DOAJ Open Access 2025

INVESTMENT OPPORTUNITY AND CORPORATE GOVERNANCE MECHANISMS IN THE FORMATION OF THE AUDIT COMMITTEE

Antonio Gualberto Pereira Carla Fernanda Uzeda Marques José Sérgio Casé de Oliveira

Abstrak

We analyze the influence of investment opportunities and other corporate governance mechanisms on forming the audit committee of listed companies. We conducted quantitative research on 100 public companies listed on the Brazilian stock exchange from 2017 to 2022. The econometric model chosen to test the hypotheses, considering the estimations in unrestricted and restricted form, was the logit for panel data with random effects. The results indicated that investment opportunities do not significantly influence the voluntary constitution of an audit committee. But there is a relation between the audit committee and the independence of the board, the size of the board, and the entrenchment effect.

Topik & Kata Kunci

Economic growth, development, planning Social sciences (General)

Penulis (3)

Antonio Gualberto Pereira

Carla Fernanda Uzeda Marques

José Sérgio Casé de Oliveira

Format Sitasi

APA MLA BibTeX

Pereira, A.G., Marques, C.F.U., Oliveira, J.S.C.d. (2025). INVESTMENT OPPORTUNITY AND CORPORATE GOVERNANCE MECHANISMS IN THE FORMATION OF THE AUDIT COMMITTEE. https://doi.org/10.25112/rgd.v22i2.4275

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Informasi Jurnal

Tahun Terbit: 2025
Sumber Database: DOAJ
DOI: 10.25112/rgd.v22i2.4275
Akses: Open Access ✓