The main aim of this study was to investigate on the critical success factors for effective internal auditing. Internal auditing is the backbone of internal control in an organization. Although challenges exist on internal audit in the public of sector, there are success factors for effective internal auditing. The investigation mainly focused on the case at the Office Auditor General that audits all the public sector offices in Namibia.
The Management team and the internal auditors at the office were the source for the required data to the researcher questionnaires through google form. The study used empirical literature to identify the critical success factors to effective internal auditing function at the Office of Auditor General. The factors were identified and categorized into models that were developed from the study. The outcomes were presented in frequency tables and charts obtained from the data analysis.
An Investigation into the Effect of Board Members’ Remuneration on the Perfor...BIJFMCF Journal
. The study focused on the effects of the board members’ remuneration on the performance of public enterprises in Namibia. The main objective of this study was to investigate the interrelationship between board members’ remuneration and the performance of the public enterprises in Namibia. The study used quantitative methods as a research strategy. The research study used secondary data from the Ministry of public enterprises database and primary data was gathered through structured questionnaires that were distributed to different public enterprises’
Chief executive officers in Namibia. The study focused on board members’ remuneration as representatives of the board members for each of the 97 state-owned enterprises in Namibia. The researcher used Excel to do the regression analysis. The researcher tested for correlation between a firm’s performance and annual salary and sitting allowance and miscellaneous allowance. Public enterprises are divided into four tiers. The researcher made use of the average revenue for each tier to represent the firm’s performance. A total of 75% of the respondents do not agree that there is a relationship between the board members’ remuneration and the firms’ performance, and 17% agree that there is a
relationship between the board members’ remuneration and the firms’ performance. The study recommended that
the MPE/PEs should implement motivational strategies to improve board members’ performance hence improving the firm’s performance.
Critical Success Factors for Effective Internal Auditing: A Case of the Offic...FinancialMarketCorpo
The main aim of this study was to investigate on the critical success factors for effective internal auditing.
Internal auditing is the backbone of internal control in an organization. Although challenges exist on internal audit
in the public of sector, there are success factors for effective internal auditing. The investigation mainly focused on
the case at the Office Auditor General that audits all the public sector offices in Namibia.
The Management team and the internal auditors at the office were the source for the required data to the
researcher questionnaires through google form. The study used empirical literature to identify the critical success factors to effective internal auditing function at the Office of Auditor General. The factors were identified
and categorized into models that were developed from the study. The outcomes were presented in frequency
tables and charts obtained from the data analysis. The results of the study show that management support
and good management practice, adequate well-trained and competent internal audit staff, functional board of
directors, internal policies and control are the critical successful factors to effective internal auditing. However,
management support and good management practice play a vital role among the identified factors. The study
recommended that the Office of the Auditor General should support internal auditing roles by facilitating the internal auditing work and recruit more skilled and qualified internal auditors to increase the effectiveness of internal
auditing.
2nd Generation Construction procurement Reform -Published at IPPC 2012 at Se...Veluppillai Mohan
This objective of this paper is, to identify the 2nd Generation Construction procurement Reform from the procurement global construction survey and to attend to the views of the buyers (owners) of construction services and look at their take on the current state of the industry, their levels of satisfaction and importantly, some of the key issues facing future project planning and the appointment of contractors. Survey carried out research which sought to identify those issues which keep the CEOs of major contracting companies to say, the business risks facing contractors and the management of construction projects. The research survey carried out by owners, chief executives and senior executives of major leading global companies to explore three main areas: 1.Current business trends, 2.Managing the building process and 3.The future.
The Effect of Information Technology and Total Quality Management on Organiza...Sigit Sanjaya
This study discovers the effect of information technology (IT) and total quality management (TQM) on organizational performance. The unit of analysis is state-owned enterprises in Padang city, Indonesia. The study utilized primary data which is obtained through the questionnaire. Total sampling is used in this study. 90 questionnaires were returned as a final sample. Data were analyzed by multiple regression analysis performed by SPSS 25 software. The result shows that IT has a positive and significant effect on organizational performance. TQM has a positive and significant effect on organizational performance.
Influence of Knowledge Management Processes on Organizational Performance in ...inventionjournals
This research attempts to establish a link between knowledge management processes and organizational performance in knowledge intensive service sectors. The key dimensions of knowledge management processes have been identified which could influence the organizational performance. Metric has been developed for the empirical investigation of the relationships between these research constructs. Structural Equation Modelling (SEM) using partial least square techniques has been used to test these hypotheses with a sample size of 491 knowledge workers (330 - Higher educational institutions and 161 from the IT companies) to investigate the empirical relationships between the factors. All the four hypotheses were supported. The testing of the hypotheses justified the identification of the key dimensions of KM as the critical success factors in terms of the organizational performance. Implications of the study would enable the strategic planning managers to make their knowledge management processes more effective so as to enhance the organizational performance
An Investigation into the Effect of Board Members’ Remuneration on the Perfor...BIJFMCF Journal
. The study focused on the effects of the board members’ remuneration on the performance of public enterprises in Namibia. The main objective of this study was to investigate the interrelationship between board members’ remuneration and the performance of the public enterprises in Namibia. The study used quantitative methods as a research strategy. The research study used secondary data from the Ministry of public enterprises database and primary data was gathered through structured questionnaires that were distributed to different public enterprises’
Chief executive officers in Namibia. The study focused on board members’ remuneration as representatives of the board members for each of the 97 state-owned enterprises in Namibia. The researcher used Excel to do the regression analysis. The researcher tested for correlation between a firm’s performance and annual salary and sitting allowance and miscellaneous allowance. Public enterprises are divided into four tiers. The researcher made use of the average revenue for each tier to represent the firm’s performance. A total of 75% of the respondents do not agree that there is a relationship between the board members’ remuneration and the firms’ performance, and 17% agree that there is a
relationship between the board members’ remuneration and the firms’ performance. The study recommended that
the MPE/PEs should implement motivational strategies to improve board members’ performance hence improving the firm’s performance.
