EFFECTS OF INTERNAL CONTROL SYSTEM ON THE ORGANIZATOINAL PERFORMANCE OF REMITTANCE COMPANIES IN MODADISHU-SOMALIA

  • HASSAN ADAM MIRE Jomo Kenyatta University of Agriculture and Technology
  • aaron Mukhongo Jomo Kenyatta University of Agriculture and Lecturer
DOI: https://doi.org/10.53555/bm.v2i9.1438
Keywords: control environment, risk assessment and control activity, organizational performance, Mogadishu- Somalia

Abstract

The purpose of this research would be to examine the effect of internal control
system practice on the performance of remittance companies in Mogadishu-Somalia. The study
would adopt a quantitative research with the specific research design being a descriptive design.
The population of the study is the classified remittance companies locate in Bakara market, and
they were 15 remittance companies in Bakara market, the employees worked that 15 remittance
companies are 402 employees.The sampling technique use would be purposive sampling.
Primary data would collect by use of questionnaires which are administered through drop and
pick method. Data screening would be done to identify any missing data and it would be further
test for reliability and normality. Data would be analyzing using SPSS version.The study
recommended that there is need for the remittance companies in Mogadishu to increase their
control environment; risk assessment and control activity as it was founded that these variables
positively affects the organizational performance of remittance companies in Mogadishu.

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Author Biographies

HASSAN ADAM MIRE, Jomo Kenyatta University of Agriculture and Technology

Master of business Administration in Accounting of Jomo Kenyatta University of
Agriculture and Technology

aaron Mukhongo, Jomo Kenyatta University of Agriculture and Lecturer

Management of School of human resource development

Department of Business Technology, Keny

Published
2016-09-30
How to Cite
MIRE, H. A., & Mukhongo, aaron. (2016). EFFECTS OF INTERNAL CONTROL SYSTEM ON THE ORGANIZATOINAL PERFORMANCE OF REMITTANCE COMPANIES IN MODADISHU-SOMALIA. IJRDO - Journal of Business Management, 2(9), 153-167. https://doi.org/10.53555/bm.v2i9.1438
Issue
Vol. 2 No. 9 (2016): IJRDO - Journal of Business Management
Section
Articles

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