EFFECT OF INTERNAL CONTROL COMPONENTS ON FINANCIAL PERFORMANCE OF FINANCIAL INSTITUTIONS IN RWANDA A CASE STUDY OF BANK OF KIGALI MAIN BRANCH (2020-2022)

doi:; ?>

IJNRD Research Journal

WhatsApp
Click Here

editor@ijnrd.org

INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)

Submit Paper Online

Call For Paper

Issue: May 2024

Volume 9 | Issue 5

Submit Paper Online

Last date: 31-May-2024

Review Result and Publication of Paper within : 2-3 days

Click Here For more Details

For Authors

Submit Paper Online Publication Guidelines Publication Charges Pay Publication Fees Online Track Paper Research Area All Policy

Forms / Download

Published Issue Details

Current Issue Archive Conference Proposal Recent Conference Details

Editorial Board

Editorial Board Join As A Referral/Reviewer Benefits of Referral/Reviewer

Other IMP Links

START A NEW JOURNAL &
JOURNAL SUPPORTING SOFTWARE Publish BOOK, DISSERTATION AND THESIS Best Research Paper Award

Facts & Figure

Impact Factor : 8.76

Issue per Year : 12

Volume Published : 9

Issue Published : 96

Article Submitted :

Article Published :

Total Authors :

Total Reviewer :

Total Countries :

Indexing Partner

Join RMS/Earn 300

Licence

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Published Paper Details

Paper Title:	EFFECT OF INTERNAL CONTROL COMPONENTS ON FINANCIAL PERFORMANCE OF FINANCIAL INSTITUTIONS IN RWANDA A CASE STUDY OF BANK OF KIGALI MAIN BRANCH (2020-2022)
Authors Name:	MUNGANYIMANA Elytha
Download E-Certificate:	Download
Author Reg. ID:	IJNRD_213188
Published Paper Id:	IJNRD2402035
Published In:	Volume 9 Issue 2, February-2024
DOI:
Abstract:	The study entitled “Effect of internal control components on the Financial Performance of Financial Institutions in Rwanda. A case of bank of Kigali main Branch (2020-2022)”, was conducted for assessing the validity of four research hypotheses such as: H01: Control environment, risk assessment, activity control, information and communication and monitoring have no significant effect on return on investment of Bank of Kigali; H02: Control environment, risk assessment, activity control, information and communication and monitoring have no significant effect on return on asset of Bank of Kigali; H03: Control environment, risk assessment, activity control, information and communication and monitoring have no significant effect on return on equity of Bank of Kigali; And H04: Control environment, risk assessment, activity control, information and communication and monitoring have no significant effect on net profit margin of Bank of Kigali. The study has adopted descriptive research design, correlational research design, and quantitative research design as used secondary quantitative data. Data was collected from BK financial reports of 2020 to 2022 and also as all indicators was not defined in the BK’s annual reports, some indicators were attributed to the existing indicators. Data analysis was made using Statistical Package for Social Scientists (SPSS) version 20 as it facilitates for linear regression model. To keep consistency on decision about hypothesis validity, the researcher chooses the use of coefficient tables only and leave summary table and ANOVA table (Analysis of Valiance). All in all, the study objective was achieved and all research hypotheses rejected in favor of alternative hypotheses. The study concludes that, generally, there is a positive and strong correlation between internal control components and financial performance of financial institutions case of Bank of Kigali. Based on the results the internal control contributes positively and significantly in financial performance of financial institutions case of BK at 5% level of significance. In other words, appropriate internal control is recommended tool for increasing financial performance of financial institutions.
Keywords:	Effect; Internal control components; Financial Performance; Financial Institutions; Bank of Kigali (BK).
Cite Article:	"EFFECT OF INTERNAL CONTROL COMPONENTS ON FINANCIAL PERFORMANCE OF FINANCIAL INSTITUTIONS IN RWANDA A CASE STUDY OF BANK OF KIGALI MAIN BRANCH (2020-2022)", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 2, page no.a308-a317, February-2024, Available :http://www.ijnrd.org/papers/IJNRD2402035.pdf
Downloads:	000118752
ISSN:	2456-4184 \| IMPACT FACTOR: 8.76 Calculated By Google Scholar\| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar \| AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details:	Published Paper ID:IJNRD2402035 Registration ID: 213188 Published In: Volume 9 Issue 2, February-2024 DOI (Digital Object Identifier): Page No: a308-a317 Country: Nonko Cell and Kavumu village, Kigali City, Rwanda Research Area: Social Science and Humanities Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2402035 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2402035
Share Article:

Click Here to Download This Article

Article Preview

Click Here to Download This Article

Major Indexing from www.ijnrd.org

Semantic Scholar	Microsaoft Academic	ORCID	Zenodo
Google Scholar	ResearcherID Thomson Reuters	Mendeley : reference manager	Academia.edu
arXiv.org : cornell university library	Research Gate	CiteSeerX	PUBLON
DRJI	SSRN	Scribd	DocStoc