The Influence of Audit Committee Quality and Financial Reporting Quality: A Case Study of Reliance Ltd.


International Research Journal of Economics and Management Studies
© 2022 by IRJEMS
Volume 1  Issue 2
Year of Publication : 2022
Authors : H. Rajashekar,R. Abhay
irjems doi : 10.56472/25835238/IRJEMS-V1I2P102

Citation:

H. Rajashekar,R. Abhay. "The Influence of Audit Committee Quality and Financial Reporting Quality: A Case Study of Reliance Ltd." International Research Journal of Economics and Management Studies, Vol. 1, No. 2, pp. 9-12 2022.

Abstract:

The Indian conglomerate Reliance Industries Limited was the subject of this investigation in particular (RIL). Given the recent corporate governance scandals in India and the lack of empirical research on the topic, this study contributed to the current body of literature (Wahhab & Al-Shammari, 2021). This study employed a quantitative research methodology, specifically secondary data analysis. Data was gathered from RIL's annual reports for 2021 to 2022, and the Altman Z-score was used to gauge the quality of financial reporting (Pujiati & Nita, 2022). Using the factors developed, the effectiveness of the audit committee was evaluated. The study's findings were addressed in the relevant literature. Based on the findings, recommendations were made concerning India's audit committee composition and financial reporting.

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Keywords:

Audit committee, audit committee characteristics, audit quality, financial performance, and agency theory