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Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence

This study investigates the interactive effect of an independent audit committee on the relationship concerning ownership structure and discretionary loss provisions. The study utilizes 29 listed Nigerian financial institutions as a sample using data from 2006 to 2015. The results establish that aud...

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Main Authors: Mohamed, Mudzamir, Garba, Sunusi, Ismail, Shahifol Arbi
Format: Conference or Workshop Item
Language:English
Published: 2018
Subjects:
HF5601 Accounting
Online Access:http://repo.uum.edu.my/26069/1/ICAS%202018%2074%2079.pdf
http://repo.uum.edu.my/26069/
http://icas.my/index.php/proceedings/8-icas-2018-proceedings
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spelling my.uum.repo.260692019-06-12T06:00:19Z http://repo.uum.edu.my/26069/ Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence Mohamed, Mudzamir Garba, Sunusi Ismail, Shahifol Arbi HF5601 Accounting This study investigates the interactive effect of an independent audit committee on the relationship concerning ownership structure and discretionary loss provisions. The study utilizes 29 listed Nigerian financial institutions as a sample using data from 2006 to 2015. The results establish that audit committee independence negatively influences discretionary loss provisions. Furthermore, it is found that CEO, block and foreign ownership have a direct influence on discretionary loss provisions. Moreover, audit committee independence moderates these direct relationships negatively. While institutional ownership has a direct influence on discretionary loss provisions, similarly, audit committee independence moderates this direct relationship positively. Additionally, audit committee independence fails to moderate but has a direct influence on discretionary loss provisions. Conversely, audit committee independence fails to moderate the relationship between the executive and non-executive ownership with discretionary loss provisions. The study suggests that relevant authorities should impose laws to motivate firms to have more independent members in audit committee to reduce conflicts of interest between the executive and non-executive ownership over the audit committee members’ composition to protect the interests of other shareholders. 2018 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/26069/1/ICAS%202018%2074%2079.pdf Mohamed, Mudzamir and Garba, Sunusi and Ismail, Shahifol Arbi (2018) Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence. In: 5th International Conference on Accounting Studies (ICAS 2018), 16-17 October 2018, Penang, Malaysia. http://icas.my/index.php/proceedings/8-icas-2018-proceedings
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HF5601 Accounting
spellingShingle HF5601 Accounting
Mohamed, Mudzamir
Garba, Sunusi
Ismail, Shahifol Arbi
Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
description This study investigates the interactive effect of an independent audit committee on the relationship concerning ownership structure and discretionary loss provisions. The study utilizes 29 listed Nigerian financial institutions as a sample using data from 2006 to 2015. The results establish that audit committee independence negatively influences discretionary loss provisions. Furthermore, it is found that CEO, block and foreign ownership have a direct influence on discretionary loss provisions. Moreover, audit committee independence moderates these direct relationships negatively. While institutional ownership has a direct influence on discretionary loss provisions, similarly, audit committee independence moderates this direct relationship positively. Additionally, audit committee independence fails to moderate but has a direct influence on discretionary loss provisions. Conversely, audit committee independence fails to moderate the relationship between the executive and non-executive ownership with discretionary loss provisions. The study suggests that relevant authorities should impose laws to motivate firms to have more independent members in audit committee to reduce conflicts of interest between the executive and non-executive ownership over the audit committee members’ composition to protect the interests of other shareholders.
format Conference or Workshop Item
author Mohamed, Mudzamir
Garba, Sunusi
Ismail, Shahifol Arbi
author_facet Mohamed, Mudzamir
Garba, Sunusi
Ismail, Shahifol Arbi
author_sort Mohamed, Mudzamir
title Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
title_short Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
title_full Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
title_fullStr Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
title_full_unstemmed Ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
title_sort ownership structure and discretionary loss provisions: the moderating effect of audit committee independence
publishDate 2018
url http://repo.uum.edu.my/26069/1/ICAS%202018%2074%2079.pdf
http://repo.uum.edu.my/26069/
http://icas.my/index.php/proceedings/8-icas-2018-proceedings
_version_ 1644284498053955584
score 13.211869

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