Audit Committee Attributes and Whistle-Blowing Policy

Main Article Content

Hussaini Bala
Anas I. Abdulwahab
Mansur L. Kwanbo
Ghousia Khatoon
Abubakar B. Karaye

Abstract

There is limited evidence about the association between audit committee (AC) characteristics and effective whistleblowing policy. In light of the above, this study explores the relationship between AC and the effective whistle-blowing policy in Nigerian Banks. The study uses a period of ten years (2009 to 2019). It employs a logistic regression technique in the analysis. Data for the study were found from the listed banks’ yearly reports. The results revealed that firms that have AC composed of independent directors, have more financial experts, and meet regularly are more likely to have an effective whistleblowing policy. Moreover, a larger AC is associated with a weak whistleblowing policy. Therefore, it is recommended that regulators such as the Security and Exchange Commission (SEC) and the Nigerian Central Bank (CBN) should ensure stringent compliance of their codes of corporate governance on AC composition as both of them recommend the existence of autonomous directors and financial experts in the AC. However, the findings and recommendations are only applicable to listed banks in Nigeria. For this reason, further research may be needed to be conducted on the AC attributes in other sectors like manufacturing firms.

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How to Cite
Bala, H., Abdulwahab, A. I., Kwanbo, M. L., Khatoon, G. and Karaye, A. B. (2022) “Audit Committee Attributes and Whistle-Blowing Policy ”, Koya University Journal of Humanities and Social Sciences, 5(1), pp. 1-6. doi: 10.14500/kujhss.v5n1y2022.pp1-6.
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Articles
Author Biographies

Hussaini Bala, Department of Accounting, Faculty of Administrative Sciences and Economics, Tishk International University, Erbil, Kurdistan Region, Iraq";}

Dr. Hussaini Bala is an Assistant Professor (Full) at the Department of Accounting, Banking and Finance Tishk International University Erbil, KRG. He has a B.Sc. degree in Accounting, M.Sc. degree in Accounting and Finance (Ahmadu Bello University, Nigeria), and a Ph.D. degree in Accounting (the Eminent Management University, Universiti Utara Malaysia). His areas of interest are financial reporting, auditing, corporate governance, and taxation. Dr. Hussaini Bala has many scientific publications (32) Journal Articles including papers published in Scopus, SSCI and ABDC indexed and more than (15) conference papers. He is a regular reviewer of h-index including African Journal of Economic and Management Studies (Emerald, Scopus Q2 & WOS, ESCI), Journal of Global Entrepreneurship Research (Springer, WOS, ESCI), South Asian Journal of Social Studies and Economics (WOS), Journal of Economics, Management and Trade (WOS). He is also a Certified Management Consultant (CMC) issued to him by the International Council of Management Consultant Institutes (ICMCI). He is a Certified Management Specialist (CMS) issued by The London Graduate School. He is also a Fellow of Institute of Management Consultant Nigeria (FIMC).

Anas I. Abdulwahab, Department of Accounting, Faculty of Management, Sciences Kaduna State University, Nigeria

Anas Idris Abdulwahab, is a Doctoral Scholar at the Department of Accounting, Faculty of Management Sciences Kaduna State University Nigeria. He has a B.Sc. degree in Accounting, M.Sc. degree in Accounting (Kaduna State University Nigeria). He also is a member of the Association of National Accountants of Nigeria.

 

Mansur L. Kwanbo, Department of Accounting, Faculty of Management Sciences Kaduna State University, Nigeria

Mansur Lubabah Kwanbo, currently works at the Department of Accounting, Faculty of Management Sciences Kaduna State University, Nigeria. She has a B.Sc. degree in Accounting, M.Sc. degree in Accounting and Finance (Ahmadu Bello University, Nigeria), and a Ph.D. degree in Accounting (Nigerian Defense Academy). She has published papers in national and international reputable journals. She also is a Fellow member of the Association of National Accountants of Nigeria. 

Ghousia Khatoon, Department of Accounting, Banking and Finance, Tishk International University, Erbil, Kurdistan Region, Iraq

Dr. Ghousia Khatoon is currently working as a Full Professor at the Department of Accounting, Banking and Finance, Tishk International University, Erbil, Kurdistan Region, Iraq. She has to her credit Bachelor’s in Commerce, Master’s in Commerce, Master’s in Business Administration, Post Graduate Diploma in Management, Post Graduate Diploma in Financial Management, Diploma in Management, and Ph.D. She has more than two decades of experience in teaching and research. She has authored 16 books and published 38 research articles in the journals of repute including Scopus indexed journals such as Inderscience Publishers. She is the recipient of the Best Paper Award on ‘Strategies for inclusive growth’ at SBJIT, Bangalore, India, and the Distinguished Teacher award from MTC Global India. She has chaired several sessions in international conferences and has delivered the keynote addresses at various forums. She has presented research papers at East China Normal University, Shanghai, China, Malaysia Putra University, Malaysia, Al- Falah University, Dubai, UAE, Jadara University, Jordon, Higher Colleges of Technology, Abu Dhabi, UAE. 

Abubakar B. Karaye, Department of Accounting, Banking and Finance, Tishk International University, Erbil, Kurdistan Region, Iraq

Dr. Abubakar Balarabe Karaye is a Lecturer (Full), in the Departments of Accounting, Banking, and Finance of Tishk International University, Erbil, KRG. He has a B.Sc. degree in Accounting from Bayero University Kano, Nigeria, MBA in Finance from Cankaya University, Ankara Turkey, and a Ph.D. degree in Business Administration with specialization in Accounting and Finance from Hacettepe University, Ankara, Turkey. He is a Certified Management Consultant (CMC) issued to him by the International Council of Management Consultant Institutes (ICMCI). He is also a Certified Management Specialist (CMS) issued by The London Graduate School. Dr. Abubakar Balarabe Karaye is also a Fellow of Institute of Management Consultant Nigeria (FIMC).

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