Original scientific paper
https://doi.org/10.51650/ezrvs.18.3-4.1
Modeling The Relationship Of Internal Audit And Management Structures Of Credit Institutions
Mario Filipović
; Faculty of Maritime Studies, University of Split, Split, Croatia
Abstract
The management structures of any business entity communicate with numerous stakeholders in the corporate governance process. Within the network of those who actively communicate with management structures, a special role is played by internal auditors. This paper aims to take a closer look at that relationship, using the example of communication between the management structures of credit institutions and their internal auditors. Bearing in mind the fact that these relationships are complex, the focus of this paper is on shaping the communication model between management structures and internal auditors in credit institutions, with the goal of improving the work of both. The developed model was tested through quantitative research conducted in the Republic of Croatia, using questionnaires. The following respondents participated in this research: members of the management and supervisory boards of credit institutions, their internal auditors, bankruptcy trustees, and the professional staff of these institutions in bankruptcy— a total of 117 participants. Based on this research, it was concluded that the designed communication model improves the work of management structures and internal audit in credit institutions.
Keywords
credit institutions; communication model; management structures; internal auditors.
Hrčak ID:
326131
URI
Publication date:
3.1.2025.
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