Effect of internal control systems on financial performance of selected commercial banks in selected counties in Kenya

dc.contributor.authorKorir, Kipkirui L
dc.contributor.authorNaibei, Isaac
dc.contributor.authorLangat, Lydia
dc.date.accessioned2022-03-16T07:41:49Z
dc.date.available2022-03-16T07:41:49Z
dc.date.issued2022-03-14
dc.descriptionArticle research on financial performance of commercial banks in Kenyaen_US
dc.description.abstractInternal control systems in every organization are paramount., both profit and not-for-profit organizations. The trend of many banks in Kenya collapsing puts into question the ability of the internal control systems to steer the commercial banks stability and performance. The recent failures have put pressure on the industry regulators and players to rethink how best the institutions can align their internal control systems and compliance as tools of ensuring stability and positive performance. This study assesses the effect of internal control systems on financial performance of selected commercial banks in selected counties in Kenya. The researcher adopted correlation research design. Using questionnaires, the study collected primary data from the fifteen selected commercial banks Bomet and Kericho Counties; distributing the questionnaires to 19 branch managers, 13 assistant managers, 09 credit managers and 45 tellers making a total of 86 target respondents for this study. The findings of the study are beneficial to commercial banks from where the data was collected, as various important recommendations touching on internal control systems are made.en_US
dc.identifier.issn2250-3153
dc.identifier.issn10.29322/IJSRP.12.03.2022.p12322
dc.identifier.urihttp://ir-library.kabianga.ac.ke/handle/123456789/368
dc.language.isoenen_US
dc.publisherInternational Journal of Scientific and Research Publicationen_US
dc.subjectCommercial Banksen_US
dc.subjectControl Environmenen_US
dc.subjectFinancial Performanceen_US
dc.subjectInternal Control Systemsen_US
dc.subjectRisk Assessmenten_US
dc.titleEffect of internal control systems on financial performance of selected commercial banks in selected counties in Kenyaen_US
dc.typeArticleen_US

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