ARE THERE FACTORS INFLUENCING AUDITORS’ INDEPENDENCE IN LISTED  FIRMS? EMPIRICAL ANALYSIS FROM NIGERIA

Sunday Oseiweh Ogbeide; Ikhu-Omoregbe Godstime Osarobo

doi:10.57233/gujaf.v2i2.66

Authors

Sunday Oseiweh Ogbeide, PhD Elizade University, Ilara- Mokin, Ondo State
Ikhu-Omoregbe Godstime Osarobo, PhD University of Benin, Benin City, Nigeria

DOI:

https://doi.org/10.57233/gujaf.v2i2.66

Keywords:

Auditor Independence, Audit Tenure, Audit Committee Independence, Board Gender Diversity, Beneish M-Score

Abstract

Quest for a potent measure of audit independence in the light of the increasing collapse of firms after an external auditor report informed the rationale behind this research. The study investigated the factors driving auditor independence in Nigeria using data from a sample of eighty eight (88) listed firms in the period 2015 to 2019. The Correlation statistic and dynamic panel least squares method. The result indicates that audit committee independence, managerial ownership and audit tenure were significant and exerted a favourable link on auditor independence. Board gender diversity was negative on auditor independence. The stances of the research is that audit committee independence, managerial ownership and audit tenure are key drivers of auditor independence of listed firms in Nigeria.

Author Biographies

Sunday Oseiweh Ogbeide, PhD, Elizade University, Ilara- Mokin, Ondo State

Department of Accounting and Finance
Faculty of Humanities, Social and Management Sciences
Elizade University, Ilara- Mokin, Ondo State, Nigeria.
+234-8132490958