Factors affecting the effectiveness of internal control in joint stock commercial banks in Vietnam

Autor: Dinh The Hung, Tran Trung Tuan
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Management Science Letters, Vol 9, Iss 11, Pp 1799-1812 (2019)
Druh dokumentu: article
ISSN: 1923-9335
1923-9343
DOI: 10.5267/j.msl.2019.6.011
Popis: In Vietnam, the role of commercial banks is extremely important, but the real situation does not really meet the requirements of the economy. The State Bank of Vietnam has implemented many solutions to stabilize the monetary market and regulated internal control and internal audit of credit insti-tutions. Therefore, in order to survive and develop in a sustainable way, each commercial bank itself needs to build good governance policies so that its activities are always effective. The most suitable solution is given: good completion of internal control to improve the operational effectiveness of internal control. This article studies the major factors affecting the effectiveness of internal control in joint stock commercial banks in Vietnam, in order to help them understand the factors affecting, improving and ensuring the effective operations of the banks, aiming at the goals of stabilizing the financial economy of the country.
Databáze: Directory of Open Access Journals