THE ROLE OF INTERNAL AUDIT IN ENHANCING CORPORATE GOVERNANCE PRACTICES IN THE NIGERIAN MANUFACTURING SECTOR

Authors

  • Simon Ademola Akinteye Charisma University, Turks and Caicos Islands, British West Indies
  • Doris Amaka Ochei Precious Cornerstone University, Ibadan
  • Mathias Itoe Mokube ICT University, Yaoundé, Cameroon

Keywords:

Internal Audit, Corporate Governance Practices, Nigerian Manufacturing Sector

Abstract

The aim of this systematic review is to explore the role of internal audit in enhancing corporate governance practices in the Nigerian manufacturing sector. Corporate governance has become increasingly important in recent years due to the increasing number of corporate scandals and failures. Internal audit is an important component of corporate governance and plays a key role in enhancing corporate governance practices. However, the extent to which internal audit contributes to corporate governance practices in the Nigerian manufacturing sector remains unclear. The review adopts a systematic approach to identifying and analyzing relevant studies published between 2015 and 2023. The research design is a qualitative synthesis of primary research studies, which includes a thematic and content analysis of the existing literature. . The sampling procedure involves the selection of studies that focus on the Nigerian manufacturing sector and its internal audit practices. The data collection instruments include a comprehensive review of relevant literature, including academic journals, conference proceedings, and books. The data analysis techniques include a thematic analysis of the literature, which involves the identification of key themes and patterns in the data. The findings of this review suggest that internal audit practices in the Nigerian manufacturing sector play an important role in enhancing corporate governance practices. Overall, this methodological review provides a comprehensive analysis of the role of internal audit in enhancing corporate governance practices in the Nigerian manufacturing sector. The findings contribute to the development of a more nuanced understanding of the challenges and opportunities facing internal audit practices in the sector, and provide useful insights for policymakers and practitioners seeking to improve corporate governance practices in the Nigerian manufacturing sector.

Author Biographies

Simon Ademola Akinteye, Charisma University, Turks and Caicos Islands, British West Indies

Visiting Professor of Accounting,
Charisma University, Turks and Caicos Islands,
British West Indies

Doris Amaka Ochei, Precious Cornerstone University, Ibadan

Associate, Centre for Professional Development and Consult,
Precious Cornerstone University, Ibadan

Mathias Itoe Mokube, ICT University, Yaoundé, Cameroon

Department of Business Management,
ICT University, Yaoundé, Cameroon

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Published

2023-07-21

How to Cite

Akinteye, S. A., Ochei, D. A., & Mokube, M. I. (2023). THE ROLE OF INTERNAL AUDIT IN ENHANCING CORPORATE GOVERNANCE PRACTICES IN THE NIGERIAN MANUFACTURING SECTOR. FUW-International Journal of Management and Social Sciences, 8(2), 13. Retrieved from https://fuw-ijmss.com.ng/index.php/fijmss/article/view/42