Determinants Of The Voluntary Formation Of A Company Audit Committee: Evidence From Palestine
Drawing on agency theory, this paper investigates the determinants of voluntary audit committee (AC) formation among non-bank firms listed on the Palestine Stock Exchange (PSE). We used the annual reports of nearly all non-bank companies listed on the PSE as well as the company guides issued by t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM)
2015
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| Subjects: | |
| Online Access: | http://eprints.usm.my/40029/ http://eprints.usm.my/40029/1/AAMJAF_11%281%29_2015-Art._2%2827-46%29.pdf |
| _version_ | 1848878908925018112 |
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| author | M. Hassan, Yousef H. Hijazi, Rafiq |
| author_facet | M. Hassan, Yousef H. Hijazi, Rafiq |
| author_sort | M. Hassan, Yousef |
| building | USM Institutional Repository |
| collection | Online Access |
| description | Drawing on agency theory, this paper investigates the determinants of voluntary audit
committee (AC) formation among non-bank firms listed on the Palestine Stock Exchange
(PSE). We used the annual reports of nearly all non-bank companies listed on the PSE as
well as the company guides issued by the PSE for the period between 2010 and 2012.
Logistic regression analysis was performed to identify the influence of a set of corporate
governance mechanisms, ownership structures and company characteristics on the
voluntary formation of ACs among non-bank Palestinian firms. The result of the analysis
demonstrated that the AC is influenced by foreign ownership, institutional ownership,
board diligence and external auditor type. This paper adds to the limited AC literature in
Middle Eastern countries in general and in the Arab World in particular. This paper not
only examines the determinants of the voluntary formation of ACs but also attempts to
theorise about this formation. |
| first_indexed | 2025-11-15T17:38:49Z |
| format | Article |
| id | usm-40029 |
| institution | Universiti Sains Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T17:38:49Z |
| publishDate | 2015 |
| publisher | Asian Academy of Management (AAM) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | usm-400292018-04-11T04:15:51Z http://eprints.usm.my/40029/ Determinants Of The Voluntary Formation Of A Company Audit Committee: Evidence From Palestine M. Hassan, Yousef H. Hijazi, Rafiq HD28-70 Management. Industrial Management Drawing on agency theory, this paper investigates the determinants of voluntary audit committee (AC) formation among non-bank firms listed on the Palestine Stock Exchange (PSE). We used the annual reports of nearly all non-bank companies listed on the PSE as well as the company guides issued by the PSE for the period between 2010 and 2012. Logistic regression analysis was performed to identify the influence of a set of corporate governance mechanisms, ownership structures and company characteristics on the voluntary formation of ACs among non-bank Palestinian firms. The result of the analysis demonstrated that the AC is influenced by foreign ownership, institutional ownership, board diligence and external auditor type. This paper adds to the limited AC literature in Middle Eastern countries in general and in the Arab World in particular. This paper not only examines the determinants of the voluntary formation of ACs but also attempts to theorise about this formation. Asian Academy of Management (AAM) 2015 Article PeerReviewed application/pdf en http://eprints.usm.my/40029/1/AAMJAF_11%281%29_2015-Art._2%2827-46%29.pdf M. Hassan, Yousef and H. Hijazi, Rafiq (2015) Determinants Of The Voluntary Formation Of A Company Audit Committee: Evidence From Palestine. Asian Academy of Management Journal of Accounting and Finance, 11 (1). pp. 1-20. ISSN 1823-4992 http://web.usm.my/journal/aamjaf/11-1-2-2015.html |
| spellingShingle | HD28-70 Management. Industrial Management M. Hassan, Yousef H. Hijazi, Rafiq Determinants Of The Voluntary Formation Of A Company Audit Committee: Evidence From Palestine |
| title | Determinants Of The Voluntary Formation Of
A Company Audit Committee: Evidence From
Palestine |
| title_full | Determinants Of The Voluntary Formation Of
A Company Audit Committee: Evidence From
Palestine |
| title_fullStr | Determinants Of The Voluntary Formation Of
A Company Audit Committee: Evidence From
Palestine |
| title_full_unstemmed | Determinants Of The Voluntary Formation Of
A Company Audit Committee: Evidence From
Palestine |
| title_short | Determinants Of The Voluntary Formation Of
A Company Audit Committee: Evidence From
Palestine |
| title_sort | determinants of the voluntary formation of
a company audit committee: evidence from
palestine |
| topic | HD28-70 Management. Industrial Management |
| url | http://eprints.usm.my/40029/ http://eprints.usm.my/40029/ http://eprints.usm.my/40029/1/AAMJAF_11%281%29_2015-Art._2%2827-46%29.pdf |