325 International Journal of Academic Research in Accounting, Finance and Management Sciences Vol. 8, No.3, July 2018, pp. 321–333 E-ISSN: 2225-8329, P-ISSN: 2308-0337 © 2018 HRMARS www.hrmars.com To cite this article: Omar, M.B., Rahman, A.B.A, bin Abdul Hamid, F.Z. (2018). The Association between Corporate Governance and Disclosure of Audit committee Characteristics: A Conceptual Model for the Saudi Listed Companies, International Journal of Academic Research in Accounting, Finance and Management Sciences 8 (3): 325-335. http://dx.doi.org/10.6007/IJARAFMS/v8-i3/4918 (DOI: 10.6007/IJARAFMS/v8-i3/4918) The Association between Corporate Governance and Disclosure of Audit Committee Characteristics: A Conceptual Model for the Saudi Listed Companies Maadi Bakor Omar 1 , Azhar B Abdul Rahman 2 , Fathilatul Zakimi bin Abdul Hamid 3 1,2,3 Tunku Puteri Intan Safinaz School of Accountancy, Universiti Utara Malaysia, 1 E-mail: maadi16130@hotmail.com (Corresponding author) , 2 E-mail: azhar258@uum.edu.my Abstract Corporate governance has become common issues and the numbers of issues have increase gradually since the last two decades. Good corporate governance plays crucial part in developing better linkages in the organization which includes the vital role in the organization such as board members, managers, stakeholders and stockholders. Good practices of corporate governance not only can be seen in well-developed and business-oriented, but it also will promote organization events and enhance organization abilities in accessing all the sources. Besides, this practice will encourage organization in developing the values of business and systems controlled in facing any risk during the process of creating better organization. In achieving status of good status of corporate governance, a good organization should have good practices in the governance and disclosure also broad knowledge it is crucial elements for successful organization in the world. However, most of Arab Saudi listed companies have the foundation of good governance knowledge and this practice is one of the best elements for increasing and maintaining organization efficiency especially Index listed company. Nevertheless, previous studies on corporate governance always highlighted on controversial results on corporate governance impacts on the efficiency of company. However, this paper will be highlighted on factors that contribute corporate governance which include committees of board audit, the size of audit, independence, compensation and the frequency of meeting. On top of that, the result of this study will offer more suggestions for further research on the linkages between corporate governance and company also Saudi listed company disclosure in Saudi Arabia context. In aligned on the results, it will offer the implications on authority regulators, policymakers and shareholders with effective implication of best practices and information disclosure on corporate governance. Key words Saudi Arabia, disclosure, Board of audit committee Received: 08 Sept 2018 © The Authors 2018 Revised: 13 Oct 2018 Published by Human Resource Management Academic Research Society (www.hrmars.com) This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non- commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode Accepted: 16 Oct 2018 Published Online: 30 Nov 2018 1. Introduction In the rapid growth modern world, the importance of information presentation has been a wake-up call to business company to focus on wide range activities either financial or non-financial performance for instance socially responsible performance (Akisik and Gal, 2011). Due to increases numbers on financial crises and corporate scandals, corporate transparency and governance has become the beacon of hope in helping organizations in providing information through disclosure via media which includes annual reports, corporate websites, prospectuses and press releases. Information disclosure has been categorized as mandatory to reveal the real status of organization as demanded by regulations whilst power to select information to be revealed by management referred as voluntary disclosure (Uyar and Kilic, 2012). By implementing comprehensive public disclosure, awareness by stakeholders and investors will increase towards financial