Internal Audit Effectiveness and Audit Committee Characteristics: Empirical Evidence from Pakistan

Internal audit function (IAF) is a critical component of corporate governance mechanisms, and researchers have argued that internal effectiveness (IAE) utmost importance to serve the purpose. The study attempts contribute better understanding on role committee (AC) characteristics (i.e. AC size, meeting frequency, expertise independence) as driver IAE in public limited companies listed Pakistan stock exchange (PSX). Two sets questionnaires were distributed 400 companies, whereas 162 completed all respects with response rate 41% received back. collected data was analyzed using PLS-SEM. results indicated positive influence size frequency companies. At same time, responses failed establish any significant relationship between independence IAE.