Audit Committees Empowered to Strengthen Corporate Governance and Protect Investors
The goal of the research was to figure out what makes Australian audit committees effective. The researchers created a mix of different responses to measure how well these committees work. They found that having independent members, giving training, and having knowledgeable and experienced people on the committee are linked to better effectiveness. However, some other committee characteristics didn't show a significant impact, meaning they need more research.