INVESTMENT OPPORTUNITY AND CORPORATE GOVERNANCE MECHANISMS IN THE FORMATION OF THE AUDIT COMMITTEE
DOI:
https://doi.org/10.25112/rgd.v22i2.4275Keywords:
Oportunidade de investimento, Comitê de auditoria, Governança corporativaAbstract
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.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Antonio Gualberto Pereira, Carla Fernanda Uzeda Marques, José Sérgio Casé de Oliveira
This work is licensed under a Creative Commons Attribution 4.0 International License.
• Os autores mantêm os direitos autorais e concedem à revista o direito de primeira publicação com o trabalho licenciado sob a Licença Creative Commons - Attribution 4.0 International (CC BY 4.0).
• Os autores são estimulados a publicar e distribuir seu trabalho online (ex.: em repositórios institucionais ou na sua página pessoal), pois isso pode aumentar o impacto e a citação do trabalho publicado.
