A Theoretical Analysis of the Audit Committeeas Role in China

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Pao-Chen Lee
Pao-Chen Lee
1 Kainan University

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A Theoretical Analysis of the Audit Committeeas Role in China Banner

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The objective of our study was to evaluate, in a population of Togolese People Living With HIV(PLWHIV), the agreement between three scores derived from the general population namely the Framingham score, the Systematic Coronary Risk Evaluation (SCORE), the evaluation of the cardiovascular risk (CVR) according to the World Health Organization.
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This paper aims to analyze the role of the Audit Committee (AC) in China by employing the following theoretical frameworks: managerial hegemony theory to examine whether ACs in China serve as a mere “rubber stamp”; the origin of agency theory to determine whether ACs are supported by the separation of ownership and control to act as overseers and supervisors; and to use resource dependence theory to assess whether ACs provide added value by acting as consultants and trainers in China. Telephone interviews surveying 330 listed companies in China yielded 61 interviews, and the research results reveal that the AC’s role supports both the resource dependency and agency theories but conflicts with managerial hegemony theory.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Pao-Chen Lee. 2015. \u201cA Theoretical Analysis of the Audit Committeeas Role in China\u201d. Global Journal of Management and Business Research - D: Accounting & Auditing GJMBR-D Volume 14 (GJMBR Volume 14 Issue D5): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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February 3, 2015

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A Theoretical Analysis of the Audit Committeeas Role in China

Pao-Chen Lee
Pao-Chen Lee Kainan University

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