The Effect of Audit and Risk Management Committee on Financial Performance of Healthcare Firms in Nigeria

Abstract

This study examined the effect of audit and risk management committee on financial performance of healthcare firms in Nigeria. Ex Post Facto research design was employed. Data were collected from the sampled of healthcare companies in Nigerian Exchange Group. The hypotheses were tested using regression analysis via E-View 9.0. Thus the study revealed that audit committee has a positive effect on return on equity, and this effect was not statistically significant at 5% level of significance, while risk management committee was significantly affect return on equity of healthcare companies in Nigeria. The study recommended that it is essential that the audit committee is paid attention and more seriously in each corporate organization.