One-time Government Grants and their Impact on Women Employees, Auditor Tenure, and Audit Committees’ Independence

Abstract

The World Health Organization declared the rapid spread of the new coronavirus as a global pandemic in 2020, prompting governments worldwide to implement lockdown policies and behavioural changes. This study used the database to examine the impact of one-time government grants on women employees, auditor tenure, and audit committees’ independence in Malaysian and Singaporean listed companies. The findings indicated higher concern levels in Singapore compared to in Malaysia. This study aimed to provide insights into how government financial interventions could enhance the economic resilience of listed companies post-pandemic, with grants showing significant impacts on women employees and audit committees’ independence.