INFLUENCE OF ORGANIZATIONAL CULTURE ON INTERNAL CONTROL STRUCTURE IN GENERAL INSURANCE BUSINESSES IN VIETNAM

Abstract

The paper focuses on the influence of organizational culture on the internal
control (IC) structure in general insurance enterprises in Vietnam. The study is
based on an overview and stochastic theoretical framework in organizations, the
internal control framework of COSO 2013. The study uses research methodologies:
Cronbach's Alpha analysis, EFA, structural equations (SEM) to validate the model,
research hypothesis and the degree of influence of factors on IC structure. The
research results indicate that organizational culture directly impacts the IC
structure and indirectly impacts the IC usefulness through IC structure variables.
Thereby, authors propose some recommendations to improve IC in non-life
insurance enterprises in Vietnam.