IMPACT OF INTERNAL AUDIT ON FIRM PERFORMANCE IN VIETNAM STEEL INDUSTRY - RESEARCH FINDINGS AND DISCUSSION

Abstract

It can be seen the number of empirical research on internal audit is limited in
Vietnam, especially research on the impact of internal audit activities on business
performance. In addition, in the context that businesses in general and steel
industry in particular in Vietnam are still hesitant about whether to establish
internal audit activities or not, conducting research to prove the effectiveness of
internal audit activities is very important. Therefore, this research uses
quantitative research method and the research sample is steel enterprises in
Vietnam having internal audit activities. The research findings show that internal
audit activities affect considerably firm performance in Vietnam steel industry.