ABSTRACT
The basic concern for conducting
this project was to evaluate the internal control measures and corporate
governance of firms in Nigeria. Survey of selected manufacturing companies in
Rivers State. The problems that hinder internal control system and corporate
governance are errors, wastage, theft and fraud and to prevent this internal
control system and corporate governance must be effectively implemented to
prevent and possibly ensure early detection of irregularities that may be
costly to the organization. The main objective of the study is to evaluate the
internal control measures and corporate governance of firms in Nigeria and the
specific objective is to determine the effect of internal control system on
performance of firms in Nigeria. Data was collected from primary source with a
well structured questionnaire and the method of data analysis used for the
research is simple regression. The findings of the research work shows that
there is significant effect of internal control measures on management
performance of firms in Nigeria. And that cost reduction techniques have significant
impact on the financial performance of firms in Nigeria. From the findings of
the data analysis, the researcher concluded that evaluation of internal control
measures and corporate governance of firms in Nigeria is very important for
management performance. The researcher also concludes that there is significant
effect of internal control measures on management performance of firms in
Nigeria. And that cost reduction techniques have significance impact on
corporate governance of firms in Nigeria. And hereby that recommended that
Managers should employ internal control measures for effective running of their
organization as it has been approved that cost reduction technique has significant
impact on the financial performance of firms in Nigeria.
EMETU, E (2021). Evaluation Of Internal Control Measures And Corporate Governance Of Firms In Nigeria: A Survey Of Selected Manufacturing Companies In Rivers State. Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-and-corporate-governance-of-firms-in-nigeria-a-survey-of-selected-manufacturing-companies-in-rivers-state-7-2
EBIN, EMETU. "Evaluation Of Internal Control Measures And Corporate Governance Of Firms In Nigeria: A Survey Of Selected Manufacturing Companies In Rivers State" Mouau.afribary.org. Mouau.afribary.org, 28 Jul. 2021, https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-and-corporate-governance-of-firms-in-nigeria-a-survey-of-selected-manufacturing-companies-in-rivers-state-7-2. Accessed 02 Nov. 2024.
EBIN, EMETU. "Evaluation Of Internal Control Measures And Corporate Governance Of Firms In Nigeria: A Survey Of Selected Manufacturing Companies In Rivers State". Mouau.afribary.org, Mouau.afribary.org, 28 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-and-corporate-governance-of-firms-in-nigeria-a-survey-of-selected-manufacturing-companies-in-rivers-state-7-2 >.
EBIN, EMETU. "Evaluation Of Internal Control Measures And Corporate Governance Of Firms In Nigeria: A Survey Of Selected Manufacturing Companies In Rivers State" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-and-corporate-governance-of-firms-in-nigeria-a-survey-of-selected-manufacturing-companies-in-rivers-state-7-2