Journals Information
Universal Journal of Accounting and Finance Vol. 10(1), pp. 161 - 170
DOI: 10.13189/ujaf.2022.100117
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The Influence of Audit Committee Characteristics on Voluntary Disclosure of Annual Financial Reports in Jordan
Ala Hussein Albawwat *
Department of Accounting, Faculty of Business, Amman Arab University (AAU), Amman 11953, Jordan
ABSTRACT
This study examines the influence of audit committee characteristics on voluntary disclosure of non-financial firms considering the context of Amman stock exchange (ASE). As a result, a total number of 140 firms were annually considered as study samples between 2015 and 2019 making up to 4 years reports. To measure the impacts of audit committee on information of voluntary disclosure, a number of hypotheses were tested from selected firms listed in Jordan. On the test for hypotheses, a descriptive analysis was carried out followed by the model of multiple regressions. The outcome from the findings in this study however indicated a positive relationship between the factors of independent audit committee, the sizes, the multiple directorships of members of audit committee and the corporate voluntary disclosure. The rate at which meetings were held by financial expertise and members of audit committee was observed to be associated significantly with the corporate voluntary disclosure. The results further revealed a strong significance difference between investors in accounting sector and policy makers and the accuracy of monitoring the process of corporate reporting. The current research however projected foresight ideas to improve corporate governance of Jordan and other developing countries with the tendency of imposing reliable regulation bodies.
KEYWORDS
Corporate Governance, Amman Stock Exchange, Voluntary Disclosure
Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Ala Hussein Albawwat , "The Influence of Audit Committee Characteristics on Voluntary Disclosure of Annual Financial Reports in Jordan," Universal Journal of Accounting and Finance, Vol. 10, No. 1, pp. 161 - 170, 2022. DOI: 10.13189/ujaf.2022.100117.
(b). APA Format:
Ala Hussein Albawwat (2022). The Influence of Audit Committee Characteristics on Voluntary Disclosure of Annual Financial Reports in Jordan. Universal Journal of Accounting and Finance, 10(1), 161 - 170. DOI: 10.13189/ujaf.2022.100117.