دور لجان المراجعة في تفعيل حوكمة الشركات : دراسة ميدانية على الشركات المساهمة

الملخص EN

The aim of this study is to identify the role of the audit committees in implementing corporate governance in Saudi corporations through five main factors, which are: financial statements, internal control system, external auditor, internal auditor, and risk management.

It was initially reported historical background of the evolution of corporate governance in many countries of the world, including Saudi Arabia, and then review a number of previous studies, which related to the subject of study.

To achieve the aim of the study, a questionnaire has been formed containing thirty-six statements related to the five factors.

The researchers have depended upon analysis to collect the different points of view of the most important related parties inside the corporations (Chief Executive Officers, internal auditors, and Chief Financial Officers) to clarify their views of the role of audit committees in their corporations in the activation of corporate governance, and to discover whether there are significant differences between them.

The results showed that there is no role for audit committees in corporate governance of activation during the five study factors, which would require to draw the attention of concerned authorities of the reality of audit committees.

Also, there were not major differences between the samples of the study in their evaluation of the role of audit committees.

The study concludes with some recommendations, where the researchers recommend further research to examine the role of audit committees in corporate governance on the activation of different samples because of the complexity and importance of the subject.

Boards of directors in corporations have an essential duty when they select the members of audit committees depending on competence, experience and knowledge.

Also, there is an assumed role for the Capital Market Authority in requiring corporations to activate the role of audit committees in practice.