Critical Success Factors for Effective Internal Auditing: A Case of the Offic...FinancialMarketCorpo
The main aim of this study was to investigate on the critical success factors for effective internal auditing.
Internal auditing is the backbone of internal control in an organization. Although challenges exist on internal audit
in the public of sector, there are success factors for effective internal auditing. The investigation mainly focused on
the case at the Office Auditor General that audits all the public sector offices in Namibia.
The Management team and the internal auditors at the office were the source for the required data to the
researcher questionnaires through google form. The study used empirical literature to identify the critical success factors to effective internal auditing function at the Office of Auditor General. The factors were identified
and categorized into models that were developed from the study. The outcomes were presented in frequency
tables and charts obtained from the data analysis. The results of the study show that management support
and good management practice, adequate well-trained and competent internal audit staff, functional board of
directors, internal policies and control are the critical successful factors to effective internal auditing. However,
management support and good management practice play a vital role among the identified factors. The study
recommended that the Office of the Auditor General should support internal auditing roles by facilitating the internal auditing work and recruit more skilled and qualified internal auditors to increase the effectiveness of internal
auditing.
2nd Generation Construction procurement Reform -Published at IPPC 2012 at Se...Veluppillai Mohan
This objective of this paper is, to identify the 2nd Generation Construction procurement Reform from the procurement global construction survey and to attend to the views of the buyers (owners) of construction services and look at their take on the current state of the industry, their levels of satisfaction and importantly, some of the key issues facing future project planning and the appointment of contractors. Survey carried out research which sought to identify those issues which keep the CEOs of major contracting companies to say, the business risks facing contractors and the management of construction projects. The research survey carried out by owners, chief executives and senior executives of major leading global companies to explore three main areas: 1.Current business trends, 2.Managing the building process and 3.The future.
The Effect of Information Technology and Total Quality Management on Organiza...Sigit Sanjaya
This study discovers the effect of information technology (IT) and total quality management (TQM) on organizational performance. The unit of analysis is state-owned enterprises in Padang city, Indonesia. The study utilized primary data which is obtained through the questionnaire. Total sampling is used in this study. 90 questionnaires were returned as a final sample. Data were analyzed by multiple regression analysis performed by SPSS 25 software. The result shows that IT has a positive and significant effect on organizational performance. TQM has a positive and significant effect on organizational performance.
Influence of Knowledge Management Processes on Organizational Performance in ...inventionjournals
This research attempts to establish a link between knowledge management processes and organizational performance in knowledge intensive service sectors. The key dimensions of knowledge management processes have been identified which could influence the organizational performance. Metric has been developed for the empirical investigation of the relationships between these research constructs. Structural Equation Modelling (SEM) using partial least square techniques has been used to test these hypotheses with a sample size of 491 knowledge workers (330 - Higher educational institutions and 161 from the IT companies) to investigate the empirical relationships between the factors. All the four hypotheses were supported. The testing of the hypotheses justified the identification of the key dimensions of KM as the critical success factors in terms of the organizational performance. Implications of the study would enable the strategic planning managers to make their knowledge management processes more effective so as to enhance the organizational performance
An Exploratory Study of Factors Influencing Corporate Sustainability on busin...AkashSharma618775
This study evaluates the effect of corporate sustainability on business performance of manufacturing
industries in USA, from 2012 to 2015. These Manufacturing industries are listed in Corporate Social
Responsibility Hub (CSRHub), Morning Star and Global Reporting Initiative (GRI). All data used in this report
were extracted from 37 manufacturing companies’ Sustainability, corporate social responsibility (CSR) and
annual reports. These companies are of diverse sectors such as Automobile, Health care, consumer goods, food,
beverages and technology. Quantitative method of research is used in this study; this also includes the use of
explanatory and descriptive research design. The main issues to be discussed in this study are Donation, Incident
rate reduction and Water Recycled as the independent variables, while Revenue is the dependent variable. Data
analysis was carried out using the regression analysis, descriptive statistics and correlation. E-views software
generated the data for further analysis. The findings imply that donation has a positive insignificance effect on
revenue, reduced incident rate reduction had positive significance effect on revenue and water recycling has
negative insignificant effect on revenue. In the future researches, larger samples of companies form diverse sectors
and subsectors should be studied to broaden the research on company performance especially the non-financial
aspect.
Strategy for Technology Transfer and Research Results Commercialization in Un...YogeshIJTSRD
In the globalization stage, there has been an increasing interest in the determinants and outcomes of successful technology transfer and commercialization of research results. In this study, An evaluation framework which crosses technology transfer services and research results commercialization in University has been created. We found that research based business idea generation increase at a faster rate for professors with private sector work experience who have more time for research in their positions. The article ends with a discussion of our empirical findings and its implications for support activities related to technology transfer and commercialization of research results. Dr. Le Nguyen Doan Khoi "Strategy for Technology Transfer and Research Results Commercialization in University" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44945.pdf Paper URL: https://www.ijtsrd.com/management/randd-management/44945/strategy-for-technology-transfer-and-research-results-commercialization-in-university/dr-le-nguyen-doan-khoi
Case Study: Business Management School at the Turkish Republic of North Cypru...journal ijrtem
Abstract : The global mega-trends as the case in the Business Management School (BMS) at Turkish Republic of North Cyprus (TRNC) are leading to increase the levels of their school, dynamism and uncertainty in the corporate environment and outside the country. In an uncertain economy, the BMS needs effective strategies that will enable it to prosper. Traditional leadership approaches have been recognized insufficient by the rapid changes in the knowledge economy. This business need to practice systemic innovation in this fast-changing, knowledge-driven global business landscape in order to remain competitive with the available Universities and Colleges. Strategic administration is random to the span of the association, however will probably happen in a violent business environment. Item separation and cost administration were additionally straightforwardly connected to vital authority. Finally, this study affirmed that viable vital administration practices could help business associations in BMS to upgrade their execution while contending in disorderly and cracked situations. Estimation instruments have additionally been produced, which might be utilized by administrators, experts and different specialists to quantify these marvels in future. Keywords: Strategic, Thinking, Planning, Disorder, Knowledge, TRNC, Leadership
