Table 1 Summary of variables Variable... | Emerald Publishing

Table 1

Summary of variables

Variable type	Variable	Description	Measurement
Dependent Variables	ROA	Return on Assets	Net Income/Total Assets
Dependent Variables	EPS	Earnings Per Share	Net Income/Number of Outstanding Shares
Independent Variables	ACSIZE	Audit Committee Size	Number of members on the audit committee
	ACIND	Audit Committee Independence	Percentage of independent directors on the audit committee
	ACEXPERT	Audit Committee Expertise	Percentage of audit committee members with financial or accounting expertise
	ACMEET	Audit Committee Diligence	Frequency of audit committee meetings held during the fiscal year
Moderating Variable	BIG4	Audit Quality	Dummy variable: 1 if audited by a Big Four affiliated firm, 0 otherwise
Control Variables	FSIZE	Firm Size	Natural logarithm of total assets
	FAGE	Firm Age	Number of years since establishment
	LEV	Leverage	Total Debt/Total Assets

Variable type	Variable	Description	Measurement
Dependent Variables	ROA	Return on Assets	Net Income/Total Assets
Dependent Variables	EPS	Earnings Per Share	Net Income/Number of Outstanding Shares
Independent Variables	ACSIZE	Audit Committee Size	Number of members on the audit committee
	ACIND	Audit Committee Independence	Percentage of independent directors on the audit committee
	ACEXPERT	Audit Committee Expertise	Percentage of audit committee members with financial or accounting expertise
	ACMEET	Audit Committee Diligence	Frequency of audit committee meetings held during the fiscal year
Moderating Variable	BIG4	Audit Quality	Dummy variable: 1 if audited by a Big Four affiliated firm, 0 otherwise
Control Variables	FSIZE	Firm Size	Natural logarithm of total assets
	FAGE	Firm Age	Number of years since establishment
	LEV	Leverage	Total Debt/Total Assets