Effect of Audit Committee Characteristics on Financial Performance of Listed Deposits Money Banks in Nigeria
The study investigated the effect of audit committee characteristics on the financial performance of listed Deposit Money Banks (DMBs) in Nigeria. The study used correlational research design. Secondary were collected from the published annual financial reports of the studied of deposit money banks DMBs in Nigeria. The study covered the 15 listed DMBs in Nigeria for a period of eight years, ranging from 2016 to 2025. The data collected were analyzed using multiple regression analysis. Findings shows that frequency of audit committee meeting and audit committee gender have positive and significant effect on the financial performance of DMBs in Nigeria while audit committee expertise has negative and significant effect on the financial performance of DMBs in Nigeria. Furthermore, audit committee independence has no significant effect on the financial performance of DMBs in Nigeria. The study recommends that banks should sustain frequency of audit committee meetings and increasing membership of females in audit committee would likely improve accounting performance. Keywords: Audit committee, corporate governance, financial performance, deposit money banks
Keywords: Audit committee, corporate governance, financial performance, deposit money banks
Citation: Yat, S., Christopher, G. & Anyanwu, L.O. (2026). Effect of Audit Committee Characteristics on Financial Performance of Listed Deposits Money Banks in Nigeria. International Journal of Innovative Research in Accounting and Sustainability, 11(1), 35-43.