IDEAS home Printed from https://ideas.repec.org/a/ids/ajaafi/v7y2020i2p126-142.html
   My bibliography  Save this article

Impact of board characteristics on auditor choice by deposit money banks in Nigeria

Author

Listed:
  • Khadijat Adenola Yahaya
  • Khairat Taiwo Ajibola

Abstract

The issue of board characteristics has received attention from the auditing profession due to users' demand for good governance. This study examined how board characteristics affect the selection of auditors by deposit money banks in Nigeria through the use of ex-post facto research design. The study used secondary data collected from annual reports of six selected banks in Nigeria for the period of ten years covering 2008-2017. Panel logistic regression was adopted. Findings revealed that board size had positive and significant relationship with auditor choice (0.758). Board independence and financial leverage exhibited negative but significant relationship with auditor choice (−10.71: −25.69). The study concluded that board size, board independence and financial leverage are important factors in the selection of high quality auditor by banks. It was recommended that independent directors should be allowed to take active part in the day to day activities of the banks to boost their operational efficiency.

Suggested Citation

  • Khadijat Adenola Yahaya & Khairat Taiwo Ajibola, 2020. "Impact of board characteristics on auditor choice by deposit money banks in Nigeria," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 7(2), pages 126-142.
    • Handle: RePEc:ids:ajaafi:v:7:y:2020:i:2:p:126-142
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=111732
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ajaafi:v:7:y:2020:i:2:p:126-142. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=383 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.