IDEAS home Printed from https://ideas.repec.org/a/ris/aarumt/3604.html
   My bibliography  Save this article

Impact of Audit Committee Attributes and Liquidity on Sustainability Reporting

Author

Listed:
  • Waseem, Fareeha

    (Hailey College of Banking & Finance, University of the Punjab, Lahore, Pakistan)

  • Hamid, Sara Zahid

    (Department of Accounting and Finance, Kinnaird College for Women, Lahore, Pakistan)

  • Javed, Abeera

    (Department of Accounting and Finance, Kinnaird College for Women, Lahore, Pakistan)

Abstract

This research aims to investigate the impact of audit committees, liquidity, leverage, and return on assets (ROA) on the sustainability reporting of firms. Additionally, the study conducts a comparative analysis of sustainability reporting practices between Pakistani food companies and BRICS food companies. The collected data included 360 samples of food companies for the period 2017-2022, including data from Pakistan and the top five (05) emerging market economies comprising BRICS, namely Brazil, Russia, India, China, and South Africa. Secondary data was employed in this study, utilizing information from sustainability reports and annual reports. Logistic regression analysis was used to analyze the results. The findings indicate that audit committee members and independent audit committee members significantly impact sustainability reporting, while audit committee meetings, board meetings, and liquidity do not. These findings provide valuable insights for investors seeking to understand the determinants of sustainability reporting, as well as for researchers exploring the interplay between corporate governance and financial performance in emerging markets. Furthermore, this study contributes to the literature by highlighting the relationship between audit committees, liquidity, and sustainability reporting in the context of the food sector in Pakistan and BRICS countries.

Suggested Citation

  • Waseem, Fareeha & Hamid, Sara Zahid & Javed, Abeera, 2024. "Impact of Audit Committee Attributes and Liquidity on Sustainability Reporting," Audit and Accounting Review, University of Management and Technology, Lahore, Pakistan, vol. 4(1), pages 1-28.
    • Handle: RePEc:ris:aarumt:3604
    as

    Download full text from publisher

    File URL: https://journals.umt.edu.pk/index.php/aar/article/view/5791/2556
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    audit committee; BRICS (Brazil; Russia; China; India; South Africa); leverage; liquidity; return on assets (ROA); sustainability reporting;
    All these keywords.

    JEL classification:

    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:aarumt:3604. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Asma Amantullah (email available below). General contact details of provider: https://edirc.repec.org/data/sbumtpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.