Corporate governance and internal controls: a case study from Greece

Journal of Governance and Regulation

关键词: Corporate Governance;    Internal Controls;    Management;    COSO Model;    Greek Listed Enterprises;   

DOI  :  10.22495/jgr_v7_i2_p8

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

The objective of this paper is twofold. Firstly, it portrays and evaluates the existing corporate governance structure and secondly, highlights its connection with internal audit function and management practices. It is adopted a descriptive research analysis using the quantitative approach on a sample of listed companies in Athens Stock Exchange for the year 2016. Our methodological research instrument is based on COSO (2013) Internal Control - Integrated Framework. The paper concludes that corporate governance is driven to managerial excellence and effective governance because of internal audit processes, risk assessment, control activities, information and communication, and monitoring activities. The research contributes to the corporate governance literature by providing valuable insights into the major aspects of a well-functioning internal control system and its relevance to management performance. Proposed areas for future research directions should be discussed.

【 授权许可】

CC BY-NC