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The effect of female audit committee characteristics on audit fees of listed consumer goods sector in Nigeria

 Department: Accountancy  
 By: usericon SIRJOSEPH  

 Project ID: 7806
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   Price:₦3000
Abstract
The study examined the effect of female audit committee characteristics on audit fees of the listed consumer goods sector in Nigeria through the period 2015 to 2020. A total of ten firms out of the twenty-eight consumer goods on the floor of the Nigerian stock exchange were studied.  Secondary data generated from the annual reports and accounts of the sampled firms was used as well as data obtained from the Nigerian stock exchange fact book.  The study used female audit committee size, female audit committee diversity, female audit committee composition and female audit committee independence to proxy the independent variable( female audit committee characteristics)  while audit fees were used as the dependent variables. The collected data were analyzed using descriptive statistics, correlation analysis,  and ordinary least square regression analyses with the aid of STATA. Findings from the study through the use of regression analysis showed that female audit committee size has no significant effect on audit fees of listed consumer goods firms in Nigeria female audit committee diversity has a significant effect on audit fees of listed consumer goods firms in Nigeria female audit committee share composition has a significant effect on audit fees of listed consumer goods firms in Nigeria and female audit committee share independence has a significant effect on audit fees of listed consumer goods firms in Nigeria. It is recommended that the audit committee of consumer goods firms listed on the Nigeria stock exchange should integrate more female members since it is found in the study that, female audit committee characteristics members have a significant impact in determining the audit fees on listed consumer goods firms....
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