| dc.description.abstract | The purpose of this research is to investigate the determinants of audit committee
diligence for listed companies in Ho Chi Minh Stock Exchange. A multiple linear
regression model, derived from the logarithmic model proposed by Raghunandan and
Rama, and cross-sectional data are used to examine the determinants.
After analyzing a sample of 100 firm observations in the most recent fiscal year, 2013,
the authors found that audit committee meeting frequency is negatively associated with
Audit Committee size. Board of directors meeting, ratio of financial expert members in
Audit Committee and litigation firms are found to be positively associated with the Audit
Committee diligence in Vietnam. However, no evidence is found of the associations of
the Audit Committee meeting frequency with board size, independent, BIG4, firm size,
growth rate, and leverage firms.
This is one of first papers to present empirical evidence on the determinants of audit
committee meeting frequency for listed companies in Ho Chi Minh Stock Exchange. The
paper looks into the impact of firm characteristics, including Audit Committee and Board
of Director aspects on the meeting frequency in Vietnam, and after that it is able to give
the foundations of these aspects to improve the effectiveness of Audit Committee, or firm
performance in general. | en_US |
