Audit Committee and Corporate Reporting Lag: A Study of Nigerian Listed Manufacturing Companies

Abstract

This The study examined audit committee and corporate reporting lag among listed manufacturing companies in Nigeria. Secondary data was used and a sample of 35 listed manufacturing companies in the Nigeria Exchange Group that have consistently published their annual audited financial report and accounts for the period of 2014 to 2021. The data was selected using both the statistical and non-statistical method, this was analyzed using descriptive statistics, correlation analysis and least square regression technique. The regression results revealed audit committee meeting has a negative and significant effect on corporate reporting lag of listed manufacturing companies in Nigeria and audit committee gender diversity has a negative and insignificant effect on corporate reporting lag of listed manufacturing companies in Nigeria. The study recommended that management and relevant stakeholders should maintain a frequency of audit committee meetings; this has the propensity for reducing corporate reporting lag among listed manufacturing companies in Nigeria.