Internal control and organizational performance of Daldhis construction company, Somalia
Loading...
Date
2016-10
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University,College of Economics and Management
Abstract
This study carried out an investigation on the role of internal control in influencing
organizational performance of Daldhis Construction Company of Mogadishu, Somalia.
The objectives of the study were 1) to examine the internal control procedures at
Daldhis Construction Company, Mogadishu, Somalia, 2) to determine the organizational
performance levels in at Daldhis Construction Company, Mogadishu, Somalia and 3) to
establish whether there is a significant relationship between internal control and
organizational performance in at Daldhis Construction Company, Mogadishu, Somalia.
The design of the study was descriptive correlational. In data collection the researcher
used questionnaires which were divided into three. Section A dealt with profile of
respondents, B dealt with internal control and C dealt with organizational performance
of the company. The population of the company was 140 and a sample of 104 was
arrived at by use of the Slovenes formula. In identifying this sample within the
population, simple random sampling, stratified sampling and purposive sampling
procedures were applied. Analysis entailed frequencies, percentages, means, standard
deviation, t statistic, ranks, charts and interpretations. From the findings, it was clear
that the internal control employed in the company were not effective. Additionally, the
organizational performance of the company was found to be low and at unacceptable
levels. It was also established that there was a relationship between internal control
and organizational performance and this was calculated at a value of 0.837 on the
Pearson Correlation scale and this denoted a strong and positive relationship. Internal
control were also found to significantly influence organizational performance of the
company at an R Squared coefficient of 0.701. The study recommended confirmation of
transactions, job rotation and training of employees
Description
A thesis report submitted to the College of Higher Degrees and Research in partial fulfilment of the requirements for the Award of the Degree of Master of Business Administration (Finance and Accounting) OF Kampala International University
Keywords
Internal, Control, Perfomance, Organizational