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
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...
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
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