Al-Hadrami, Rafiki, and Sarea, (2020) in their study found that audit independence and audit competence have a positive and significant influence on investment decision-making. Bhattrai (2017) in his study found that board size negatively impacts financial performance of commercial banks in Nepal whereas audit committee size and portion of independent directors positively impact the financial performance of commercial banks in Nepal but the author has cited inclusion of only commercial banks in his study.