A clustering and visualisation approach to the analysis of internal control structures
The purpose of this study is to use a visual clustering approach (the self-organising map) to analyse differences in companies' internal control (IC) structures, based upon the five components of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework. The empirical data were collected through a survey of 741 Finnish companies. Over 90% of the respondents were chief executive officers (CEOs) and the response rate was 50.4%. Five different clusters with differing IC structures were identified. Three of these clusters are partly in contradiction with the literature (high risk assessment vs. undeveloped control environment; advanced control environment vs. undeveloped other control structures; advanced control structures vs. low risk assessment). This study, therefore, raises several questions for future research and contributes to earlier IC and self-organising map (SOM) studies.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 7 (2011)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.inderscience.com/browse/index.php?journalID=41|
When requesting a correction, please mention this item's handle: RePEc:ids:ijaape:v:7:y:2011:i:3:p:151-175. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.