Roles of Internal Control in the Operational Effectiveness within Malian Public Enterprises

Abstract

In doing so, two public companies (EDM-sa and SOMAGEP-sa) selected have served as places of investigation. In this fact, the data collection has been facilitated by an interview guide which afterwards has been subject of an analysis following the grounded theory method.

Given the results, the internal control activity in the companies studied rests mainly on the organization of the control and the management system. Through which we have identified three roles that are formalization, supervision and assessment of the activities. However, each of these three elements plays a core role in the process of achieving the different activities but doesn’t lead necessarily to the attainment of the objectives.

Thus, efficiency of the internal control rests on the attainment of the objectives which also goes through respect of the standards and procedures set up by the management.

Finally, a regular follow-up system must be put in place to assess the results, hence the performance effect of the internal control.

JEL Classification : H83, L32, D23, M42.

Paper type: Empirical research