An Empirical Study on the Efficiency of Audit Committee Governance

The audit committee is endowed the role of supervising the financial reports in the listed companies,so the researchers now pay close attention to the field of the efficiency of audit committee. The listed companies are voluntary of establishing the audit committee,so the information disclosure about audit committee is simple,which restricts the deep study to audit committee. In this article,the author regards the audit committee as a whole,carries out an empirical study using the dates of Chinese listed companies. The result indicates that audit committee have no obvious role on supervising financial reports. At last,the author gives some suggestion to improve the efficiency.