Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies

Volume: 2 Number: 4 December 1, 2012
  • Yahya Ali Al-matari
  • Abdullah Kaid Al-swidi
  • Faudziah Hanim Bt Hanim Fadzil
  • Ebrahim Mohammed Al-matari
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International Review of Management and Marketing
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Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies

Abstract

This study examines the relationship between the internal corporate governance mechanism related to the board of directors, the audit committee characteristics and the performance of the Saudi companies listed in the Saudi stock exchange (TADAWL) in 2010, excluding financial companies. The statistical results of the study are not in line with the agency theory that board of directors and audit committee might mitigate agency problems leading to reduced agency cost by aligning the interests of controlling owners with those of the company. While audit Committee size (ACSIZE) is found to have a significant relationship with firm performance (but in the opposite direction to expectation), other hypothesized variables, the proportion of non-executive directors (BODCOM), CEO Duality (DUAL), Board Size (BSIZE), Audit Committee Independence (ACIND), audit committee meeting (ACMEET) were found to be as expected directions but insignificantly related to firm performance measure except the direction of the proportion of non-executive directors (BODCOM) was opposite to the expectations.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Yahya Ali Al-matari This is me

Abdullah Kaid Al-swidi This is me

Faudziah Hanim Bt Hanim Fadzil This is me

Ebrahim Mohammed Al-matari This is me

Publication Date

December 1, 2012

Submission Date

December 1, 2012

Acceptance Date

-

Published in Issue

Year 2012 Volume: 2 Number: 4

IZ

https://izlik.org/JA74YU55RC

Cite

RIS / Bibtex
APA
Al-matari, Y. A., Al-swidi, A. K., Fadzil, F. H. B. H., & Al-matari, E. M. (2012). Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies. International Review of Management and Marketing, 2(4), 241-251. https://izlik.org/JA74YU55RC
AMA
1.Al-matari YA, Al-swidi AK, Fadzil FHB H, Al-matari EM. Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies. IRMM. 2012;2(4):241-251. https://izlik.org/JA74YU55RC
Chicago
Al-matari, Yahya Ali, Abdullah Kaid Al-swidi, Faudziah Hanim Bt Hanim Fadzil, and Ebrahim Mohammed Al-matari. 2012. “Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies”. International Review of Management and Marketing 2 (4): 241-51. https://izlik.org/JA74YU55RC.
EndNote
Al-matari YA, Al-swidi AK, Fadzil FHB H, Al-matari EM (December 1, 2012) Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies. International Review of Management and Marketing 2 4 241–251.
IEEE
[1]Y. A. Al-matari, A. K. Al-swidi, F. H. B. H. Fadzil, and E. M. Al-matari, “Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies”, IRMM, vol. 2, no. 4, pp. 241–251, Dec. 2012, [Online]. Available: https://izlik.org/JA74YU55RC
ISNAD
Al-matari, Yahya Ali - Al-swidi, Abdullah Kaid - Fadzil, Faudziah Hanim Bt Hanim - Al-matari, Ebrahim Mohammed. “Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies”. International Review of Management and Marketing 2/4 (December 1, 2012): 241-251. https://izlik.org/JA74YU55RC.
JAMA
1.Al-matari YA, Al-swidi AK, Fadzil FHB H, Al-matari EM. Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies. IRMM. 2012;2:241–251.
MLA
Al-matari, Yahya Ali, et al. “Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies”. International Review of Management and Marketing, vol. 2, no. 4, Dec. 2012, pp. 241-5, https://izlik.org/JA74YU55RC.
Vancouver
1.Yahya Ali Al-matari, Abdullah Kaid Al-swidi, Faudziah Hanim Bt Hanim Fadzil, Ebrahim Mohammed Al-matari. Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies. IRMM [Internet]. 2012 Dec. 1;2(4):241-5. Available from: https://izlik.org/JA74YU55RC