Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - The determinants of audit committees: evidence from the charity sector
AU - Jetty, Juliana
AU - Beattie, Vivien
PY - 2012/9/1
Y1 - 2012/9/1
N2 - Drawing on the theoretical perspectives of agency theory, institutional theory and resource dependency theory, this study finds that board attributes (consisting of the number of trustees and board structure), charity size, the nature of charitable activities, and external influences (namely proportion of restricted funds, presence of government funding and auditor quality) are all significantly positively associated with the annual report disclosure of audit committee existence. No relationship was found with either organizational legal form or donor dependence.
AB - Drawing on the theoretical perspectives of agency theory, institutional theory and resource dependency theory, this study finds that board attributes (consisting of the number of trustees and board structure), charity size, the nature of charitable activities, and external influences (namely proportion of restricted funds, presence of government funding and auditor quality) are all significantly positively associated with the annual report disclosure of audit committee existence. No relationship was found with either organizational legal form or donor dependence.
KW - Audit committees
KW - charities
KW - governance
KW - monitoring
KW - resource dependency theory
U2 - 10.1080/09540962.2012.703424
DO - 10.1080/09540962.2012.703424
M3 - Journal article
VL - 32
SP - 371
EP - 378
JO - Public Money and Management
JF - Public Money and Management
SN - 0954-0962
IS - 5
ER -