THE IMPACT OF KNOWLEDGE MANAGEMENT ON THE FUNCTION OF EMPLOYEE PERFORMANCE AP...IJMIT JOURNAL
The study aimed at identifying the impact of knowledge management on the function of employee performance appraisals (it is one of the most important functions of human resources management) in Jordanian industrial public shareholding companies, relying on the descriptive analytical approach. A questionnaire has been developed and distributed on individuals of the study sample consisting of managers of departments and sections of human resources in each company. The number of questionnaire retrieved and valid for statistical analysis (294) representing (86.5%) of the distributed questionnaires. In order to analyze the study sample, reliance was placed on descriptive statistics, represented in the
arithmetic means and standard deviations, in addition to the multiple linear regression analysis in hypothesis testing. The study reached a number of findings, most importantly, the presence of statistically significant impact at the level of (α=0.05) for the knowledge management including its dimensions (knowledge generation, knowledge storage, knowledge sharing, knowledge application) on the function of
employee performance appraisals in Jordanian industrial public shareholding companies. The study has recommended that the Jordanian industrial public shareholding companies should follow an efficient evaluationsystem capable of identifying the employees’ weaknesses
Assessment of Neural Network and Goal Programming on Cross Cultural ManagementYogeshIJTSRD
For achieving success in a global arena cross cultural training should be provided to employees to settle down between the global business environment and culture as one of the factors contributing to economic success, revenue generation, surplus booking, goodwill enhancement, market fame and many more. More the revenue, more the profit booking leads to rise company’s goodwill and builds customers faith as well as provides employee satisfaction which motivates employees to be more productive, more efficient, more energetic, more enthusiastic, and never let employees to get stressed from their work.AI ANN and goal programming is being used a method to find something fruitful to mitigate cross cultural issues in an organization. Shefali G | Dr. Rajesh Singh "Assessment of Neural Network and Goal Programming on Cross Cultural Management" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd41217.pdf Paper URL: https://www.ijtsrd.comcomputer-science/computer-network/41217/assessment-of-neural-network-and-goal-programming-on-cross-cultural-management/shefali-g
Currently, most companies or organizations can select a number of methodologies to improve their business processes, which include Six Sigma, Lean Thinking, Lean Six Sigma, Business Process Reengineering, Total Quality Management, Kaizen and Poka-Yoka. However, selecting an appropriate methodology has to be guided by the organization’s objectives. In this respect, the BPR is one of the best methodologies that can help organizations to ensure the continuity of their businesses so they will remain relevant for a long time.
Using Machine Learning embedded in Organizational Responsibility Model, added to the ten characteristics of the CIO Master and the twelve competencies of the workforce can help lead the Digital Transformation of the traditional public organizations to the Exponential.
Professor Stephen Roper . International Conference . Taiwan. Experimenting wi...enterpriseresearchcentre
Presentation by Professor Stephen Roper to International Conference - Taiwan.
Experimenting with industrial policy: The UK’s experience of industrial policy making using randomised control trials (RCTs)
Relationship between Accounting Information and Decision Making in the Sri La...inventionjournals
Accounting information is used extensively by organizations in strategic decision making. This study analyses the relationship between accounting information and strategic decision making in the Sri Lankan manufacturing sector, specifically the relationship between accounting information and manufacturing and marketing related strategic decision making of companies operating in Sri Lanka’s manufacturing sector. Sample for the study consisted of 70 public quoted manufacturing companies operating in the country. The unit of analysis for this research was at company level. Primary data for the study were collected via a questionnaire survey which was conducted with the Chief Executives Officers of the selected manufacturing organizations. The relationship between accounting information and marketing and manufacturing related strategic decision making was analysed using Pearson’s Correlation. Findings from the study indicated that accounting information has a statistically significant strong positive correlation with both marketing related strategic decision making and manufacturing related strategic decision making of companies operating in Sri Lanka’s manufacturing sector
An Objective Review Of The Organizational Behavior For The Successfulness And...journal ijrtem
Abstract : The most important items to be taken into consideration in order to create and maintain a competitive advantage for any Bank are the strategic thinking and planning as firstly, and secondly is the human resources management. Truly, the consideration of human capital is in the top list of current managerial bothers in the Banks in all over the world. In spite of the concern of industries with human resources, the strategic thinking is considered as a glaringly separated from the function. This separation is apparent in two levels as firstly, nowadays leaders are failing in completely considering strategic thinking effectiveness when they are planning for long term process. In real case, all administrators avow the importance of strategic thinking in any implementation process in strategic plans. Where, the triumphant framework seeks to take strategic thinking into considerations during the strategic formulation process for its importance in each plan. The consideration of the strategic thinking as strengths and weaknesses is mostly examined as enabling this function which is the responsible for the implementation process of the plan, while it is ignored within the initial plan stages. In this paper, a survey is conducted in two banks in Jordan as a special case of study in order to detect the role of strategic thinking and planning on the performance of the banks. Keywords: Strategic Thinking, Cairo-Amman Bank, Strategic Planning, Organizational Behavior
Knowledge Management: A Literature ReviewOlivia Moran
Is technology the key critical factor, which determines the success or failure of a
Knowledge Management (KM) implementation initiative? Are there other factors,
which contribute to its success or failure?
KM is concerned with sharing and managing information. People need to be seen as
the primary key to its success, as they play a very crucial role. People hold substantial
amounts of information and they need to be encouraged to share it. Technology is
available to support knowledge sharing, but this does not mean that people will
automatically give it up.
This paper examines the human element of knowledge management
Factors influencing the effectiveness of internal audit on organizational per...IJAEMSJORNAL
The purpose of this study is to investigate the factors influencing internal auditing and its relationship with organizational performance. Multiple regressions were utilized to evaluate the scale of the influence of the four independent variables identified in the conceptual framework on organizational performance. The sample of this research was taken by random sampling method. The data were obtained by questionnaire. All variables were measured by using 5 point Likert scale. The result showed that the There are a significant relationship between competence of Internal Audit department, size of Internal Audit department, management support for internal audit Independence of internal audit and organizational performance. The limitation of this study is very small number of populations; therefore the findings will be difficult to be generalized to examine factors influencing the internal audit effectiveness. Future research should consider larger number of the population also including more internal auditing factors to measure the organizational performance.
