The Impact of Ownership Structure and Board Characteristics on Audit Quality

Abstract

The current study examines the effect of the Board and Ownership Structure on Audit Quality. Using a sample of 30 companies listed in Egyptian Stock Exchange (EGX 30) for the year 2017. Firm’s financial statements and board of director’s reports are used to collect data for measuring variables. Descriptive analysis, Person correlation and multiple regression analysis are used to test the hypotheses. Results show that there is a negative insignificant association between institutional ownership, ownership concentration, and board size and audit quality. While there is a positive insignificant association between board independence, foreign ownership. In addition there is a positive significant association board expertise and audit quality.