What are the relationships between corporate governance and external auditing in Moroccan public companies?

Résumé

Public companies and institutions continuously contribute to the development and economic growth of our country, which is why the governance of Moroccan public companies occupies a major place in the Moroccan government's major economic and social strategic orientations and perspectives. In this research study, we deployed an important conceptual and theoretical framework through the mobilization of agency theory to explain the link between external auditing and the governance of public companies. Furthermore, this paper aims to present the results of a qualitative document analysis focusing on aspects of governance, external auditing, and control in the Moroccan public company sector. Indeed, this document study, drawn from official government documents and reports on the subject of external auditing and the governance of public companies, helps to clarify the aspects of governance in the Moroccan public company sector. Based on our analyzes, we believe that, according to Law 17-95 relating to SAs, the Statutory Auditor plays a major role in the communication of transparent financial and non-financial information collected during his external audit mission within Moroccan public companies. This scientific article sheds light on the specific features of external auditing, control, and governance within the Moroccan public enterprise sector, thus building new research perspectives for new academic studies at the national and international levels within the framework of public organizations.