AUDIT COMMITTEE ATTRIBUTES AND INTELLECTUAL CAPITAL DISCLOSURE OF SELECTED MANUFACTURING FIRMS IN NIGERIA

ABSTRACT This study examined the effect of audit committee Attributes on intellectual capital disclosure of selected manufacturing firms in Nigeria. The specific objective of this study was to investigate the effect of audit committee size on intellectual capital disclosure of selected manufacturing firms in Nigeria, to examine the effect of audit committee Diligence on intellectual capital disclosure of selected manufacturing firms in Nigeria and to determine the effect of audit committee tenure on intellectual capital disclosure of selected manufacturing firms in Nigeria . The study adopt the ex- post facto and analytical research design base on the secondary data that was collected from annual financial report of selected manufacturing companies on Nigeria Stock exchange. The population of the study 27 manufacturing companies with the sample size of 27 using 5 years period ranging from 2019 – 2023. In this study, the researcher conducted pre regression analysis which includes descriptive statistics, correlation matrix, and normality of residua analysis. The Outcome from the logistic regression analysis was first conducted and diagnostic tests were carried out to check if it violates the basic assumptions of logistical regression. The outcome from the logical regression estimation reveals that audit committee size has a significant positive effect on intellectual capital disclosure with respect to selected manufacturing firms in Nigeria during the period under review, audit committee diligence has a significant positive effect on intellectual capital disclosure with respect to selected manufacturing firms in Nigeria during the period under review. Based on the findings of the study, the researcher conclude that the audit committee size and audit committee diligence significantly increase intellectual capital disclosure of the firm. From the findings of the study, the researcher carefully recommends among others that regulators and policy makers should be aware of their responsibility to ensure that shareholders are protected by prescribing appropriate corporate governance, structures and accounting regulations and guidelines since our results confirm the recommendations of the codes of corporate governance in Nigeria that audit committees have a critical role monitoring corporate reporting and therefore reducing information asymmetries.