Staff View: THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION

THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION

Purpose: The main objectives of this research were to study the direct relationship between audit quality (AQ) and the performance of non-financial Jordanian companies and to look into how ownership concentration affects this relationship. Theoretical framework: This research focuses on AQ, FP, and...

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Main Authors:	Hyarat H.I., Husin N.M., Jos R.A.G.
Other Authors:	58244510200
Format:	Article
Published:	AOS-Estratagia and Inovacao 2024
Subjects:	Audit Quality Firm Performance Ownership Concentration PLS-SEM
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id	my.uniten.dspace-34565
record_format	dspace
spelling	my.uniten.dspace-345652024-10-14T11:20:42Z THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION [O IMPACTO DA QUALIDADE DA AUDITORIA NO DESEMPENHO DA EMPRESA: O PAPEL MODERADOR DA CONCENTRA��O DE PROPRIEDADE] [EL IMPACTO DE LA CALIDAD DE LA AUDITOR�A EN EL DESEMPE�O DE LA EMPRESA: EL PAPEL MODERADOR DE LA CONCENTRACI�N DE LA PROPIEDAD] Hyarat H.I. Husin N.M. Jos R.A.G. 58244510200 55152658600 58244183700 Audit Quality Firm Performance Ownership Concentration PLS-SEM Purpose: The main objectives of this research were to study the direct relationship between audit quality (AQ) and the performance of non-financial Jordanian companies and to look into how ownership concentration affects this relationship. Theoretical framework: This research focuses on AQ, FP, and ownership concentration. Ownership concentration moderates the relationship between AQ and FP, according to the framework. Audit fees are used to evaluate AQ and lend credibility to financial reports, protecting shareholders' interests. Design/methodology/approach: The study was conducted on public companies listed on the Stock Exchange of Amman (ASE) in the services and industry sectors, with a total of 92 firms, from 2014 to 2018. The data analysis method used was partial least squares structural equation modelling (PLS-SEM). Findings: The study's findings suggest that AQ is positively linked to FP, and ownership concentration has a positive and significant effect on FP. Additionally, the moderating influence of ownership concentration confirms that AQ has a statistically significant impact on FP. Research, Practical & Social implications: The result of this article helps firm managers, regulatory agencies, and market participants on the ASE, as well as nations with highly concentrated ownership and policymakers, understand governance. Originality/value: This study is one of the first papers in the Jordanian context to address the role of moderating the effect of ownership concentration between AC and FP. � 2023 AOS-Estratagia and Inovacao. All rights reserved. Final 2024-10-14T03:20:42Z 2024-10-14T03:20:42Z 2023 Article 10.26668/businessreview/2023.v8i4.1721 2-s2.0-85158977590 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85158977590&doi=10.26668%2fbusinessreview%2f2023.v8i4.1721&partnerID=40&md5=6fe4818f875188d722880f02a32f6cc8 https://irepository.uniten.edu.my/handle/123456789/34565 8 4 e01721 All Open Access Gold Open Access AOS-Estratagia and Inovacao Scopus
institution	Universiti Tenaga Nasional
building	UNITEN Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Tenaga Nasional
content_source	UNITEN Institutional Repository
url_provider	http://dspace.uniten.edu.my/
topic	Audit Quality Firm Performance Ownership Concentration PLS-SEM
spellingShingle	Audit Quality Firm Performance Ownership Concentration PLS-SEM Hyarat H.I. Husin N.M. Jos R.A.G. THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION
description	Purpose: The main objectives of this research were to study the direct relationship between audit quality (AQ) and the performance of non-financial Jordanian companies and to look into how ownership concentration affects this relationship. Theoretical framework: This research focuses on AQ, FP, and ownership concentration. Ownership concentration moderates the relationship between AQ and FP, according to the framework. Audit fees are used to evaluate AQ and lend credibility to financial reports, protecting shareholders' interests. Design/methodology/approach: The study was conducted on public companies listed on the Stock Exchange of Amman (ASE) in the services and industry sectors, with a total of 92 firms, from 2014 to 2018. The data analysis method used was partial least squares structural equation modelling (PLS-SEM). Findings: The study's findings suggest that AQ is positively linked to FP, and ownership concentration has a positive and significant effect on FP. Additionally, the moderating influence of ownership concentration confirms that AQ has a statistically significant impact on FP. Research, Practical & Social implications: The result of this article helps firm managers, regulatory agencies, and market participants on the ASE, as well as nations with highly concentrated ownership and policymakers, understand governance. Originality/value: This study is one of the first papers in the Jordanian context to address the role of moderating the effect of ownership concentration between AC and FP. � 2023 AOS-Estratagia and Inovacao. All rights reserved.
author2	58244510200
author_facet	58244510200 Hyarat H.I. Husin N.M. Jos R.A.G.
format	Article
author	Hyarat H.I. Husin N.M. Jos R.A.G.
author_sort	Hyarat H.I.
title	THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION
title_short	THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION
title_full	THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION
title_fullStr	THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION
title_full_unstemmed	THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION
title_sort	impact of audit quality on firm performance: the moderating role of ownership concentration
publisher	AOS-Estratagia and Inovacao
publishDate	2024
_version_	1814061185585119232
score	13.222552

THE IMPACT OF AUDIT QUALITY ON FIRM PERFORMANCE: THE MODERATING ROLE OF OWNERSHIP CONCENTRATION

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