Post by Corporate Board Role, Duties and Composition

«𝙀𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙣𝙜 𝙩𝙝𝙚 𝙚𝙛𝙛𝙚𝙘𝙩𝙞𝙫𝙚𝙣𝙚𝙨𝙨 𝙤𝙛 𝙞𝙣𝙩𝙚𝙧𝙣𝙖𝙡 𝙘𝙤𝙣𝙩𝙧𝙤𝙡 𝙨𝙮𝙨𝙩𝙚𝙢𝙨: 𝙀𝙫𝙞𝙙𝙚𝙣𝙘𝙚 𝙛𝙧𝙤𝙢 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙖𝙣𝙙 𝙖𝙪𝙙𝙞𝙩 𝙥𝙚𝙧𝙛𝙤𝙧𝙢𝙖𝙣𝙘𝙚 𝙙𝙖𝙩𝙖» 📃 #Internalcontrolsystems are fundamental to effective #corporategovernance, #financialclarity, and #operationalintegrity. This study examines the efficacy of internal control guidelines across a group of companies by combining a theoretical framework with quantitative analysis informed by financial and operational data. The findings align with prior research showing that #internalcontrol weaknesses are significantly associated with restatements and lower-quality #reporting, while also supporting evidence that #effectivecontrols can reduce #auditcosts over time. The results indicate that effectively structured and regularly enforced internal control systems are associated with improved #operationalefficiency, stronger #financialreporting, and fewer discrepancies. The study also considers the potential effects of control strength on #stockperformance and #investorconfidence. ⬇️ You are welcome to browse the results below. 📩 The full paper is also 𝙵𝚁𝙴𝙴 for reading and downloading on our website: https://lnkd.in/ekqB4iCx Nikolaos D. Belesis (PhD, CPA, ACA), Christos Kampouris, Dr. Andreas Fousteris, ACCA, Dimitris Varouxis, Gianmarco Funaro, Nicola Capurso, Huu Cuong Nguyen, Victor B., Edidiong Bassey, Ph.D, FCTI, ACA, ADIT, Caglar Kaya, Joel Dash, M.B.A., C.P.A., Esq., Azhaar LAJMI, John L. Campbell, Dr Igbekele Osinubi, Associate Professor. Yasean tahat, Ane Elixabete Ripoll-Zarraga (Industrial PhD), Tony Abdoush, PhD _____ To submit the original manuscript to the 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘉𝘰𝘢𝘳𝘥: 𝘙𝘰𝘭𝘦, 𝘋𝘶𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘊𝘰𝘮𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯, contact the managing editor of the journal at [email protected]