A Master’s Thesis at Al-Furat Al-Awsat Technical University Examines the Impact of Social Responsibility and Corporate Governance on Enhancing External Audit Quality
A Master’s thesis by researcher Adhra’a Mohammed Khalil, from the Department of Accounting Techniques at the Administrative Technical College/Kufa, one of the constituent colleges of Al-Furat Al-Awsat Technical University, was discussed. The thesis is entitled: “The Impact of Social Responsibility and Corporate Governance on Enhancing External Audit Quality: An Applied Study.”
The thesis aimed to analyze the impact of corporate social responsibility and corporate governance mechanisms on enhancing the quality of external auditing within the Iraqi banking environment.
The study confirmed the existence of a positive interactive effect between social responsibility and effective corporate governance mechanisms. This finding indicates that the effectiveness of social responsibility is further enhanced when supported by governance structures capable of transforming it from a formal and merely communicative commitment into an effective institutional practice characterized by oversight and disclosure.
The study recommended strengthening the integration between social responsibility and corporate governance by adopting an integrated institutional framework that links social responsibility with corporate governance mechanisms within a unified risk management and disclosure system. Under such a framework, social responsibility would be practiced as an integral part of the oversight and disclosure system, thereby influencing the quality of reporting and auditing rather than being treated as an isolated communication activity.
The study also emphasized the role of the external auditor in verifying the credibility and reliability of sustainability and corporate social responsibility reports.
