The Dynamics Of Audit Committee Characteristics, External Audit Quality, And Firm Performance. Evidence From Firms Listed In Pakistan Stock Exchange

Abstract

Audit quality and committee features are critical for any firm to ensure efficient and effective management of resources. Policymakers, scholars, and practitioners can all benefit from learning more about the connection between audit committee features and restatements. Thus, the purpose of this study is to explore the Characteristics of Audit Committee dynamics, external audit quality and firm performance using six years data of non financial firms listed in KSE 100 index. The result demonstrates that based on P values of all variables are significant but only one variable which is EAQ, is insignificant because the value of T is 0.523 which is less than 2. The result conclude that Audit committee characteristics as it produces positive association with firm performance but considerably low. So, if the Businessmen and policy makers focus of Audit committee characteristics it can be produce higher significant results which can boost up the firm performance.