Divine Ogaga-oghene IGBE

This study examines the relationship between board audit committee characteristics and corporate financial performance in 50 selected companies listed on the Nigeria Stock Exchange Group (NGX) from 2018 - 2023. The study was carried out by extracting data from the annual reports for the period on which the secondary data and panel regression analysis were used. Corporate Financial Performance was represented by board size (BDSIZE), board independence (BDIND), audit committee size (ACSIZE), audit committee independence (ACIND), audit committee meeting frequency (ACMF), audit committee financial expertise (ACEXP) and two control variables leverage (LEV) and firm size (FSIZE), which formulated seven research hypotheses from each of the variables. The result of the finding revealed that board size (BDSIZE), audit committee size (ACSIZE), audit committee independence (ACIND), and audit committee financial expertise (ACEXP) have a positive and significant effect on corporate financial performance, audit committee independence has a positive but insignificant effect on the financial performance, while board independence (BDIND), frequency of audit meetings (ACMF), and firm size (FSIZE) have a negative and insignificant effect on corporate financial performance. These findings highlight the importance of strengthening audit committee composition and competencies to enhance financial performance and investor confidence.