Audit committee characteristics boost Jordanian firm performance, study finds.
The study looked at how the size, independence, gender diversity, experience, and meeting frequency of audit committees in Jordanian companies affect their performance. They found that a larger, more independent, and gender-diverse audit committee is linked to better company performance. However, experience and meeting frequency didn't show a significant impact. This information can help managers and boards make better decisions about their audit committees to improve company performance. It also gives policymakers insights into what characteristics are important for audit committees to protect shareholders' interests.