Investigating the Relationship Between the Features of the Audit Committee, the Audit Quality and the Profitability of the Companies Accepted in the Tehran Stock Exchange
Syedeh Hagar Hashemi Trojan
Abstract
One of the objectives of financial reporting is to provide information that is useful for investors, creditors and other current and potential users in investment and credit decision making and other decisions. The purpose of the present study was to investigate the relationship between audit committee characteristics and audit quality and profitability of companies accepted in Tehran Stock Exchange. The research method used is a descriptive correlational survey. The statistical sample of this study included 88 companies listed on Tehran Stock Exchange. The method of sampling was systematic elimination. The research data were gathered by library and facsimile methods and the tools used by Raheed Novin softwares and the comprehensive information bank of the Organization of the Exchange. Also for data analysis, data panel test using Eviews software has been used. The results show that there is a significant relationship between the audit committee characteristics and audit quality and the profitability of the listed companies in Tehran Stock Exchange.
Key words: Audit committee features, audit quality, profitability
