INTERNAL CONTROL SYSTEMS AND CORPORATE SURVIVAL IN THE NIGERIAN BANKING INDUSTRY
INTERNAL CONTROL SYSTEMS AND CORPORATE SURVIVAL IN THE NIGERIAN BANKING INDUSTRY
| dc.contributor.author | KABIR, TAHIR HAMID | |
| dc.date.accessioned | 2014-03-11T10:09:08Z | |
| dc.date.available | 2014-03-11T10:09:08Z | |
| dc.date.issued | 2004-06 | |
| dc.description | BEING A THESIS SUBMITTED TO THE POST GRADUATE SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA, IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTER OF SCIENCE (M.Sc.) DEGREE IN ACCOUNTING AND FINANCE. DEPARTMENT OF ACCOUNTING AHMADU BELLO UNIVERSITY, ZARIA. JUNE 2004 | en_US |
| dc.description.abstract | This research thesis investigates the problem of corporate failures as a result of weak internal controls system, which brings about distressness, collapse and withdrawal of licences of banks by regulatory authorities in Nigeria, thereby bringing untold hardship to all stakeholders. The researcher used a sample of seven banks, systematically selected from a population of twenty-eight banks whose shares were traded on the floor of the Nigerian Stock exchange as at 22nd August 2003. Questionnaires were administered on 420 respondents, 60 from each of the seven banks, made-up of 20 from the management staff, 20 from audit staff and 20 from operation/banking staff. Out of this number, only 303 questionnaires were completed and returned. The primary data collected through the administration of questionnaires was analyzed using simple percentages and chisquare test (x2), while the secondary data collected from the annual report and accounts of some of the sample banks was analyzed using spearman rank order correlation and t statistics. Thus it was found that effectiveness or otherwise of internal control system can make or mar corporate survival of banks in Nigeria. The research work concluded that internal control system is the responsibility of every body in an organization and as such every staff must be aware of his role in its process and fully engaged in it. Finally it recommends that banks managements must put in place a sound approach to the selection of appropriate internal control practices and procedures, governed by a process of risk analysis and continuously monitor the overall effectiveness | en_US |
| dc.identifier.uri | http://hdl.handle.net/123456789/3704 | |
| dc.language.iso | en | en_US |
| dc.subject | INTERNAL, | en_US |
| dc.subject | CONTROL, | en_US |
| dc.subject | SYSTEMS, | en_US |
| dc.subject | CORPORATE, | en_US |
| dc.subject | SURVIVAL, | en_US |
| dc.subject | NIGERIAN BANKING INDUSTRY | en_US |
| dc.title | INTERNAL CONTROL SYSTEMS AND CORPORATE SURVIVAL IN THE NIGERIAN BANKING INDUSTRY | en_US |
| dc.type | Thesis | en_US |