AUDIT INDEPENDENCE ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATION
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- NGN 3000
Abstract
The need to focus on corporate governance has increased particularly in the wake of economic collapse and financial crises. Additionally, scholars have found that corporate governance influences a firm’s performance. Corporate failures and scandals have imposed the demand for reforms and for improved regulations particularly on governance matters. The purpose of the study was to identify ways of enhancing corporate governance through auditing. In the course of the study, the following research hypotheses were formulated by the researcher; audit committee does not enhance transparency and accountability in corporate organizations. Board independence does not enhance transparency and accountability in corporate organizations. Ownership concentration does not enhance transparency and accountability in corporate organizations. These hypotheses were analyzed using chi-square statistics.
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