The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies

As established by agency theory, corporate governance mechanisms can increase financial reporting credibility and protect the interests of all stakeholders. To understanding this agency theory perspective better, this study investigates the influence of corporate governance mechanisms on the prospec...

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Main Author: Zaid Alkilani, Saleh Nafeth Saleh
Format: Thesis
Language:English
English
Published: 2022
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Online Access:https://etd.uum.edu.my/10945/1/depositpermission-901527.pdf
https://etd.uum.edu.my/10945/2/s901527_01.pdf
https://etd.uum.edu.my/10945/
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Institution: Universiti Utara Malaysia
Language: English
English
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spelling my.uum.etd.109452024-01-31T07:55:10Z https://etd.uum.edu.my/10945/ The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies Zaid Alkilani, Saleh Nafeth Saleh HG Finance As established by agency theory, corporate governance mechanisms can increase financial reporting credibility and protect the interests of all stakeholders. To understanding this agency theory perspective better, this study investigates the influence of corporate governance mechanisms on the prospect of receiving a modified audit opinion (a proxy for the quality of financial reporting) among Jordanian public listed corporations. Accordingly, thirteen hypotheses were developed to investigate the relationship of boards of directors’ effectiveness, audit committee characteristics, and ownership structure on the issuance of modified audit opinion in Jordan. Logistic regression was utilised to analyse the 109 company-year observation data of two sectors (service and industrial sector) from 2012-2017. Significant findings were consistent with the hypotheses that Jordanian public listed corporations with the board of director size, the board of director with multiple directorships, family ownership, and foreign ownership are less likely to receive a modified audit opinion. Moreover, the results indicated that boards of director’ characteristics, audit committee characteristics, and ownership structure contributes to decreasing the prospect of receiving a modified audit opinion. The findings of this study provide input to regulators, policymakers and companies listed on the Amman Stock Exchange for practising good corporate governance. 2022 Thesis NonPeerReviewed text en https://etd.uum.edu.my/10945/1/depositpermission-901527.pdf text en https://etd.uum.edu.my/10945/2/s901527_01.pdf Zaid Alkilani, Saleh Nafeth Saleh (2022) The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies. Doctoral thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
topic HG Finance
spellingShingle HG Finance
Zaid Alkilani, Saleh Nafeth Saleh
The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies
description As established by agency theory, corporate governance mechanisms can increase financial reporting credibility and protect the interests of all stakeholders. To understanding this agency theory perspective better, this study investigates the influence of corporate governance mechanisms on the prospect of receiving a modified audit opinion (a proxy for the quality of financial reporting) among Jordanian public listed corporations. Accordingly, thirteen hypotheses were developed to investigate the relationship of boards of directors’ effectiveness, audit committee characteristics, and ownership structure on the issuance of modified audit opinion in Jordan. Logistic regression was utilised to analyse the 109 company-year observation data of two sectors (service and industrial sector) from 2012-2017. Significant findings were consistent with the hypotheses that Jordanian public listed corporations with the board of director size, the board of director with multiple directorships, family ownership, and foreign ownership are less likely to receive a modified audit opinion. Moreover, the results indicated that boards of director’ characteristics, audit committee characteristics, and ownership structure contributes to decreasing the prospect of receiving a modified audit opinion. The findings of this study provide input to regulators, policymakers and companies listed on the Amman Stock Exchange for practising good corporate governance.
format Thesis
author Zaid Alkilani, Saleh Nafeth Saleh
author_facet Zaid Alkilani, Saleh Nafeth Saleh
author_sort Zaid Alkilani, Saleh Nafeth Saleh
title The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies
title_short The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies
title_full The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies
title_fullStr The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies
title_full_unstemmed The impact of corporate governance mechanisms on modified audit opinion: empirical evidence from Jordanian public listed companies
title_sort impact of corporate governance mechanisms on modified audit opinion: empirical evidence from jordanian public listed companies
publishDate 2022
url https://etd.uum.edu.my/10945/1/depositpermission-901527.pdf
https://etd.uum.edu.my/10945/2/s901527_01.pdf
https://etd.uum.edu.my/10945/
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