The Relationship between Audit Committee Characteristics and Performance Metrics

Audit Committee is one of corporate governance that there are very little evidence about the role and characteristics in evaluating business unit performance. Hence, the purpose of this study was to investigate the relationship between audit committee characteristics and performance metrics. Accordingly, information of the 91 companies listed on the Tehran Stock Exchange during 1391-1393 have crosssectional. The results indicated that there is a significant negative relationship between the independence and expertise of accounting, audit committee members with performance metrics including return on assets, return on equity and Tobin's Q ratio.