Development and Validation of a Scale for Measuring Internal Auditing Effecti...IJAEMSJORNAL
The purpose of the current study is to develop and validate a multidimensional scale for
measuring internal auditing effectiveness (IAE) in Tunisia. The authors’ methodological approach is based
on both qualitative and quantitative methodologies. The qualitative technique was used to generate scale
items to measure IAE and the quantitative technique was utilised to test and validate the scale. The sample
includes 148 chief internal auditors from Tunisian companies. Data were divided in half. First half was
utilised for exploratory factor analysis (EFA) and the second half of the data were utilised to run
confirmatory factor analysis (CFA). The study found that IAE is a three-dimensional construct (internal
audit process, output of internal audit and impact of internal audit) which is consisted of 16 items. This
reliable and valid scale offers a practical instrument to measure IAE that very interesting to managers and
external auditors.
An Exploratory Study of Factors Influencing Corporate Sustainability on busin...AkashSharma618775
This study evaluates the effect of corporate sustainability on business performance of manufacturing
industries in USA, from 2012 to 2015. These Manufacturing industries are listed in Corporate Social
Responsibility Hub (CSRHub), Morning Star and Global Reporting Initiative (GRI). All data used in this report
were extracted from 37 manufacturing companies’ Sustainability, corporate social responsibility (CSR) and
annual reports. These companies are of diverse sectors such as Automobile, Health care, consumer goods, food,
beverages and technology. Quantitative method of research is used in this study; this also includes the use of
explanatory and descriptive research design. The main issues to be discussed in this study are Donation, Incident
rate reduction and Water Recycled as the independent variables, while Revenue is the dependent variable. Data
analysis was carried out using the regression analysis, descriptive statistics and correlation. E-views software
generated the data for further analysis. The findings imply that donation has a positive insignificance effect on
revenue, reduced incident rate reduction had positive significance effect on revenue and water recycling has
negative insignificant effect on revenue. In the future researches, larger samples of companies form diverse sectors
and subsectors should be studied to broaden the research on company performance especially the non-financial
aspect.
Strategy for Technology Transfer and Research Results Commercialization in Un...YogeshIJTSRD
In the globalization stage, there has been an increasing interest in the determinants and outcomes of successful technology transfer and commercialization of research results. In this study, An evaluation framework which crosses technology transfer services and research results commercialization in University has been created. We found that research based business idea generation increase at a faster rate for professors with private sector work experience who have more time for research in their positions. The article ends with a discussion of our empirical findings and its implications for support activities related to technology transfer and commercialization of research results. Dr. Le Nguyen Doan Khoi "Strategy for Technology Transfer and Research Results Commercialization in University" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44945.pdf Paper URL: https://www.ijtsrd.com/management/randd-management/44945/strategy-for-technology-transfer-and-research-results-commercialization-in-university/dr-le-nguyen-doan-khoi
Case Study: Business Management School at the Turkish Republic of North Cypru...journal ijrtem
Abstract : The global mega-trends as the case in the Business Management School (BMS) at Turkish Republic of North Cyprus (TRNC) are leading to increase the levels of their school, dynamism and uncertainty in the corporate environment and outside the country. In an uncertain economy, the BMS needs effective strategies that will enable it to prosper. Traditional leadership approaches have been recognized insufficient by the rapid changes in the knowledge economy. This business need to practice systemic innovation in this fast-changing, knowledge-driven global business landscape in order to remain competitive with the available Universities and Colleges. Strategic administration is random to the span of the association, however will probably happen in a violent business environment. Item separation and cost administration were additionally straightforwardly connected to vital authority. Finally, this study affirmed that viable vital administration practices could help business associations in BMS to upgrade their execution while contending in disorderly and cracked situations. Estimation instruments have additionally been produced, which might be utilized by administrators, experts and different specialists to quantify these marvels in future. Keywords: Strategic, Thinking, Planning, Disorder, Knowledge, TRNC, Leadership
THE IMPACT OF KNOWLEDGE MANAGEMENT ON THE FUNCTION OF EMPLOYEE PERFORMANCE AP...IJMIT JOURNAL
The study aimed at identifying the impact of knowledge management on the function of employee performance appraisals (it is one of the most important functions of human resources management) in Jordanian industrial public shareholding companies, relying on the descriptive analytical approach. A questionnaire has been developed and distributed on individuals of the study sample consisting of managers of departments and sections of human resources in each company. The number of questionnaire retrieved and valid for statistical analysis (294) representing (86.5%) of the distributed questionnaires. In order to analyze the study sample, reliance was placed on descriptive statistics, represented in the
arithmetic means and standard deviations, in addition to the multiple linear regression analysis in hypothesis testing. The study reached a number of findings, most importantly, the presence of statistically significant impact at the level of (α=0.05) for the knowledge management including its dimensions (knowledge generation, knowledge storage, knowledge sharing, knowledge application) on the function of
employee performance appraisals in Jordanian industrial public shareholding companies. The study has recommended that the Jordanian industrial public shareholding companies should follow an efficient evaluationsystem capable of identifying the employees’ weaknesses
Assessment of Neural Network and Goal Programming on Cross Cultural ManagementYogeshIJTSRD
For achieving success in a global arena cross cultural training should be provided to employees to settle down between the global business environment and culture as one of the factors contributing to economic success, revenue generation, surplus booking, goodwill enhancement, market fame and many more. More the revenue, more the profit booking leads to rise company’s goodwill and builds customers faith as well as provides employee satisfaction which motivates employees to be more productive, more efficient, more energetic, more enthusiastic, and never let employees to get stressed from their work.AI ANN and goal programming is being used a method to find something fruitful to mitigate cross cultural issues in an organization. Shefali G | Dr. Rajesh Singh "Assessment of Neural Network and Goal Programming on Cross Cultural Management" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd41217.pdf Paper URL: https://www.ijtsrd.comcomputer-science/computer-network/41217/assessment-of-neural-network-and-goal-programming-on-cross-cultural-management/shefali-g
Currently, most companies or organizations can select a number of methodologies to improve their business processes, which include Six Sigma, Lean Thinking, Lean Six Sigma, Business Process Reengineering, Total Quality Management, Kaizen and Poka-Yoka. However, selecting an appropriate methodology has to be guided by the organization’s objectives. In this respect, the BPR is one of the best methodologies that can help organizations to ensure the continuity of their businesses so they will remain relevant for a long time.
