The Influence of Internal Control Factors on the Perfomance Effectiveness of the Garment, Agricultural and Chemical Enterprises Listed on Vietnam’s Stock Market
Main Article Content
Abstract
The research focuses on analysing the impacts of internal control factors on the performance effectiveness of the garment, agricultural and chemical enterprises listed on Vietnam’s stock market. The research result shows that of the factors of Risk Assessment, Control Activities, Information and Communication, Monitoring and Control Environment, the factor of Information and Communication has the strongest effect on the performance effectiveness of the enterprises. Next to it is Risk Assessment, Control Environment and Monitoring. The factor of Control Activities has the least influence on the performance effectiveness of the enterprises.
Keywords:
Internal control, Performance Effectiveness of Enterprises
References
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[3] T. Karagiorgos, G. Drogalas, A. Dimou, Effectiveness of internal control system in the Greek Bank Sector, The South European Review of Business Finance & Accounting, 2010, pp.417-427.
[4] M. Salehi, M.M. Shiri, F. Ehsanpour, Effectiveness of internal control in the banking sector: Evidence from bank Mellat, Iran. IUP Journal of Bank Management 12(1) (2013) 23-34.
[5] Koutoupis, Tsamis, Risk based internal auditing within Greek banks: a case study approach‟, Journal of Management Government 13 (2009) 101-130.
[6] F. Hanim Fadzil, H. Haron, M. Jantan, Internal auditing practices and internal control system, Managerial Auditing Journal 20(8) (2005) 844-866.
[7] Hussaini Umar et. al., International Journal of Management Research & Review. 8(6) (2018) 13-32.
[8] Ndembu Zipporah Njoki, The effect of internal controls on the financial performance of manufacturing firms in Kenya, IOSR Journal of Economics and Finance 8(3) (2017) 92-105.
[9] Cornelius Kipkemboi Lagat, Caroline Ayuma Okelo, Edwin Terer, Effect of internal control systems on financial management in Baringo County Government, Kenya, Journal of Economics, Finance and Accounting 3(1) (2016) 93-106.
[10] Nguyen Thi Loan, Factors impact on the effectiveness of internal control systems in credit facilities in Vietnam commercial Banks, Science Journal of Ho Chi Minh Open University 63(6) (2018) 105-121.(in Vietnamese).
[11] Vu Thu Phung, Internal Control Factors affecting the performance effectiveness of EVN, Dissertation of Economics, HCM University of Economics, 2016. (in Vietnamese).
[12] Raj Bahadur Sharma1, Nabil Ahmed M. Senan, A study on effectiveness of Internal Control System in Selected Banks in Saudi, Arabia, Asian Journal of Managerial Science 8(1) (2019) 41-47.
[13] J. Hair, W. Black, B. Babin, R. Anderson,
R. Tatham, Multivariate Data Analysis, 6th ed, New Jersey: Prentice Hall, 2006.
[14] Nunally, Bernstein, Psychometric Theory, 3rd edition, Mc Graw - Hill, New York, 1994.