The impact of corporate governance on the financial reporting quality in Saudi banks

Volume 8, Issue 1, Article 12 - 2020

Authors: Ahmed Zakaria Zaki Osemy

Copyright © 2020 . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Abstract

This research aims to define the association between improving the quality of financial reporting process and achieving positive changes in operating income and comprehensive income by means of applying corporate governance requirements in the banks of the KSA. The research showed a positive relationship and statistically significant association between achieving corporate governance requirements in the Saudi banks (especially the existence of audit committee, board size, number of board committees) and improving the Saudi banks profitability, and consequently, refining the value of financial reporting process. The study recommends the importance of applying CG requirements in the KSA properly in order to improve the quality of financial reporting process more and more. This will lead to achieving positive changes in operating income and comprehensive income.

How To Cite This Article

Ahmed Zakaria Zaki Osemy (2020) The impact of corporate governance on the financial reporting quality in Saudi banks
Global Journal of Economics and Business Vol 8 (1) 166-179
https://doi.org/10.31559/GJEB2020.8.1.12