The importance of internal audit in increasing performance of microfinance institutions: The case of the developing country
| Autor: | Krenare Shahini-Gollopeni, Donat Rexha, Medain Hashani |
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| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | Corporate Governance and Organizational Behavior Review. 6:120-127 |
| ISSN: | 2521-1889 2521-1870 |
| DOI: | 10.22495/cgobrv6i3p11 |
| Popis: | The study aims to explore the role and importance of internal audit in increasing performance in microfinance institutions in Kosovo. The operation of microfinance institutions in Kosovo is a necessity to meet the demands of the people, households, and small businesses, who do not have access to financial banking services (Kupina, 2018). The presence of an internal audit body in the organization is a need and necessity for good governance and performance of the organization. This study was conducted in five microfinance institutions in Kosovo. The study is based on data collected from the field through a questionnaire (N = 80) conducted face to face with respondents, with both genders represented in microfinance institutions in Kosovo. The data collected from the field were systematized and analyzed in the SPSS program. Of the total number of respondents, 64% were male and 36% were female. Most of the respondents were economists (88%), lawyers (4%), IT (6%), and other professions (2%). The results of the study (96.3%) show that an internal audit is necessary for the organization. Also, from the findings of the study, we learned that (66.3%) internal audit positively affects good governance and performance of the organization |
| Databáze: | OpenAIRE |
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