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Factors Associated with Audit Committee Meeting Frequency: Evidence from Kuwait

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  • Meshari O. Al-Hajri

Abstract

Purpose- The purpose of the current study is to examine factors influencing Audit Committee (AC) meeting frequency in the Kuwaiti market. In particular, this study aims at investigating whether AC meeting frequency is significantly related to ownership concentration, board ownership, board characteristics, AC characteristics, and certain firm organizational characteristics. A regression model is used to examine the research questions of interest using data related to firms listed on the Kuwait Stock Exchange (KSE). The study’s results show that AC meeting frequency is positively related to ownership concentration, the audit firm type, and firm’s affiliation to the finance industry, but is negatively related to board independence and firm’s financial leverage. The results, however, reveals no significant relationship between AC meeting frequency and board size, or any of the AC characteristics examined.

Suggested Citation

  • Meshari O. Al-Hajri, 2018. "Factors Associated with Audit Committee Meeting Frequency: Evidence from Kuwait," Accounting and Finance Research, Sciedu Press, vol. 7(2), pages 207-207, May.
    • Handle: RePEc:jfr:afr111:v:7:y:2018:i:2:p:207
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    References listed on IDEAS

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    1. Joseph V. Carcello & Dana R. Hermanson & Terry L. Neal & Richard A. Riley, 2002. "Board Characteristics and Audit Fees," Contemporary Accounting Research, John Wiley & Sons, vol. 19(3), pages 365-384, September.
    2. Gopal V. Krishnan & Gnanakumar Visvanathan, 2008. "Does the SOX Definition of an Accounting Expert Matter? The Association between Audit Committee Directors' Accounting Expertise and Accounting Conservatism," Contemporary Accounting Research, John Wiley & Sons, vol. 25(3), pages 827-858, September.
    3. Giulio Greco, 2011. "Determinants of board and audit committee meeting frequency: Evidence from Italian companies," Managerial Auditing Journal, Emerald Group Publishing, vol. 26(3), pages 208-229, March.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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