THE IMPORTANCE OF INTERNAL CONTROL IN IMPROVING THE EFFICIENCY OF CORPORATE GOVERNANCE
Keywords:
joint-stock company, corporate management, control, internal control, control environment, control procedures.Abstract
The role of internal control is important in the introduction of modern corporate management principles in joint-stock companies. Timely and systematic implementation of internal control serves to effectively use resources, identify lost opportunities in time, and increase operational efficiency. This article reveals the importance of internal control and highlights its importance in improving the effectiveness of corporate governance.
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