DOES CEOs POWER MODERATE THE EFFECT OF AUDIT COMMITTEE OBJECTIVITY ON FINANCIAL REPORTING QUALITY IN THE NIGERIAN BANKING SECTOR?

Simple item page
dc.creatorOjeka, Stephen, Fakile , A. S., Iyoha, F. O., Adegboye, F.B., Olokoyo, F. O.
dc.date2019
dc.date.accessioned2025-04-04T11:04:55Z
dc.descriptionThis study empirically examined the impact of audit committee objectivity (contingent on CEO Power) on the quality of financial reporting in the Nigerian Banking Sector. The study adopted a survey research approach and secondary data extracted from financial statement. The OLS and LSDV analysis were used to investigate the impact of Audit Committee objectivity on the quality of financial reporting with or without CEO power and influence. The findings showed, that, while audit committee independence impact positively on the relevance and reliability of financial report, the same cannot be said when there was CEO power. CEO power in the audit committee mitigated the benefits of independence and caused its overall effects on financial reporting quality of no significant in terms of relevance and reliability. The study therefore recommended that having a majority of independent directors would increase the quality of board oversight, lessen the possibility of damaging conflicts of interest and helps to repose inventors’ confidence especially foreign investors that would invariably draft in FDI. This will align boards’ decisions with the interests of shareholders they represent. This will reduce significantly the ability of the CEO overbearing influence on the committee activities in ensuring financial reporting quality.
dc.formatapplication/pdf
dc.identifierhttp://eprints.covenantuniversity.edu.ng/12874/
dc.identifier.urihttps://repository.covenantuniversity.edu.ng/handle/123456789/42976
dc.languageen
dc.subjectHG Finance
dc.titleDOES CEOs POWER MODERATE THE EFFECT OF AUDIT COMMITTEE OBJECTIVITY ON FINANCIAL REPORTING QUALITY IN THE NIGERIAN BANKING SECTOR?
dc.typeArticle

Files

Original bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
sep 6.pdf
Size:
233.13 KB
Format:
Adobe Portable Document Format
Download

Collections

EPrint