Author(s): Amos Olafusi TOMOMEWO, David Olugbenga OMIDIJI, Oluwatobi Ayodele ABIOLA, Kevin Chinwe EKPENI, Kainu JUSTINE
An empirical examination of the effect of audit quality and enterprise risk management would not have been at a better time than now when the manufacturing companies in Nigeria are experiencing most challenges of production, the unprecedented effect of COVID-19, and unpleasant security challenges and infrastructural deficits in Nigerian business operational landscape. Consequently, the study investigated audit quality and enterprise risk-management on shareholders’ wealth maximization of Nigerian listed multinational manufacturing companies. This study adopted ex-post facto research design, qualitative and deductive research approaches. This study population consisted of all the 32 listed multinational manufacturing companies listed in Nigeria as at 31 December, 2021. A purposive sampling technique was adopted in this study, this enabled the researcher select purposively 14 multinational manufacturing companies that have complete data in line with the identified and specified variables of the study. The statistical tools used for the data analysis research were basically the descriptive and inferential statistics. Result of the analysis showed that audit quality and enterprise risk management had significant influence on assets growth of multinational manufacturing companies listed in Nigeria. Also, it was established that audit quality and enterprise risk management had significant effect on economic value added of multinational manufacturing companies listed in Nigeria