Determinants Of Internal Control Effectiveness And Lending Among SMEs

This book establishes the determinants of internal control effectiveness and performance among small and medium enterprises in Lagos metropolis. Internal control was measured using the five elements of internal control as instituted by the Committee of Sponsoring Organizations of Treadway Commission Framework of Internal Controls. These elements are control environment, risk assessment, information and communication, control activities and monitoring. It is recommended that SME owners should continue to maintain strong internal control system. Capital is one of the important factors determining the survival and growth of SMEs especially in developing economies. The book examines the criteria used by deposit banks in assessing loan applications of SMEs.

Autorentext

Dr. Olufemi Aladejebi ist der leitende Berater von The Great Business Clinic Ltd (TGBCL). Er hat einige Artikel in internationalen Fachzeitschriften über KMU und Unternehmertum veröffentlicht. Dr. Aladejebi hat über 150 kleine und mittlere Unternehmen in Nigeria beraten. Olufemi und seine Frau Abiola leben zusammen mit ihren beiden Söhnen derzeit in Lagos, Nigeria.