The Role of Audit Committee in Corporate Governance
Aishwarya.R1, B. Sangeetha Tomer2
1Aishwarya.R, BBA,LLB(HONS) 1st year, Saveetha school of law,saveetha university,SIMATS, Chennai, (Tamil Nadu), India.
2B. Sangeetha Tomer, Associate professor, Saveetha school of law,saveetha university, SIMATS, Chennai, (Tamil Nadu), India.
Manuscript received on November 17., 2019. | Revised Manuscript received on November 24 2019. | Manuscript published on 30 November, 2019. | PP: 12792-12795 | Volume-8 Issue-4, November 2019. | Retrieval Number: D5385118419/2019©BEIESP | DOI: 10.35940/ijrte.D5385.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Corporate governance has played a vital role in the business world, especially after the increased overall money related emergencies. Systematic corporate governance is viewed as an important aspect to acknowledge and include an association in a large portion of the stock trade showcases all around the globe. The audit committee undertakes a significant role in company or corporate governance in relation with the association’s course, authority, and duty. The audit committee is responsible for managing the association’s exposure and procedure, promising that the federation or association follows the significant neighborhood and international laws, justifiable measures and standards conforming to the association’s internal decree. The objective of the study is to examine the association between the nature of the audit committee and the gender and find the association between the requirement of audit committee in a company and age. For the purpose of this study, descriptive research is used Convenient sampling method is used to collect the 1493 samples.Independent variables are age, gender. The dependent variables are the nature of the audit committee and the requirement of the audit committee in a company. The study concludes that the nature of the audit committee is associated with age and the requirements of the audit committee in a company is associated with age.
Keywords: Audit Committee, Corporate Governance, ethics, role, Powers, Responsibilities.
Scope of the Article: E-Governance.