审计委员会特征与可持续公司绩效:来自孟加拉国金融部门的证据

IF 4.8 Q1 BUSINESS
Rejaul Karim, Md. Mustaqim Roshid, Bablu Kumar Dhar, Md. Nahiduzzaman, Bapon Chandra Kuri
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引用次数: 0

摘要

本研究考察了审计委员会的特征如何影响孟加拉国商业银行内可持续公司的绩效。利用26家上市银行13年(2011-2023年)的数据,本研究调查了审计委员会规模、独立性和会议频率对财务和市场绩效指标的影响。具体而言,研究结果表明,较大的审计委员会(ACs)与较高的市场估值相关,表明委员会规模有助于战略监督和治理有效性。独立审计委员会成员还可以提高财务(资产回报率)和市场(托宾Q)绩效,强调他们在提高透明度、问责制和与可持续目标保持一致方面的作用。然而,频繁的审计委员会会议与业绩下降有关,这表明过于频繁的会议可能导致效率低下,而不是改善监督。这些结果表明,构建规模和独立性平衡、避免过多会议的协调委员会对于支持可持续增长至关重要,尤其是在孟加拉国等新兴经济体。该研究通过提供审计委员会实践的实证见解,将治理结构与长期公司战略和可持续增长相结合,从而为公司治理和可持续性文献做出了贡献。实际影响包括加强公司治理的监管改革的潜力,重点是委员会组成和会议实践,以促进金融部门的可持续公司绩效。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Audit Committee Characteristics and Sustainable Firms' Performance: Evidence From the Financial Sector in Bangladesh

This study examines how audit committee characteristics influence sustainable firms' performance within Bangladeshi commercial banks. Using data from 26 publicly traded banks over 13 years (2011–2023), this research investigates the impact of audit committee size, independence, and meeting frequency on both financial and market-based performance metrics. Specifically, the findings reveal that larger audit committees (ACs) are associated with higher market valuation, indicating that committee size contributes to strategic oversight and governance effectiveness. Independent audit committee members also enhance both financial (Return on Assets) and market-based (Tobin's Q) performance, underscoring their role in promoting transparency, accountability, and alignment with sustainable goals. However, frequent audit committee meetings correlate with diminished performance, suggesting that overly frequent sessions may lead to inefficiencies rather than improved oversight. These results indicate that structuring ACs with balanced size and independence and avoiding excessive meetings, is essential to support sustainable growth, particularly in emerging economies such as Bangladesh. The study contributes to corporate governance and sustainability literature by providing empirical insights into audit committee practices that align governance structures with long-term corporate strategy and sustainable growth. Practical implications include the potential for regulatory reforms that enhance corporate governance, focusing on committee composition and meeting practices to foster sustainable firm performance in the financial sector.

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来源期刊
Business Strategy and Development
Business Strategy and Development Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
5.80
自引率
6.70%
发文量
33
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