Using Machine Learning embedded in Organizational Responsibility Model, added to the ten characteristics of the CIO Master and the twelve competencies of the workforce can help lead the Digital Transformation of the traditional public organizations to the Exponential.
Professor Stephen Roper . International Conference . Taiwan. Experimenting wi...enterpriseresearchcentre
Presentation by Professor Stephen Roper to International Conference - Taiwan.
Experimenting with industrial policy: The UK’s experience of industrial policy making using randomised control trials (RCTs)
Relationship between Accounting Information and Decision Making in the Sri La...inventionjournals
Accounting information is used extensively by organizations in strategic decision making. This study analyses the relationship between accounting information and strategic decision making in the Sri Lankan manufacturing sector, specifically the relationship between accounting information and manufacturing and marketing related strategic decision making of companies operating in Sri Lanka’s manufacturing sector. Sample for the study consisted of 70 public quoted manufacturing companies operating in the country. The unit of analysis for this research was at company level. Primary data for the study were collected via a questionnaire survey which was conducted with the Chief Executives Officers of the selected manufacturing organizations. The relationship between accounting information and marketing and manufacturing related strategic decision making was analysed using Pearson’s Correlation. Findings from the study indicated that accounting information has a statistically significant strong positive correlation with both marketing related strategic decision making and manufacturing related strategic decision making of companies operating in Sri Lanka’s manufacturing sector
An Objective Review Of The Organizational Behavior For The Successfulness And...journal ijrtem
Abstract : The most important items to be taken into consideration in order to create and maintain a competitive advantage for any Bank are the strategic thinking and planning as firstly, and secondly is the human resources management. Truly, the consideration of human capital is in the top list of current managerial bothers in the Banks in all over the world. In spite of the concern of industries with human resources, the strategic thinking is considered as a glaringly separated from the function. This separation is apparent in two levels as firstly, nowadays leaders are failing in completely considering strategic thinking effectiveness when they are planning for long term process. In real case, all administrators avow the importance of strategic thinking in any implementation process in strategic plans. Where, the triumphant framework seeks to take strategic thinking into considerations during the strategic formulation process for its importance in each plan. The consideration of the strategic thinking as strengths and weaknesses is mostly examined as enabling this function which is the responsible for the implementation process of the plan, while it is ignored within the initial plan stages. In this paper, a survey is conducted in two banks in Jordan as a special case of study in order to detect the role of strategic thinking and planning on the performance of the banks. Keywords: Strategic Thinking, Cairo-Amman Bank, Strategic Planning, Organizational Behavior
Knowledge Management: A Literature ReviewOlivia Moran
Is technology the key critical factor, which determines the success or failure of a
Knowledge Management (KM) implementation initiative? Are there other factors,
which contribute to its success or failure?
KM is concerned with sharing and managing information. People need to be seen as
the primary key to its success, as they play a very crucial role. People hold substantial
amounts of information and they need to be encouraged to share it. Technology is
available to support knowledge sharing, but this does not mean that people will
automatically give it up.
This paper examines the human element of knowledge management
Factors influencing the effectiveness of internal audit on organizational per...IJAEMSJORNAL
The purpose of this study is to investigate the factors influencing internal auditing and its relationship with organizational performance. Multiple regressions were utilized to evaluate the scale of the influence of the four independent variables identified in the conceptual framework on organizational performance. The sample of this research was taken by random sampling method. The data were obtained by questionnaire. All variables were measured by using 5 point Likert scale. The result showed that the There are a significant relationship between competence of Internal Audit department, size of Internal Audit department, management support for internal audit Independence of internal audit and organizational performance. The limitation of this study is very small number of populations; therefore the findings will be difficult to be generalized to examine factors influencing the internal audit effectiveness. Future research should consider larger number of the population also including more internal auditing factors to measure the organizational performance.
Development and Validation of a Scale for Measuring Internal Auditing Effecti...IJAEMSJORNAL
The purpose of the current study is to develop and validate a multidimensional scale for
measuring internal auditing effectiveness (IAE) in Tunisia. The authors’ methodological approach is based
on both qualitative and quantitative methodologies. The qualitative technique was used to generate scale
items to measure IAE and the quantitative technique was utilised to test and validate the scale. The sample
includes 148 chief internal auditors from Tunisian companies. Data were divided in half. First half was
utilised for exploratory factor analysis (EFA) and the second half of the data were utilised to run
confirmatory factor analysis (CFA). The study found that IAE is a three-dimensional construct (internal
audit process, output of internal audit and impact of internal audit) which is consisted of 16 items. This
reliable and valid scale offers a practical instrument to measure IAE that very interesting to managers and
external auditors.
The Effect of Working Experience, Integrity, Competence, and Organizational C...iosrjce
External There search objectives are to seek empirical evidence about the influence of personal
characteristics of the auditor to the audit quality. The population in this study is the auditor who worked on
owned companies in Libya. The data used in this research is the primary data. For the analysis used validity
and reliability test as instrument test. This research used regression analysis and for hypothesis test used F test
and t test. From the result of the research showed that work experience, integrity, competence and commitment
to organizational has significant influence to audit quality. Work experience has the biggest value of arithmetic
and beta coefficient. Hence, the Integrity variable has the strongest influence instead of another variables so
that variable Work experience has a dominant influence toward quality of audit results.
