Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim
This study explores the association between audit committee characteristics and the establishment of a risk management committee by Malaysian listed firms. The study predicts that firms with more independent, expert, and diligent audit committees are likely to establish a stand-alone risk management...
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| Format: | Article |
| Language: | English |
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Accounting Research Institute (ARI) & Faculty of Accountancy
2009
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| Online Access: | https://ir.uitm.edu.my/id/eprint/258/ |
| _version_ | 1848802303153274880 |
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| author | Yatim, Puan |
| author_facet | Yatim, Puan |
| author_sort | Yatim, Puan |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | This study explores the association between audit committee characteristics and the establishment of a risk management committee by Malaysian listed firms. The study predicts that firms with more independent, expert, and diligent audit committees are likely to establish a stand-alone risk management committee. It is also expected that audit committees with more members are also likely to support the establishment of a risk management committee. The study employs a cross-sectional analysis of 690 firms listed on the Bursa Malaysia for the financial year ending in 2003. A logistic regression analysis
is used to estimate the relationships proposed in the hypotheses. The study finds a strong support for an association between the establishment of risk
management committee and audit committee independence, audit committee size, and audit committee diligence. The results also show that the
establishment of a risk management committee is positively and significantly associated with firm-specific variables such as firm size, complexity of a firm’s
operations, and the use of Big Four audit firms. |
| first_indexed | 2025-11-14T21:21:12Z |
| format | Article |
| id | uitm-258 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:21:12Z |
| publishDate | 2009 |
| publisher | Accounting Research Institute (ARI) & Faculty of Accountancy |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-2582021-11-22T00:34:59Z https://ir.uitm.edu.my/id/eprint/258/ Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim mar Yatim, Puan This study explores the association between audit committee characteristics and the establishment of a risk management committee by Malaysian listed firms. The study predicts that firms with more independent, expert, and diligent audit committees are likely to establish a stand-alone risk management committee. It is also expected that audit committees with more members are also likely to support the establishment of a risk management committee. The study employs a cross-sectional analysis of 690 firms listed on the Bursa Malaysia for the financial year ending in 2003. A logistic regression analysis is used to estimate the relationships proposed in the hypotheses. The study finds a strong support for an association between the establishment of risk management committee and audit committee independence, audit committee size, and audit committee diligence. The results also show that the establishment of a risk management committee is positively and significantly associated with firm-specific variables such as firm size, complexity of a firm’s operations, and the use of Big Four audit firms. Accounting Research Institute (ARI) & Faculty of Accountancy 2009-07 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/258/1/258.pdf Yatim, Puan (2009) Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim. (2009) Malaysian Accounting Review <https://ir.uitm.edu.my/view/publication/Malaysian_Accounting_Review.html>, 8 (1). pp. 19-36. ISSN 1675-4077 https://mar.uitm.edu.my/ |
| spellingShingle | Yatim, Puan Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim |
| title | Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim |
| title_full | Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim |
| title_fullStr | Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim |
| title_full_unstemmed | Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim |
| title_short | Audit committee characteristics and risk management of Malaysian listed firms / Puan Yatim |
| title_sort | audit committee characteristics and risk management of malaysian listed firms / puan yatim |
| url | https://ir.uitm.edu.my/id/eprint/258/ https://ir.uitm.edu.my/id/eprint/258/ |