Version 1
: Received: 8 August 2024 / Approved: 8 August 2024 / Online: 9 August 2024 (16:59:17 CEST)
How to cite:
Maani, A.; Buraik, O.; Al-amarneh, A.; Almashaqbeh, M. The Effect of The Audit Committee on The Voluntary Risk Disclosure In Jordanian Commercial banks: the moderating role of Family Ownership .. Preprints2024, 2024080667. https://doi.org/10.20944/preprints202408.0667.v1
Maani, A.; Buraik, O.; Al-amarneh, A.; Almashaqbeh, M. The Effect of The Audit Committee on The Voluntary Risk Disclosure In Jordanian Commercial banks: the moderating role of Family Ownership .. Preprints 2024, 2024080667. https://doi.org/10.20944/preprints202408.0667.v1
Maani, A.; Buraik, O.; Al-amarneh, A.; Almashaqbeh, M. The Effect of The Audit Committee on The Voluntary Risk Disclosure In Jordanian Commercial banks: the moderating role of Family Ownership .. Preprints2024, 2024080667. https://doi.org/10.20944/preprints202408.0667.v1
APA Style
Maani, A., Buraik, O., Al-amarneh, A., & Almashaqbeh, M. (2024). The Effect of The Audit Committee on The Voluntary Risk Disclosure In Jordanian Commercial banks: the moderating role of Family Ownership .. Preprints. https://doi.org/10.20944/preprints202408.0667.v1
Chicago/Turabian Style
Maani, A., Asmaa Al-amarneh and Mohmmed Almashaqbeh. 2024 "The Effect of The Audit Committee on The Voluntary Risk Disclosure In Jordanian Commercial banks: the moderating role of Family Ownership ." Preprints. https://doi.org/10.20944/preprints202408.0667.v1
Abstract
Corporate governance has received increasing attention from practitioners and politicians after the collapse of large companies due to accounting errors and failure to disclose information that reflects the true financial condition of companies. Voluntary risk disclosure includes several aspects, including financial risks, including risks of interest rate, exchange rate, liquidity as well as risks of operations. In Jordan, the most common type of business is family businesses, where boards of directors usually serve the interests of the family that owns the majority stake in the company.This study identifies the moderate effect of family in the link joining the audit committee with the voluntary risk disclosure of financial institutions in Jordan. It's population is the Jordanian commercial banks registered and operating in Jordan during the period extending from 2017 to 2023.Significantly, it concluded with revealing that the characteristics of the audit committee; namely, independence, experience, and committee size, obviously impact disclosure of voluntary risk in the selected banks. However, the results made it obvious that the number of audit committee meetings did not affect the degree of voluntary risk disclosure. In addition, the results view family ownership as moderately affecting the relationship joining some audit committee characteristics with voluntary risk disclosure.
Keywords
Keywords Audit Committee; Voluntary Risk Disclosure; Financial Companies; Family Ownership; Jordan
Subject
Business, Economics and Management, Accounting and Taxation
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
