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The Role of Internal Audit in Corporate Governance to Substantiate the Decision

Author

Listed:
  • Boghean Florin

    (“Stefan cel Mare†University of Suceava)

  • Cibotariu Irina-Stefana

    (“Stefan cel Mare†University of Suceava)

Abstract

Apart from the available research in the field, which is mainly based on quantitative data, the present study uses a wide range of qualitative data in order to detect certain more profound attitudes in the relationship between internal auditing and stakeholders. Investors may wish to provide assurance about the objectives and consultancy on risks and supervision. The success of efficient and effective functioning of corporate governance mechanisms requires integrity, ethical values and professional skills in the active participation of professionals. The research is focused on the relationship between business decision-making and governance. The issues upon which the research is focused relate to the degree of involvement of various stakeholders in corporate governance, especially risk management and internal audit.

Suggested Citation

  • Boghean Florin & Cibotariu Irina-Stefana, 2018. "The Role of Internal Audit in Corporate Governance to Substantiate the Decision," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 561-565, December.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:2:p:561-565
    as

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    References listed on IDEAS

    as
    1. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    2. Florin BOGHEAN, 2016. "Indicators That Can Be Used To Measure Performance In The Internal Auditing Activities," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 16(Special), pages 112-117, July.
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    More about this item

    Keywords

    internal audit; corporate governance; risk management; internal supervision;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G40 - Financial Economics - - Behavioral Finance - - - General

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