Explanatory Note for the Internal Control and Risk Management Project of the ...OECD Governance
In the framework of a new project entitled “the corruption risk mapping for effective integrity reforms in MENA countries” and supported financially by the US grant, the MENA-OECD Governance Programme will conduct a regional analysis that focuses on the internal control systems and processes in the MENA region.
The effect of risk based audit approach on the implementation of internal co...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Many internal audit departments are investing in data analytics, but are struggling to fully realize the anticipated benefits. By avoiding common pitfalls and implementing data analytics holistically throughout the department, stalled analytics programs can be restarted, or new programs more successfully implemented.
Corporate Governance is defined as the set of processes, rules and laws that have been put in place in businesses to assist in the operations, in regulating, and affect the way businesses are directed in order to enhance accountability. The management is responsible to promote good corporate governance by setting structures that are beneficial to all the stakeholders, (management, shareholders, employees, customers, suppliers and the government among others). The internal audit department has a role to play in assisting the board of governors in promoting corporate governance. The board of governors together with the risk management committee should monitor and frequently review the effectiveness of the internal audit function as regards to corporate governance (KPMG, 2003). They should ensure that the internal audit department is well resourced and has a high level of independence. There should be quick responses to the internal audit recommendations.
The Role of External Auditing in Reducing Creative Accounting PracticesIJAEMSJORNAL
Concerning the auditor's independence, the ongoing debate in the literature is about how to balance the obligations and requirements faced by the auditor in the course of his audit duties with the related provision in place that authorizes additional non-audit services to be provided to the audited clients. Facing the audit profession today, ethical violations that have reduced the audit results in the aftermath of recent financial scandals, where it has already been proven that the world's leading auditing firms were involved in the financial corruption scandals, are the primary challenges auditors will face. The current study aimed to examine external auditingas a determining factor in influencing creative cost accounting. For this reason, the researchers used three different dimensions of external auditing to enable the study to measure creative cost accounting, first type of external auditing was general standard, second type of external auditing was fieldwork standard, third type of external auditing was reporting standard. The study consists of three independent variables (general standard, fieldwork standard, and reporting standard) and creative cost accounting as dependent variable. The present research applied quantitative research method via adapting questionnaire from academic sources. A random sampling technique was used, where all participants had equal chances of being selected for the sample. The researchers distributed 130 questionnaires, only 125 questionnaires were received and from 125 questionnaires only 117 questionnaires were completed properly. The findings showed that general standard has significant positive influence on creative cost accounting at 5% level. The results show that fieldwork standard has significant positive influence on creative cost accounting at 5% level. The results show that reporting standard has significant positive influence on creative cost accounting at 5% level. Moreover, all beta value is higher than .001. All models have very high adjusted R2 (.711, .671, .736, .644, and .723 respectively) indicating the ability of the models explaining the variation of creative cost accounting due to variation of independent variables is very high. The F-value shows that the explanatory variables are jointly statistically significant in the model and the Durbin-Watson (DW) statistics reveals that there is autocorrelation in the models.
Effect of Corporate Governance on Profitability of Quoted Manufacturing Compa...YogeshIJTSRD
The study determined the extent corporate governance affect profitability of quoted manufacturing companies in Nigeria using board size, board independence, directors’ shares and profit margin of quoted manufacturing companies in Nigeria. Only secondary data was used for the successful execution of this research work. Three hypotheses were formulated for this study while data extracted through the financial statement was tested with the Regression statistical tool using the E view 9. The outcome of the analyses carried out showed that board size has negative but significant effect on net profit margin of manufacturing companies quoted on the Nigeria Stock Exchange. It is therefore recommended that board size should be relative to the firm’s business need, scope and complexity. Since no two firms are exactly alike in all ramifications, it is important that an appropriate size be understood to be a function of each firm’s circumstances. Setting arbitrary board size benchmarks will therefore be counterproductive. Okoye, Pius V. C. | Ugwu, Scholastica C. "Effect of Corporate Governance on Profitability of Quoted Manufacturing Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44953.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44953/effect-of-corporate-governance-on-profitability-of-quoted-manufacturing-companies-in-nigeria/okoye-pius-v-c
Effect of Audit Quality on the Financial Performance of Deposit Money Banks i...ijtsrd
This study investigated the effect of audit quality on the financial performance of deposit money banks in Nigeria. The Ex-post Facto research design was adopted. The Judgmental sampling was adopted to selected 14 from the 22 listed Deposit Money Banks on the Nigerian Stock Exchange. The data collected from annual reports and accounts of deposit money banks were analyzed using the simple regression and correlation analyses. Findings f revealed that Audit Committee Size ACSIZ has a positive but insignificant effect on the financial performance of deposit money banks in Nigeria. Audit Committee Independence ACIND and Audit Committee Meetings ACM both have a negative and insignificant effect on the financial performance of quoted deposit money banks in Nigeria while Auditors Size BIG4A has a positive and statistically significant effect on the financial performance of quoted banks in Nigeria. Based on this, the study recommended among others that the management of the deposit money banks in Nigeria should employ the services of one of the big audit firms and where this is not possible, go for an audit firm whose character and integrity is beyond question. Muotolu, Peace Chikwemma | E. O. Nwadialor "Effect of Audit Quality on the Financial Performance of Deposit Money Banks in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-2 , February 2019, URL: https://www.ijtsrd.com/papers/ijtsrd21557.pdf
Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/21557/effect-of-audit-quality-on-the-financial-performance-of-deposit-money-banks-in-nigeria/muotolu-peace-chikwemma
Effects of Internal Control on the Financial Performance of Processing Firms ...paperpublications3
Abstract: Internal control is a system structured within the corporation whose goal is to raise efficiency and effectiveness of activities. The main objective of the study was to establish effects of internal control systems on the financial performance of Menengai Oil Company, Kenya. The specific objectives of the study were to determine the effect of control environment on the financial performance of Menengai Company, determine the influence of risk assessment on the financial performance of Menengai Company and to establish the influence of information systems on financial performance of Menengai Company. The study adopted a survey research design. A census of 189 respondents was used in the study. The data collected were first be tabulated, then analyzed by use of descriptive statistics and inferential statistics. The results were presented in charts, tables and graphs. ANOVA tests confirmed that control environment, risk assessment and information have a significant influence on the financial performance of Menengai Company. This study will shed light on the various internal control activities which can be put in place by the management of Menengai Company.
