publication . Article . Other literature type . 2017

The empirical relationship between the managerial conduct and internal control activities in South African small, medium and micro enterprises

Jacolize Meiring; Juan-Pierré Bruwer; Philna Coetzee;
Open Access English
  • Published: 07 Jul 2017
  • Publisher: University of Pretoria
Abstract
Background:  Although South African small, medium and micro enterprises (SMMEs) play an imperative role in the stimulation of the national economy, previous research studies show that these business entities have severe sustainability problems as approximately 75% of them fail after being in operation for only 3 years. The latter dispensation is pinned on the belief that South African SMMEs make use of inadequate and ineffective internal control systems. Aim:  Since a system of internal control comprises five inter-related elements, while also taking into consideration that management is ultimately responsible for the internal control in their respective busines...
Subjects
Medical Subject Headings: education
free text keywords: managerial conduct, internal control, internal control activities, South Africa, SMMEs, Management. Industrial management, HD28-70, Business, HF5001-6182, Economics as a science, HB71-74, General Business, Management and Accounting, General Economics, Econometrics and Finance, Control environment, Empirical relationship, Accounting, business.industry, Sustainability, National economy, Descriptive statistics, Research studies
58 references, page 1 of 4

Aicher, T.J., Paule-Koba, A.L. & Newland, B.L., 2016, Sport facility and event management, Jones & Bartlet, Burlington, MA.

Beer, L.A., 2010, A strategic and tactical approach to global business ethics , Business Expert Press, New York.

Berry, T.C. & Junkus, J.C., 2013, 'Socially responsible investing: An investor perspective', Journal of Business Ethics 112(4), 707-720. htps://doi.org/10.1007/s10551-012- 1567-0

Bonanomi, A., Ruscone, M.N. & Osmeti, S.A., 2013, 'The Polychoric Ordinal Alpha, measuring the reliability of a set of polytomous ordinal items', paper presented at the SIS 2013 Conference: Advances in latent variables: Methods, models and applications, Brescia, Italy, 19-21 June, 6 pp.

Brink, A., Cant, M. & Ligthelm, A., 2003, 'Problems experienced by small business in South Africa', paper presented at the 16th Annual Conference of the Small Enterprise Association Australia and New Zealand (SEAANZ), Ballarat, Victoria, Australia, 28 September-01 October.

Bruwer, J-P., 2016, 'The relationship(s) between the managerial conduct and the internal control activities of South African fast moving consumer goods small, medium and micro enterprises', Unpublished DTech: Internal Auditing thesis, Cape Peninsula University of Technology, Cape Town, South Africa.

Bruwer, J-P. & Van Den Berg, A., 2015, 'The influence of the control environment on the sustainability of fast food micro and very small enterprises operating in the Northern suburbs', Journal of Leadership and Management Studies 2(1), 50-63.

Buhr, N. & Gray, R., 2012, 'Environmental management, measurement, and accounting: Information for decision and control?', in P. Bansal & A.J. Hofman (eds.), The Oxford handbook of business and the natural environment, pp. 425-443, Oxford University Press, Oxford.

Cant, M.C. & Wiid, J.A., 2013, 'Establishing the challenges aefcting South African SMEs', International Business & Economics Research Journal 12(6), 707-716. htps://doi.org/10.19030/iber.v12i6.7869 [OpenAIRE]

Christ, M., Sedatole, L. & Towry, K., 2010, 'Framing sticks and carrots: The eefct of formal control framing on trust and trusting behaviour', Accounting Review 87(6), 1913-1938. htps://doi.org/10.2308/accr-50219

Christ, M.H., Emet, S.A., Summers, S.L. & Wood, D.A., 2012, 'The eefcts of preventive and detective controls on employee performance and motivation', Contemporary Accounting Research 29(2), 432-452. htps://doi.org/10.1111/j.1911-3846. 2011.01106.x

Conserve, K. & Kociolek, K., 2015, 'GAO issues revision of internal control standards', International Journal of Government Auditing 42(2), 16-17.

COSO, 2013, Internal control - Integrated framework: Executive summary , viewed 17 April 2015, from htps://na.theiia.org/standards-guidance/topics/Documents/ Executive_Summary.pdf

D'Aquila, J.M., 1998, 'Is the control environment related to financial reporting decisions?', Managerial Auditing Journal 13(8), 472-478. htps://doi.org/ 10.1108/02686909810236334 [OpenAIRE]

Davis, R.E., 2009, Ensuring information assets protection , Lulu Press, Raleigh, NC.

58 references, page 1 of 4
Any information missing or wrong?Report an Issue