The Association between Audit Committee Characteristics and Financial Statement Quality

• Main Authors: Wan-Ching Chen, 陳琬晴
• Other Authors: Kai-Ting Nien
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/3pn4n2

碩士 === 元智大學 === 財務金融暨會計碩士班(會計學程) === 107 === Recently, audit committee has played an indispensable role in corporate governance. Taiwan also introduced the audit committee in 2006 to substitute the supervisors. In this study, the listed companies with audit committee from 2006 to 2017 are used to investigate the relationships of audit committee size, audit committee meeting frequency, and financial statement quality. The empirical results show that the bigger audit committee size, the better financial statement quality. Moreover, the more audit committee meeting frequency, the worse financial statement quality. In addition, I further focuses on the firms that voluntary establish the audit committee. The results show that although audit committee size is not significantly related to the financial statement quality in the year of audit committee establishment, it is significantly positive related in the second year of audit committee establishment. On the other hand, the audit committee meeting frequency is negatively related to the financial statement quality in the second year of audit committee establishment.