Keywords: Internal Control, Control environment, Risk Assessment, Information Systems, Menengai Oil Company.
Title: Effects of Internal Control on the Financial Performance of Processing Firms in Kenya: A Case of Menengai Company
Author: Janet Cheptoo Bett, Dr. Florence Sigara Memba
ISSN 2349-7807
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Paper Publications
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2. 16 Loide Namadhila Malakia and Nikodemus Angula
and otherwise changing the internal audit model. Over
several past years, there has been a significant pressure
for improved governance of the organizations, which was
caused by accounting scandals, corporate disasters of cred-
ibility, loss of business partners, loss of customers, loss of
careers and many other negative impacts on the activities
of organizations. It is obvious that none of the organi-
zations can afford the cost of governance failures. It is
obvious that in current days and circumstances it is not suf-
ficient to establish a formal corporate governance process
within an organization. It is extremely important to ensure
the efficiency of this process.
Notwithstanding the growing attention in internal
audit, scholars remain to cry scant literature on the topic
and Namibia in not spared from the same challenges
(Economy Watch Namibia, 2017). While there are volumes
of literature on internal audit, most of the literature focuses
on the internal auditors’ independence, and their objec-
tives, without paying attention to what could possibly be
effective contributing elements, using the auditors’ percep-
tions. However, there continuing concern and mistrust in
our internal audit that seems to be apparent motivated this
investigation seeks to investigate the critical success factors
that could improve internal auditing in the public organi-
zations, particularly at the Office of the Audit General, in
Namibia.
2 Statement of the Problem
According to the ReSEP (2017), internal audit is funda-
mental to the effective management of the firms and
transparencies. Nevertheless, there is a growing attention
in internal audit, aiming to explore internal audit func-
tions, and their independency. According to the Ministry of
Finance, 2016, Namibian public organization have received
public critics, owing to non-transparency, untruthfulness
and misuses. The independent of internal auditing with
their functions and objectivity, in consultation for value
addition, organizational processes against their effec-
tiveness is vital (Aksoy & Kahyaoglu, 2013:71). However,
challenges facing the public organizations funds is coupled
with lack of qualified auditors, and management support
which motivated the investigation to explore the possible
success factors that could influence the quality of auditing
in Namibian public organisations. While there are a vol-
ume of literatures on internal audit, most of the literature
focus on the internal auditors’ independence, and their
challenges, without paying attention to what could possi-
bly be the success elements that could possibly contribute
to effective internal auditing using the auditors’ percep-
tions. Thus, this study seeks to explore critical success
factors that influence internal auditing in the public orga-
nizations, particularly at the Office of the Audit General.
3 Aims and Objective of the Study
The aim of the study was to explore the critical success fac-
tors contributing to effective internal auditing at the Office
of the Audit General.
The objectives of this study were to:
• Explore the critical factors contributing to effective
internal auditing at the Office of the Auditor-General
• Explore the strategies adopted by management to
support internal auditing at the Office of the Auditor-
General
4 Methodology
Case study design approach formed the basis of this
research. A case study method used as it allows an
exploration of the documentary materials, in a way that
acknowledges the value of evidence and the worth of sub-
jectivity. In this study, there was a need to explore the
strategies adopted by the management of the Office of the
Auditor-General in department of auditing. The method
offered an opportunity to gain an understanding of the
auditing practical aspects and provide detailed informa-
tion on the success factors that influence effective audit-
ing, through a systematic approach. Result were collected
through a descriptive statistics to give a pictorial view and
facilitate the analysis.
Case study analysis was used as means for data collec-
tion from the Office of the Audit General. This is because
the case study analysis was regarded as one of the suitable
sources for qualitative studies, and enables the study to
obtain detailed and depth information on the subject under
investigation. Additionally, the researcher has also used
semi-structured interview for the questionnaire to collect
data from the participant in the Office of the Auditor Gen-
eral as large amounts of information was collected from a
larger amount of people in a short period.
For qualitative analysis, content analysis used to analyze
and summarize successful factors that influence internal
auditing at the Office of the Auditor-General. According
to Durrheim & Kelly (1999, p. 139) data analysis in qual-
itative research concerns sifting, labeling, ordering, and
reducing of generated data to organise it for presentation
and interpretation. In this study, data analyses were done
simultaneously with data collection. Therefore, Microsoft
word DocTool plug was been used as a tool to organize
and categories data into themes for analysis.
5 Literature Review
This discussion related literature on factors contributing
to the success of the Office of the Auditor General as
3. Critical Success Factors for Effective Internal Auditing: A Case of the Office of Auditor General 17
presented by various authors and provided the theories
underpinning the study.
5.1 Resource-based View Theory
Dwivedi (2005) defines internal audit as a process of
financial review to ensure and encourage effective finan-
cial management and to detect possible discretionary in
the government spending, so to account public monies
which is meant to achieving certain politic and economic
objectives.
The resource-based view (RBV) of Wernerfelt (1984),
suggest that competitiveness is achieved through a creative
and delivering a higher-ranking value to customers. The
theory central premise is that firms rival on the premise
of their resources and capabilities. Resource based theory
asserts that organizations hold resources which empower
them to attain competitive advantage and lead to supe-
rior and sustainable performance. Competitive advantage
can only be achieved when company possess valuable and
inimitable resources. Such advantage can be upheld over
a period of time such the company is able to shield itself
against resource shortages, transfer or substitution (Boxall,
2009).
Resource-based view emphasizes that the origin of
firm’s competitive advantage lies in its inner resources,
and not necessarily it’s positioning in the external envi-
ronment. A firm attains competitive advantage through
its unique resources and capabilities in addition to scan-
ning its external environment for opportunities and threats
(Grant, 2011). Adequate finance and competent employees
is significant when managing strategy in a dynamic busi-
ness environment (Wade & Hulland, 2009). An entity that
possesses sufficient resources tends to have more influence
on value addition of their products. This theory explains
how resources at a firm’s disposal are critical when imple-
menting strategies.
