Audit Committee Characteristics and Quality of Financial Information: The Role of the Internal Information Environment and Political Connections

This study explores the relationship between audit committee characteristics and accounting information quality by justifying role of internal environment political connections under theocracy state Iran with syncretic politics. Using panel data 558 firms from Tehran Stock Exchange (TSE) for 2011–2016, we rank using Technique Order Preference Similarity to Ideal Solution (TOPSIS) entropy method determination weight evaluating indicators. The are positioned into high- low-level connections, two proxies used: independence financial knowledge. Furthermore, three used an environment: earning announcement speed, accuracy forecasting lack restatements. Our findings show that there is a significant positive in high-level as well knowledge quality. this suggest application economy theories could be appropriate more inquiry.