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DIVERSE EFFECTS OF CORPORATE GOVERNANCE AND INTELLECTUAL CAPITAL ON AUDIT QUALITY A QUANTILE REGRESSION TECHNIQUE IN PAKISTAN

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12 Pages : 145-155

http://dx.doi.org/10.31703/gmsr.2024(IX-IV).12      10.31703/gmsr.2024(IX-IV).12      Published : Dec 2024

Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan

Abstract

    In a world that has seen increased emphasis being placed on Corporate Governance (CG) and Intellectual Capital (IC) to determine the credibility of firms, this research seeks to establish the interrelation between CG, IC, and Audit Quality (AQ) of non-financial firms operating in the PSX. This study incorporates quantile regression to investigate the effects of the CG factors – Board Size (BS), Board Independence (BI), and Ownership Concentration (OC) – and the IC dimensions, including Research and Development (RD), Employee Training (ET), and Relational Capital (RC), on AQ. Interestingly, results indicate that solid board features and specific IC spending significantly boost AQ, which is more so at greater AQ. The positive increase in both BI and OC complements enhanced governance and oversight processes; good relational capital and adequate training of employees further speak to the need for strategic investment in improving sound audit practices.

    Corporate Governance, Intellectual Capital, Audit Quality, Relational Capital, Quantile Regression

    (1) Arshad Javed
    PhD Scholar, Department of Management Sciences, Preston University Islamabad Campus, Pakistan.
    (2) Tahir Imran Gulzar
    PhD Scholar, Hamdard Institute of Management Sciences (HIMS), Hamdard University Islamabad Campus, Islamabad, Pakistan.
    (3) Haroon Shafi
    Director (Admn/HR), Gilgit-Baltistan Power Development Board, Islamabad, Pakistan.
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Cite this article

APA

    APA : Javed, A., Gulzar, T. I., & Shafi, H. (2024). Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan. Global Management Sciences Review, IX(IV), 145-155. https://doi.org/10.31703/gmsr.2024(IX-IV).12

CHICAGO

    CHICAGO : Javed, Arshad, Tahir Imran Gulzar, and Haroon Shafi. 2024. "Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan." Global Management Sciences Review, IX (IV): 145-155 doi: 10.31703/gmsr.2024(IX-IV).12

HARVARD

    HARVARD : JAVED, A., GULZAR, T. I. & SHAFI, H. 2024. Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan. Global Management Sciences Review, IX, 145-155.

MHRA

    MHRA : Javed, Arshad, Tahir Imran Gulzar, and Haroon Shafi. 2024. "Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan." Global Management Sciences Review, IX: 145-155

MLA

    MLA : Javed, Arshad, Tahir Imran Gulzar, and Haroon Shafi. "Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan." Global Management Sciences Review, IX.IV (2024): 145-155 Print.

OXFORD

    OXFORD : Javed, Arshad, Gulzar, Tahir Imran, and Shafi, Haroon (2024), "Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan", Global Management Sciences Review, IX (IV), 145-155

TURABIAN

    TURABIAN : Javed, Arshad, Tahir Imran Gulzar, and Haroon Shafi. "Diverse Effects of Corporate Governance and Intellectual Capital on Audit Quality: A Quantile Regression Technique in Pakistan." Global Management Sciences Review IX, no. IV (2024): 145-155. https://doi.org/10.31703/gmsr.2024(IX-IV).12