Characteristics of Audit Committees and Corporate Performance in Saudi Joint Stock Companies: Descriptive Study
The study aimed to develop a theoretical framework to understand the relationship between Audit Committees
Characteristics and Corporate governance effectiveness. It is a descriptive study that described some of the factors that may
affect the achievement of the objectives of corporate governance. The study focused on six characteristics of the audit
committees included in previous literature to form a comprehensive theoretical framework on the importance of each of
them in achieving the objectives of corporate governance by examining the internal control system of the corporate.
The study found that there is a consensus in previous studies on the importance of the characteristics of the audit committees
and their effective role in the performance of corporate governance. However, there is a difference in the importance of each
property according to the different environments and countries of previous studies.
Keywords - Corporate Governance, Audit Committees, Audit Committees Characteristics, Internal control system.