Table I Measurement of the effectiveness... | Emerald Publishing

Table I

Measurement of the effectiveness of the audit committee

Dimensions	Proxy	Score	Source
Composition	Independence All members are independent external parties Expertise At least one member has educational background and expertise in accounting or finance	1: if it meets the requirements 0: does not meet the requirements	Ika dan Ghozali
Resources	Audit committee size The number of audit committees has at least three members	1: if it meets the requirements 0: does not meet the requirements	Ika dan Ghozali
Authority	Charter of the Audit Committee Proxy reports relating to audit committee charter The assignment of responsibilities a. Supervise the company’s financial information b. Supervise the activities of external auditors c. Overseeing the effectiveness of corporate internal control d. Oversee the company’s compliance with the rules	2: if explaining in detail 1: a brief statement 0: do not reveal at all	Ika dan Ghozali
Perseverance	Meeting Intensity of meeting at least four times in one-year Voluntary disclosure There is a voluntary disclosure report of the audit committee	1: if it meets the requirements 0: does not meet the requirements	Ika dan Ghozali

Dimensions	Proxy	Score	Source
Composition	Independence All members are independent external partiesExpertise At least one member has educational background and expertise in accounting or finance	1: if it meets the requirements0: does not meet the requirements	Ika dan Ghozali
Resources	Audit committee size The number of audit committees has at least three members	1: if it meets the requirements0: does not meet the requirements	Ika dan Ghozali
Authority	Charter of the Audit Committee Proxy reports relating to audit committee charterThe assignment of responsibilitiesa. Supervise the company’s financial informationb. Supervise the activities of external auditorsc. Overseeing the effectiveness of corporate internal controld. Oversee the company’s compliance with the rules	2: if explaining in detail1: a brief statement0: do not reveal at all	Ika dan Ghozali
Perseverance	Meeting Intensity of meeting at least four times in one-yearVoluntary disclosure There is a voluntary disclosure report of the audit committee	1: if it meets the requirements0: does not meet the requirements	Ika dan Ghozali