Search

One of the top methods generally utilized by the administration to verify internal control function is internal audit and, in this study, the primary objective is to examine the direct internal audit determinants that influence the financial sector of Saudi listed firms. The study sample comprised of financial sector firms including banks and insurance companies for a span of 4 years, using a panel data approach to test the independent-dependent variables relationships. The study combined data from the listed companies' data with the information provided by their annual reports and corporate annual reports. This paper revealed that internal audit size and internal audit professional certificate has a positive and significant association with performance. In sum, this paper provides descriptive information concerning internal audit usage. Finally, this study provided some implication and suggestion for future researchers as provided at the end of this paper. [ABSTRACT FROM AUTHOR]

This paper focused on studying the determinants of foreign investment in the Kingdom of Saudi Arabia between 1979 and 2019. The context of the study is unique in that it targeted KSA, a developing nation, and its 41-year market starting in 1979 through 2019. This study uses some technique such as, cointegration by unit roots test (ADF, PP and KPSS), Johansen's cointegration test (trace and maximum-eigenvalue) and Granger causality tests for short-run and long-run in order to confirm causal relationship between variables. moreover, this study uses ARDL regression to test the short-run and long-run relationship between determinants of FDI. The study revealed that FDI has cointegrating with some variables as tested by Johansen's cointegration test. Moreover, Granger causality tests. The results of Granger causality tests show that FDI does not Granger cause with all variables during the short-run but GDP Granger cause with FDI. Moreover, GDP, inflation and external balance have causality with FDI during long-run. in addition, the results of ARDL (short-run) found that external balance has effect positively significant with FDI. the outcomes are expected to boost the flow of foreign investment, which is the paper's goal that has been central from the start. The report confirms all recent and existing studies and is considered to be a comprehensive contribution to the Saudi economy, since the report selected a 41-year period - one not previously studied by previous researchers. [ABSTRACT FROM AUTHOR]

Copyright of Contaduría y Administración is the property of Facultad de Contaduria y Administracion-Universidad Nacional Autonoma de Mexico and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)