forward by the respondents. The study has an implication for policymakers by providing useful inputs for future governance reform. Also, the study provides insights to companies that are interested in corporate governance quality. The important information gained from the key respondents no doubt contributes to the literature and also opens new avenues for future research. This study offers an important contribution by extending the investigation of boards of directors’ and audit committees’ roles in promoting audit quality to dimensions that are not recommended in the current governance code, and also widely neglected in the literature.",
keywords = "Board of Directors, Audit Committee, Corporate Governance, Audit quality, Jordan",
author = "Salem Alhababsah",
year = "2018",
month = "1",
day = "26",
doi = "10.22495/cocv15i2art1",
language = "English",
volume = "15",
pages = "8--18",
journal = "Corporate Ownership and Control",
issn = "1727-9232",
publisher = "Virtus Interpress",
number = "2",

}

TY - JOUR

T1 - Corporate Governance and Audit Quality

T2 - Further Recommendations Beyond the Code

AU - Alhababsah, Salem

PY - 2018/1/26

Y1 - 2018/1/26

N2 - Although meeting the recommendations of corporate governance code is important, it is not sufficient to ensure the governance effectiveness (often having more form than substance). This, alongside with the fact that the Jordanian corporate governance code is still in its infancy, motivates the study to look beyond the current code recommendations. For this purpose, this study seeks views of key practitioners regarding possible additions/changes to the current code that they feel are important in promoting audit quality. Questionnaire survey is used to obtain views of the auditors, boards of directors and audit committees’ members of the Jordanian listed companies. A number of important recommendations have been put forward by the respondents. The study has an implication for policymakers by providing useful inputs for future governance reform. Also, the study provides insights to companies that are interested in corporate governance quality. The important information gained from the key respondents no doubt contributes to the literature and also opens new avenues for future research. This study offers an important contribution by extending the investigation of boards of directors’ and audit committees’ roles in promoting audit quality to dimensions that are not recommended in the current governance code, and also widely neglected in the literature.

AB - Although meeting the recommendations of corporate governance code is important, it is not sufficient to ensure the governance effectiveness (often having more form than substance). This, alongside with the fact that the Jordanian corporate governance code is still in its infancy, motivates the study to look beyond the current code recommendations. For this purpose, this study seeks views of key practitioners regarding possible additions/changes to the current code that they feel are important in promoting audit quality. Questionnaire survey is used to obtain views of the auditors, boards of directors and audit committees’ members of the Jordanian listed companies. A number of important recommendations have been put forward by the respondents. The study has an implication for policymakers by providing useful inputs for future governance reform. Also, the study provides insights to companies that are interested in corporate governance quality. The important information gained from the key respondents no doubt contributes to the literature and also opens new avenues for future research. This study offers an important contribution by extending the investigation of boards of directors’ and audit committees’ roles in promoting audit quality to dimensions that are not recommended in the current governance code, and also widely neglected in the literature.

KW - Board of Directors

KW - Audit Committee

KW - Corporate Governance

KW - Audit quality

KW - Jordan

U2 - 10.22495/cocv15i2art1

DO - 10.22495/cocv15i2art1

M3 - Article

VL - 15

SP - 8

EP - 18

JO - Corporate Ownership and Control

JF - Corporate Ownership and Control

SN - 1727-9232

IS - 2

ER -