INTERNAL CONTROLS SYSTEMS AND THE RISK PERFORMANCE CHARACTERIZING SMALL AND MEDIUM MANUFACTURING FIRMS IN THE CAPE METROPOLE

J. DUBİHLELA; Lisa NQALA

Makale detayları

INTERNAL CONTROLS SYSTEMS AND THE RISK PERFORMANCE CHARACTERIZING SMALL AND MEDIUM MANUFACTURING FIRMS IN THE CAPE METROPOLE

Yazarlar:

J. DUBİHLELA | Lisa NQALA

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Business and Management Studies 2017 Vol.9 Issue 2, pp.87-103

Belge Tipi:

Makale

Yayın Tarihi:

5/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000808920

Sıklık:

İki Yıllık

eISSN:

1309-8047

Özet:

 

In recent years, manufacturers are refocusing and intensifying their keenness on
 the nature of risks within their operational environments. They are also concerned
 about their risk exposures. Numerous stakeholders, including government, creditrating
 agencies, stock exchanges, occupational agencies and institutional investors
 are increasing their call for significant focus on effective risk oversight and
 optimised risk performance. For the manufacturing firms, the primary focus is
 production which exposes them to complex risks. This study investigates how
 small and medium manufacturers are optimising their internal control systems in
 order to mitigate risk. The study seeks to understanding how internal controls are
 utilised by manufacturing SMEs to mitigate and prevent risks, and how internal
 controls are implemented by manufacturing SMEs. The study is conducted on
 selected manufacturing SMEs in the Western Cape, South Africa. The study
 follows a qualitative research paradigm, adopting case-based interpretive
 approach employed to support the data collection, data analysis and data
 presentation methods. Manufacturing SMEs that are in process of implementing
 effective internal controls within their businesses would have a better
 understanding of the importance and value of preventing or mitigate risk. An
 analysis of interviews with managers and owners from manufacturing SMEs
 indicates that businesses that often create contingency risk plans, and implement internal control systems are less exposed to risk. Their risk-buffer strategies towards perceived risks helps them achieve higher risk performance.

Makale detayları

INTERNAL CONTROLS SYSTEMS AND THE RISK PERFORMANCE CHARACTERIZING SMALL AND MEDIUM MANUFACTURING FIRMS IN THE CAPE METROPOLE

Yazarlar: J. DUBİHLELA | Lisa NQALA

Yayıncı: Sosyal Bilimler Araştırmaları Derneği

Dergi: International Journal of Business and Management Studies 2017 Vol.9 Issue 2, pp.87-103

Belge Tipi: Makale

Yayın Tarihi: 5/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000808920

Sıklık: İki Yıllık

eISSN: 1309-8047

Sayı

Yazarlar:

J. DUBİHLELA | Lisa NQALA

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Business and Management Studies 2017 Vol.9 Issue 2, pp.87-103

Belge Tipi:

Makale

Yayın Tarihi:

5/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000808920

Sıklık:

İki Yıllık

eISSN:

1309-8047