Kim (2010) suggests that there is much needed pub-
lic finance management control system amongst the state
organization and government agencies. Hence, the inter-
nal audit committee should be provided with a sup-
porting environment and setting and allow them to
react candidly, and freely elaborate on issues, as they
learn from each other’s in their engagements indepen-
dently. There is a growing demand for quality auditing
to ensure good governance and groundbreaking explana-
tions, aiming to achieve the most desired public sastain-
ability at both regional and national level. New notions
on improved methods on public sector decisions and alo-
cation of rare serources, contrast the plea for absolute
transformation with the passion of incremental approach
of mini changes, Hoffman (2011). In finding answers that
simplifies and safeguards audit success as an interfer-
ence approaches in public financial management in state
organizations.
5.2 Stakeholder Theory
Donaldson 1995 developed this theory; it is a theory that
guides organization management by addressing ethical
practices when conducting business. The stakeholder the-
ory assumes that ethics are a significant part of doing
business. The theory poses two questions. First, what is the
mission of the company and secondly, what responsibil-
ity do managers have to stakeholders? The first question
informs managers on the need to inculcate a common
sense of value and insights on stakeholder interests. On the
other hand, the second question propels managers to artic-
ulate how they will conduct business with key focus on
the relationship they need to create with their stakehold-
ers to successful achieve their desired objectives (Freeman,
Wicks, et al., 2004). Managers therefore have a role to play
in developing relationship that inspire their stakeholders
to give their best to deliver desired performance. The the-
ory provide insights and understanding of the nature of
interaction between an entity and its stakeholders (Mansell
2013). It recommends the attitudes, structures and practices
as well as paying attention to stakeholder’s interest to meet
the organizations objectives.
Blattberg (2004), criticizes the stakeholder theory
assumption that the varying stakeholder demands can be
easily balanced against each other. Managers must imple-
ment organization strategies through processes that not
only satisfy shareholder’s interest but also those of other
groups such as employees, suppliers, and customers, etc
who also form part of the project cycle. Performing a
stakeholder mapping will enable managers identify their
different stakeholders and their needs and integrate these
knowledge into the project for sustained growth. A stake-
holder approach highlights the importance of continuous
management of the business environment, relationships
and encourages shared interests (Scott 2011). Stakeholder
participation in a company’s success can guarantee supe-
rior performance.
6 Features of the Analysis
The investigation of the findings was done with data col-
lection concurrently. The analysis of the questionnaires was
completed following the collection of data received from
the participants to gain an understanding of the findings
obtained by means of semi-structured interview questions.
The questionnaires scrutiny as received, and the list of top-
ics and clustered similar topics and isolated the themes that
presented some dissimilarities were isolated from these
that were opposing to the emerging themes. The inappro-
priate figures to the research topic was excluded and kept
applicable findings.
The themes were allocated different grouping and coded
into classes. The exercise was functional to equally close
ended and open ended questions. All resources fitting to
4. 18 Loide Namadhila Malakia and Nikodemus Angula
each class of data was gathered and a preliminary find-
ing investigation was thus completed. The total response
of participants exposed that most of the participants have
good knowledge of internal auditing.
6.1 Discussions of Results
The results of the research were done with data collec-
tion. The questionnaires were completed and data obtained
by mean of semi-structured interview question through
google form and answers recorded after each participant.
The data collection from the Office of Auditor General
took the researcher 17 days. The majority of the partic-
ipants were from the age of 45–54, meaning the middle
group is dominating the management at the Office of Audi-
tor General. The Gender representations suggest that 65%
are female while the remaining 35% are male; this means
the previously disadvantaged gender group is leading the
Office of Auditor General.
Furthermore, the results also show that 50% of the par-
ticipants of management are well experienced with 6–10
years of experience. The results on qualification suggested
that 50% of the participants have the degree qualification,
which shows that the management are well educated staffs
and competent staff members for the function of internal
auditing.
The research findings show that the critical successful
factor to effectiveness of internal auditing is management
support. The management supports are positively cru-
cial to the internal auditing effectiveness at the Office
of the Auditor General, in terms of providing resources
and enough facilities, giving training, introducing new
technology and encourage motivates the internal audit-
ing staff members to do best of their abilities. These
results were consistent with the work of (Freeman et al.,
2004). The author point out that managers therefore have
a role to play in developing relationship that inspire
their stakeholders to give their best to deliver desired
performance.The study also shows that the Management
strategies is also contributing factor to the organizational
achievement, through its unique resources, such as enough
financing and competent employees. These results were
reliable with the previous auditing research works of
(Wade & Hulland, 2009). According to the author adequate
finance and competent employees is significant when man-
aging strategy in a dynamic business environment.
The main objective of this research was to explore the
critical factors contributing to effective internal auditing
and to explore the strategies adopted by management to
support internal auditing at the Office of the Auditor-
General. One of the challenges faced during the study was
time factor. The participants at the Office of the auditor
general were unfamiliar with the google question form.
It took them time to respond to the questions. I would
recommend that time allocated for technology training and
hopefully the research in future will yield results that are
more significant. Results may be used to provide informa-
tion to the organization for future improvement.
A highly recommendation on the study that could be the
area of future study would be the use of Information Com-
munication Technology (ICT) to advanced and enhance the
value of the organization.
7 Conclusion
Internal audit function is a significant element of inter-
nal control of any organization. Therefore its effective-
ness renders the internal control of organization effective.
Due to the important part it plays for the overall man-
agement system internal audit is the enormous tool to
ensure good corporate governance. Contributing factors
to effective internal auditing such as experiences of man-
agement, qualification, accountability and transparency,
ethical reporting system and reporting system and last but
not least management strategies for internal audit have a
positive symbol on the effectiveness of internal control. An
internal audit contributes (indirectly) in the achievement
of organization objectives and can improve organization’s
efficiency. During the interviews, several remarks were
made about the conditions that need to be met in order to
make internal auditing successful.
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