Musa Nura Dakata, Kamardin Hasnah, Abdul Malak Siti Seri Delima


Purpose- The aim of this study is to examine whether frequency of audit committee meetings and attendance in audit committee are associated with accrual earnings management.

Design/methodology/approach- The sample of the study is 14 companies under the Industrial Goods sub-sector listed under the Nigerian Stock Exchange (NSE) for the years 2012-2014. Modified Jones Model (1995) was used to measure earnings management proxied by discretionary accruals.

Findings- The findings show that frequency of audit committee meetings and attendance during the meetings negatively and significantly associated with discretionary accruals.

Theoretical implications- This study extends the previous related literature by examining the association between audit committee meetings and attendance and earnings management.

Practical implications- Regulators might use the findings of the study to regulate and further control the attendance of audit committee members during audit committee meetings.

Originality/value- This paper uses agency theory to provide empirical evidence on the importance of frequent audit committee meetings and higher attendance in audit committee meetings.


earnings management, corporate governance, audit committee meeting, audit committee attendance, discretionary accruals

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