Accounting Risk Management, Internal Control Procedures, Firm Characteristics and Performance of State Enterprises in Uganda
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Date
2023Author
Mafumbo, Patrick W.
Type
ThesisLanguage
enMetadata
Show full item recordAbstract
The study examined the effect of accounting risk management, internal control procedures and
firm characteristics on performance of state enterprises in Uganda. It evaluated the relationship
between accounting risk management and performance of state enterprises; the intervening
effect of internal control procedures on the relationship between accounting risk management
and performance of state enterprises; the moderating effect of firm characteristics on the
relationship between accounting risk management and performances of state enterprises and
the joint effect of accounting risk management, internal control procedures and firm
characteristics on performance of state enterprises in Uganda. The study adopted positivism
research philosophy and used in sampling; census survey informed the selection of the target
population. Pearson correlation coefficient, regression analysis, and analysis of variance to
analyse data. Three types of regression analyses were performed; simple linear, hierarchical
and stepwise regression analyses. The results were interpreted using r, R2, and the F-statistic
and p-values. The study targeted a population of 34 state enterprises from where 32 firms
responded, realising a response rate of 94%. From the hypotheses testing, the findings showed
that there was a positive and significant relationship between accounting risk management and
performance of state enterprises in Uganda; there was a partial intervening effect of internal
control procedures on the relationship between accounting risk management and performance
of state enterprises in Uganda; there was a moderating effect of firm characteristics (firm size
and firm ownership) on the relationship between accounting risk management and performance
of state enterprises in Uganda. Furthermore, the results showed a joint significant effect
between accounting risk management, internal control procedures and firm characteristics on
performance of state enterprises in Uganda. The study suggested that to enhance performance
of state enterprises, these enterprises should comply with and adhere to accounting risk
management. They should also institute stringent effective internal control procedures in all its
functional areas. Therefore, basing on the study findings, the researcher recommends that the
management of state enterprises should monitor and supervise operations of state enterprises
to ensure that accounting regulations and internal control procedures requirements are properly
implemented and comply with accounting standards and principles to improve performance.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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