The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance

Sevda KANCA, (Trabzon Üniversitesi, Turizm Meslek Yüksekokulu, Trabzon, Türkiye)
Fikret ÇANKAYA, (Karadeniz Teknik Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Trabzon, Türkiye)
Engin DİNÇ, (Karadeniz Teknik Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Trabzon, Türkiye)
Aykut KARAK (Recep Tayyip Erdoğan Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Rize, Türkiye)
Uluslararası Ekonomi ve Yenilik Dergisi
5 0
Yıl: 2022 Cilt: 8 Sayı: 2 Sayfa Aralığı: 311 - 335 Metin Dili: İngilizce İndeks Tarihi: 18-10-2022

The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance

Öz:
In the literature, there are studies investigating whether the internal control system and corporate governance principles have an effect on financial performance. However, there is no study investigating the moderator effect of the internal control system on the financial success of corporate governance. For this purpose, it was examined in this study whether there was a moderator effect of the internal control system on the financial success of corporate governance. The study was conducted on companies in the Borsa Istanbul (BIST) corporate governance index (XKURY). The effectiveness of the internal control system was determined by the survey method, and then corporate governance effectiveness ranking was obtained with corporate governance rating scores. The moderator effect was investigated by regression analysis using the data obtained. As a result of the analysis, it has been determined that the internal control system has a moderator effect on the financial success of corporate governance. On the other hand, it is concluded that although corporate governance is thought to have a moderator effect on the financial performance of the internal control system, it does not. This result indicates that the efficiency of the internal control system should be increased for the financial success of corporate governance in enterprises. The reasons for this theoretically unexpected result were investigated in the study.
Anahtar Kelime:

Kurumsal Yönetimin Finansal Başarısında İç Kontrol Sisteminin Moderatör Etkisi

Öz:
Literatürde iç kontrol sistemi ile kurumsal yönetim ilkelerinin finansal performans üzerine etkisinin bulunup bulunmadığına yönelik çalışmalar olduğu görülmektedir. Ancak, her bir faktörün finansal başarısında diğer faktörün moderatör etkisinin olup olmadığına veya hangi faktörün daha güçlü bir moderatör etkiye sahip olduğuna dair bir çalışma mevcut değildir. Bu amaçla çalışmada, önce iç kontrol sisteminin daha sonra kurumsal yönetimin finansal performans üzerine etkisinde hem kurumsal yönetimin hem de iç kontrol sisteminin moderatör etkisinin olup olmadığı incelenmiştir. Araştırma, BİST (XKURY) kurumsal yönetim endeksindeki şirketler üzerinde gerçekleştirilmiştir. Anket yöntemi ile iç kontrol sistemi etkinliği tespit edilmiş daha sonra kurumsal yönetim derecelendirme puanları ile kurumsal yönetim etkinlik sıralaması oluşturulmuştur. Elde edilen veriler kullanılarak, moderatör etki, regresyon analizi ile tespit edilmeye çalışılmıştır. Sonuç olarak şirketlerde iç kontrol sisteminin finansal performansı üzerinde, kurumsal yönetimin moderatör etkisinin olmadığı, kurumsal yönetimin finansal başarısında iç kontrol sisteminin moderatör etkisinin güçlü olduğu sonucuna ulaşılmıştır. Bu sonuç işletmelerde kurumsal yönetimin finansal başarısı için iç kontrol sisteminin etkinliğini artırılmaları gerektiğini ifade etmektedir. Çalışmada teorik olarak beklenmeyen bu sonuçların nedenleri araştırılmıştır.
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA Kanca S, ÇANKAYA F, DİNÇ E, KARAKAYA A (2022). The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. , 311 - 335.
Chicago Kanca Sevda,ÇANKAYA Fikret,DİNÇ Engin,KARAKAYA AYKUT The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. (2022): 311 - 335.
MLA Kanca Sevda,ÇANKAYA Fikret,DİNÇ Engin,KARAKAYA AYKUT The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. , 2022, ss.311 - 335.
AMA Kanca S,ÇANKAYA F,DİNÇ E,KARAKAYA A The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. . 2022; 311 - 335.
Vancouver Kanca S,ÇANKAYA F,DİNÇ E,KARAKAYA A The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. . 2022; 311 - 335.
IEEE Kanca S,ÇANKAYA F,DİNÇ E,KARAKAYA A "The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance." , ss.311 - 335, 2022.
ISNAD Kanca, Sevda vd. "The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance". (2022), 311-335.
APA Kanca S, ÇANKAYA F, DİNÇ E, KARAKAYA A (2022). The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. Uluslararası Ekonomi ve Yenilik Dergisi, 8(2), 311 - 335.
Chicago Kanca Sevda,ÇANKAYA Fikret,DİNÇ Engin,KARAKAYA AYKUT The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. Uluslararası Ekonomi ve Yenilik Dergisi 8, no.2 (2022): 311 - 335.
MLA Kanca Sevda,ÇANKAYA Fikret,DİNÇ Engin,KARAKAYA AYKUT The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. Uluslararası Ekonomi ve Yenilik Dergisi, vol.8, no.2, 2022, ss.311 - 335.
AMA Kanca S,ÇANKAYA F,DİNÇ E,KARAKAYA A The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. Uluslararası Ekonomi ve Yenilik Dergisi. 2022; 8(2): 311 - 335.
Vancouver Kanca S,ÇANKAYA F,DİNÇ E,KARAKAYA A The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance. Uluslararası Ekonomi ve Yenilik Dergisi. 2022; 8(2): 311 - 335.
IEEE Kanca S,ÇANKAYA F,DİNÇ E,KARAKAYA A "The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance." Uluslararası Ekonomi ve Yenilik Dergisi, 8, ss.311 - 335, 2022.
ISNAD Kanca, Sevda vd. "The Moderator Effect of The Internal Control System on The Financial Success of Corporate Governance". Uluslararası Ekonomi ve Yenilik Dergisi 8/2 (2022), 311-335.
Sayfa Oluşturulma Tarihi
18-04-2024 5:13

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