The Impact of Corporate Governance on Accounting Information Quality in the Libyan Telecommunications Sector: The Mediating Role of Digital Transformation

Abstract

This study investigates the impact of corporate governance (CG) on accounting information quality (AIQ) in the Libyan telecommunications sector, with a focus on the mediating role of digital transformation (DT). Data were collected from 152 professionals across five major telecom firms in Tripoli using a structured questionnaire. Regression analysis and Hayes’ PROCESS macro revealed a significant direct effect of CG on AIQ (β = 0.438, p < 0.001), with DT partially mediating the relationship, accounting for 31.9% of the total effect (β = 0.205, 95% CI [0.124, 0.301]). These findings suggest that robust governance enhances AIQ both directly through oversight mechanisms and indirectly by fostering digital adoption, which improves data accuracy, timeliness, and reliability. The study emphasizes the need for Libyan telecom firms to integrate governance reforms with digital strategies to enhance transparency and attract investment, particularly in a post-conflict economic context.