investigating the impact of the audit committee characteristics, cost of debt and the company’ s investment efficiency

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ZALAGHI HASAN; NOROUZI MOHAMMAD; Asadi Gholamhosein; Kazzazi Mohammad

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Financial Accounting Research Year:2019 | Volume:11 | Issue:1 (39) Page(s): 101-116

Download Full-Text

Persian Verion

View:

550

Download:

Cites:

Information Journal Paper

Title

investigating the impact of the audit committee characteristics, cost of debt and the company’ s investment efficiency

Author(s)

ZALAGHI HASAN | NOROUZI MOHAMMAD | Asadi Gholamhosein | Kazzazi Mohammad | Issue Writer Certificate

Keywords

Audit Committee SizeQ1

Audit Committee IndependenceQ1

Audit Committee Financial ExpertiseQ1

Cost of DebtQ2

Investment EfficiencyQ1

Abstract

The Audit Committee is one of the board's subsidiary committees that the aim of its' composition is to assist in oversight responsibility of the board by monitoring the financial reporting process, monitoring independent auditors, the effectiveness of internal controls and risk management activities. The purpose of this study was to investigate the impact of the audit committee characteristics, including the size, independence and financial expertise of the Audit Committee on the Cost of Debt and the Investment Efficiency of the company. In order to test the research hypotheses, multivariate regression method are incorporated with generalized least squares estimation method (GLS). The sample includes 90 companies listed in the Tehran Stock Exchange for the period 2011-2017, selected by systematic elimination method. The results indicate that, firstly, among the characteristics of the audit committee, the two variables of the size and independence of the audit committee have a significant impact on the Cost of Debt, but the impact of the financial expertise of the audit committee on the Cost of Debt is not significant. Secondly, size and independence of the audit committee have a significant negative effect on the Investment Efficiency and also the financial expertise of the audit committee has a significant and positive effect on the Investment Efficiency.

Cites

No record.

References

No record.

Cite

APA: Copy

ZALAGHI, HASAN, NOROUZI, MOHAMMAD, Asadi, Gholamhosein, & Kazzazi, Mohammad. (2019). investigating the impact of the audit committee characteristics, cost of debt and the company’ s investment efficiency. JOURNAL OF FINANCIAL ACCOUNTING RESEARCH, 11(1 (39) ), 101-116. SID. https://sid.ir/paper/387071/en

Vancouver: Copy

ZALAGHI HASAN, NOROUZI MOHAMMAD, Asadi Gholamhosein, Kazzazi Mohammad. investigating the impact of the audit committee characteristics, cost of debt and the company’ s investment efficiency. JOURNAL OF FINANCIAL ACCOUNTING RESEARCH[Internet]. 2019;11(1 (39) ):101-116. Available from: https://sid.ir/paper/387071/en

IEEE: Copy

HASAN ZALAGHI, MOHAMMAD NOROUZI, Gholamhosein Asadi, and Mohammad Kazzazi, “investigating the impact of the audit committee characteristics, cost of debt and the company’ s investment efficiency,” JOURNAL OF FINANCIAL ACCOUNTING RESEARCH, vol. 11, no. 1 (39) , pp. 101–116, 2019, [Online]. Available: https://sid.ir/paper/387071/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops