A literature review of the sustainability, the managerial conduct of management and the internal control systems evident in South African small, medium and micro enterprises

Bruwer, Juan-Pierré; Coetzee, Philna

doi:10.21511/ppm.14(2-1).2016.09

Cited by 9 publications

(10 citation statements)

References 33 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…It is based on accounting procedures and systems designed to improve efficiency and effectiveness of organizational operations, policies and compliance that will reassure stakeholders regarding the achievement of the firm's objectives (i.e., economic sustainability) [14]. Therefore, the sustainability of firms can be reasonably assured, for the foreseeable future, through the use of a sound internal control system [15].…”

Section: Introductionmentioning

confidence: 99%

The Impact of Family Ownership on Quality and Disclosure of Internal Control in Pakistan

et al. 2021

View full text Add to dashboard Cite

The role of family owners in the internal control environment is characterized by contradictory theoretical arguments i.e., entrenchment and alignment behavior. Therefore, the objective of this study is to investigate the behavior exhibited by family owners concerning the internal control environment in an underdeveloped regulatory setting. The study collected both primary and secondary data to use a multivariate regression research design to investigate the impact of family owners and CEOs on the internal control quality and disclosure of enterprises. The results of the current study demonstrated that family owners and family CEO have a negative impact on the internal control quality and disclosure, which validates the entrenchment behavior exhibited by family owners in the Pakistani setting. The results of the current study imply that policymakers should promote strict policy initiatives regarding the effectiveness of internal controls and their reporting so that companies are compelled to have better engagement in internal control practices for the protection of minority shareholders.

show abstract

Section: Introductionmentioning

confidence: 99%

The Impact of Family Ownership on Quality and Disclosure of Internal Control in Pakistan

et al. 2021

View full text Add to dashboard Cite

show abstract

“…In particular, we argue that focusing on women as a homogeneous group instead of considering them as opposite of men broadens Lazear's (2005) view and may enable us to resolve some of the ambiguities found in the literature, which we highlighted above. In our case, this is of particular relevance since 13.8 million people were unemployed in 2014 and 60 percent of South Africans earned below US $450.00 per annum (see Bruwer et al, 2016;SAICA, 2015;Schmidt et al, 2016). Yet we know that women play an important role in entrepreneurship in both developing and developed economies (Acs et al, 2011;Terjesen et al, 2015), but their rate of entrepreneurial activity are persistently lower than that of men (Herrington, et al, 2017;Kelley et al, 2017).…”

Section: Entrepreneurial Ability and Entrepreneurshipmentioning

confidence: 73%

Entrepreneurship, gender gap and developing economies: the case of post-apartheid South Africa

Nyakudya

Simba

Herrington

2017

Journal of Small Business & Entrepreneurship

View full text Add to dashboard Cite

This empirical study examines the extent to which risk aversion and entrepreneurial ability influence an individual's decision to enter into entrepreneurship. Precisely, it delineates the gender gap in self-employment, nascent and high growth entrepreneurship. In doing so, it utilises the Global Entrepreneurship Monitor South Africa databases containing 19,469 usable cases sampled between 2009 and 2014. The study adopts a quantitative approach and it applies an estimator in the form of a probit model and a non-linear decomposition technique to test established hypotheses.The results indicate that lower levels of knowledge and skills among women explain a substantial part of the gender gap. Thus, the gender gap in nascent and high growth entrepreneurship would be reduced if women had similar characteristics as men. Also, their entry rates into self-employment would be high and there would be no gender difference. This shifts the emphasis from the significance of risk aversion for local entrepreneurship to accentuate the importance of entrepreneurial-specific skills required to successfully engage in entrepreneurship.

show abstract

“…Berdasarkan suatu studi literatur tentang pengendalian intern di Afrika Selatan, ditemukan bahwa fleksibilitas pengelolaan organisasi berpengaruh negatif terhadap pengendalian intern (Bruwer & Coetzee, 2016). Namun, berdasarkan penelitian Enow dan Kamala (2016) ditemukan bahwa banyak UMKM yang belum menerapkan pengendalian intern dengan baik.…”

Section: Pendahuluanunclassified

Penerapan Pengendalian Intern pada 13 UMKM di Bandung

Wirawan

Djajadikerta

Setiawan

2021

JAB

View full text Add to dashboard Cite

Micro, small and medium enterprises (MSMEs) as a business sector that supports the country's economy are required to have adequate internal controls to support the achievement of company goals. This research was conducted with a case study approach on culinary business. In general, the companies in this study have implemented adequate internal control components. In terms of achieving company goals, namely financial reporting, the MSMEs studied have made financial reports independently because they consider the cost factor when using expensive consultants and also most of the MSME actors already have accounting skills. However, for tax reports in general, make and reported with the help of consultants due to lack of tax regulations that often change. Regarding the achievement of operating objectives regarding the effectiveness and efficiency of operations, the MSMEs studied are still focused on production activities because production activities are the main activity to provide satisfaction to consumers by utilizing Standard Operating Procedures. Compliance with the applicable rules and laws of the 13 companies studied is varied because it depends on the presence of regulators and whether or not there are strict sanctions and involvement of related parties and bargaining power of stakeholders.Usaha mikro, kecil dan menengah (UMKM) sebagai suatu sektor usaha yang menunjang perekonomian negara dituntut untuk memiliki pengendalian intern yang memadai untuk menunjang pencapaian tujuan perusahaan. Penelitian ini dilakukan dengan melakukan pendekatan studi kasus pada UMKM yang bergerak di bidang usaha kuliner. Secara umum, perusahaan yang diteliti telah menerapkan komponen pengendalian intern yang secara memadai karena adanya keterlibatan pemilik secara langsung pada usaha tersebut. Dalam hal pencapaian tujuan perusahaan yaitu pelaporan keuangan, UMKM yang diteliti sudah membuat laporan keuangan secara mandiri karena mempertimbangkan faktor biaya jika menggunakan pihak konsultan yang mahal dan juga sebagian besar pelaku UMKM sudah memiliki kemampuan akuntansi. Namun untuk laporan pajak pada umumnya, UMKM yang diteliti membuat dan melaporkannya dengan bantuan konsultan karena mereka kurang memahami peraturan perpajakan yang seringkali berubah. Terkait pencapaian tujuan operasi tentang efektivitas dan efisiensi operasi, UMKM yang diteliti masih berfokus pada aktivitas produksi karena aktivitas produksi merupakan aktivitas utama untuk memberikan kepuasan pada konsumen dengan memanfaatkan Prosedur Operasi Baku. Kepatuhan pada aturan dan hukum yang berlaku dari 13 perusahaan yang diteliti bersifat variatif karena tergantung dari adanya pihak regulator dan juga ada atau tidaknya sanksi yang tegas serta keterlibatan pihak – pihak terkait serta daya tawar dari para pemangku kepentingan.

show abstract

A literature review of the sustainability, the managerial conduct of management and the internal control systems evident in South African small, medium and micro enterprises

Cited by 9 publications

References 33 publications

The Impact of Family Ownership on Quality and Disclosure of Internal Control in Pakistan

The Impact of Family Ownership on Quality and Disclosure of Internal Control in Pakistan

Entrepreneurship, gender gap and developing economies: the case of post-apartheid South Africa

Penerapan Pengendalian Intern pada 13 UMKM di Bandung

Contact Info

Product

Resources

About