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Structure de Propriété et Qualité de l'Audit Externe : Cas des Entreprises Belges Cotées

Author

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  • Azhaar Lajmi

    (Unité de recherche Finance et Stratégies des Affaires - ISG Tunis)

  • Marjène Gana

    (ISCC Bizerte - Institut Supérieur de Commerce et de Comptabilité Bizerte - UCAR - Université de Carthage (Tunisie))

Abstract

This article aims to understand the behavior of Belgian companies in their choice of audit quality, referring to the characteristics of their ownership structure. The quality of external audit is approximated by a composite multi-items index. On the basis of a sample of 96 Belgian companies listed on the Euronext Brussels Stock Exchange during the period 2003-2007, a significant negative relationship between, on one hand, the share capital held by insiders and institutional investors and, secondly, audit quality index is highlighted. In contrast, a significant and positive effect of ownership concentration on the quality of external audit. Finally, the hypothesis of a non-linear relation between the audit quality and the governance variables is rejected.

Suggested Citation

  • Azhaar Lajmi & Marjène Gana, 2011. "Structure de Propriété et Qualité de l'Audit Externe : Cas des Entreprises Belges Cotées," Post-Print hal-00650542, HAL.
    • Handle: RePEc:hal:journl:hal-00650542
    Note: View the original document on HAL open archive server: https://hal.science/hal-00650542
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    References listed on IDEAS

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    Cited by:

    1. Soumaya Ayedi & Azhaar Lajmi & Emna Boumediene, 2019. "The effects of agency conflicts on audit quality demand: Evidence from Tunisia," Economics Bulletin, AccessEcon, vol. 39(3), pages 2175-2183.
    2. Rakia Riguen & Anis Jarboui, 2016. "Divergences comptabilité-fiscalité et Qualité de l'audit externe : Cas de la Tunisie," Post-Print hal-01901210, HAL.

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