Does audit committee matter? Evidence from Tanzanian listed firms.

Aim: The primary role of audit committees is to provide oversight in the financial reporting, process, internal controls and compliance with regulations laws. objective this paper investigate impact board attributes on firm performance. Design/Research methods: Using a sample firms publicly traded Dar es Salaam Stock Exchange (DSE) during 1998–2018; estimated fixed effects regressions tests hypotheses developed. Conclusions/findings: results show that committee are positively linked Specifically, findings reveal as measured by meetings, existence committees, size independence have positive corporate performance return sales (ROS) profitability. These confirmed having performed better than those without committees. Originality/value article: There scarce research which examines link between developing countries. To date, there no study has investigated relationship characteristics Tanzania. This provides new evidence Tanzanian environment. Implications research: Overall, recommend large independent conducts their meetings regularly it ideally enhances Keywords: Audit attributes, governance, performance, Tanzania JEL: G3, N27