Impact of internal control on the performance of non-financial listed firms in an emerging country

Thi Que Nguyen, Thi Thuy Trang Pham, M. Tran, Van Hieu Pham, Thuy Linh Nguyen
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引用次数: 2

Abstract

Internal controls play an important role in any firm since they help achieve both financial and non-financial performance. Internal controls are designed to minimize risks, protect assets, ensure reliable financial reporting, increase performance, and facilitate compliance (Bashaija, 2022). This study is conducted to investigate the impact level of internal control on the performance of non-financial firms listed on the Vietnam Stock Exchange. Data were collected through a survey questionnaire with 506 survey questionnaires from listed non-financial firms. Quantitative research methods are applied to evaluate the impact of internal control on performance. The results show that internal control including five components has a significant impact on financial performance, and components of the control environment, risk assessment, control activities, and communications have direct positive effects on non-financial performance. Monitoring activities have no impact on non-financial metrics. Besides, the study also shows that non-financial indicators directly influence the financial indicators of listed non-financial firms. Based on the findings, some recommendations are proposed for enhancing the performance of non-financial listed firms.
内部控制对新兴国家非金融类上市公司绩效的影响
内部控制在任何公司都扮演着重要的角色,因为它们有助于实现财务和非财务绩效。内部控制旨在最大限度地降低风险,保护资产,确保可靠的财务报告,提高绩效,并促进合规(Bashaija, 2022)。本研究旨在探讨内部控制对在越南证券交易所上市的非金融公司绩效的影响程度。通过问卷调查的方式收集数据,对非金融上市公司进行了506份问卷调查。运用定量研究方法评价内部控制对绩效的影响。研究结果表明,内部控制包括五个组成部分对财务绩效有显著影响,控制环境、风险评估、控制活动和沟通四个组成部分对非财务绩效有直接的正向影响。监测活动对非财务指标没有影响。此外,研究还表明,非财务指标直接影响非金融上市公司的财务指标。在此基础上,提出了提高非金融类上市公司绩效的建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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