Examining the Quality of Audit Committee Work: An Empirical Examination of the Determinants of Audit Committee Diligence in the UAE

This study seeks to examine the main determinants of audit committee diligence of companies listed in the UAE. Following prior literature, audit committee diligence reflects audit committee work quality and is proxied by the number of meetings. Multivariate analysis is used to examine the relationship between certain corporate characteristics and number of meetings. Results showed that company size and financial expertise of AC members have positive significant impact on audit committee diligence. On the other hand, other variables such as firm leverage, firm profitability, and audit committee size seemed to have no significant relationship with audit committee diligence.