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Unlocking financial peaks: board and audit roles in the GCC

Hajer Jarrar et al.

International Journal of Managerial and Financial Accounting2026https://doi.org/10.1504/ijmfa.2026.152743article
AJG 2ABDC B
Weight
0.50

Abstract

This research explores the intricate relationship between the board of directors and audit committees, and the subsequent financial performances of companies listed within the Gulf Cooperation Council (GCC). The study unveils a pivotal correlation between the characteristics of a company's board of directors and its financial prosperity. A noteworthy finding is the negative correlation between board size and financial performance, while board independence is positively associated with financial outcomes. Furthermore, the investigation sheds light on a complex interaction between audit committees and boards of directors. Enhanced board independence positively impacts the dimensions of audit committees, whereas an increased board size appears to diminish audit committee autonomy. Additionally, the research emphasises the critical role of audit committee composition in financial performance, revealing that an audit committee with greater autonomy is congruent with enhanced financial results. This study not only contributes to the existing body of knowledge regarding corporate governance and financial performance but also provides practical insights for GCC-listed companies in structuring their boards and audit committees to optimise financial performance.

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https://doi.org/https://doi.org/10.1504/ijmfa.2026.152743

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@article{hajer2026,
  title        = {{Unlocking financial peaks: board and audit roles in the GCC}},
  author       = {Hajer Jarrar et al.},
  journal      = {International Journal of Managerial and Financial Accounting},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1504/ijmfa.2026.152743},
}

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Unlocking financial peaks: board and audit roles in the GCC

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.