Thesis M.COM. (Accounting)) -- University of Limpopo, 2019 / The apparent weaknesses in corporate governance of state-owned enterprises and poor audit
reports have heightened the concern of investors and the state as the major shareholder of these
enterprises returns. Audit committees as a mechanism for good corporate governance plays a
major role in enterprise performance. These state-owned enterprises play a vital role in the
economy of South Africa. This study examines the effect of audit committee composition
(independence, gender diversity, financial expertise and size) on financial performance
measured by return on assets using major state-owned enterprises listed on Schedule 2 of
PFMA. The results show that the audit committee size, gender diversity and financial expertise
has an insignificant positive relationship with ROA, whereas the independence of audit
committee members has an insignificant negative association. The result of the study may be
beneficial to various stakeholders and boards of enterprises to make some proper decisions on
audit committee composition to attract more investors and at the same time safeguarding the
investments of shareholders.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ul/oai:ulspace.ul.ac.za:10386/2959 |
| Date | January 2019 |
| Creators | Nchabeleng, Olga Peloane |
| Contributors | Fakoya, M. B. |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | xvii, 178 leaves |
| Relation | Adobe Acrobat Reader |
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