Factors impact on the effectiveness of internal control systems in credit facilities in Vietnam commercial banks
The study aims to analyse factors that affect the effectiveness of internal control systems in credit facilities in Vietnam commercial banks and we suggest some solutions to improve the effectiveness of internal control systems. The study used the theories and integrated framework by COSO (2013) and...
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| Format: | Article |
| Language: | Vietnamese |
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TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH
2020-06-01
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| Series: | Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh |
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| Online Access: | https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/522 |
| Summary: | The study aims to analyse factors that affect the effectiveness of internal control systems in credit facilities in Vietnam commercial banks and we suggest some solutions to improve the effectiveness of internal control systems. The study used the theories and integrated framework by COSO (2013) and it was carried out for collecting data from 250 managers and employees of 26 commercial banks in Vietnam in 2017. Using exploratory factor analysis (EFA), factor analysis in SPSS Statistics 20.0, forecasting models by OLS method, the findings showed that the degree and bias of each factor affect the effectiveness of internal control systems. The factors of risk assessment, control activities, information and communication, and the control environment will all work to the degree of effectiveness of internal control systems in Vietnam. |
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| ISSN: | 2734-9306 2734-9578 |