Statements | Mean | SD | Rank | |
1 | Internal auditor of my firm/audited firms is independent. | 4.02 | 1.073 | 4 |
2 | Internal auditor contributes to the activation of corporate governance. | 3.94 | 1.092 | 5 |
3 | Internal auditors have sufficient knowledge of the standards that are necessary to activate the principles of governance. | 3.66 | 1.027 | 14 |
4 | Internal audit process contains procedures to ensure that the principles of corporate governance are applied. | 3.79 | 0.999 | 11 |
5 | Internal auditor examines the firm’s procedures to ensure compliance with policies, plans, systems, laws and regulations and the extent of contribution to activating the principles of corporate governance. | 3.94 | 1.009 | 5 |
6 | Internal audit unit provides mechanisms for improving the performance levels of the company through corporate governance. | 3.62 | 0.945 | 15 |
7 | Internal audit unit ensures that shareholders have the right to participate and obtain information about the fundamental changes in the company. | 3.55 | 0.951 | 16 |
8 | Internal auditor reports specify clearly recommendations/potential of problems arising from audit findings. | 3.89 | 0.866 | 7 |
9 | Management seriously views recommendations and corrective actions from audit report as an avenue for improvements. | 4.06 | 0.845 | 3 |
10 | Compliance with corporate governance regulations improves the internal audit recommendations for better corrective actions. | 4.19 | 0.647 | 1 |
11 | Board of directors has an audit committee responsible for monitoring financial and non-financial compliance activities of management. | 4.15 | 0.780 | 2 |
12 | Internal audit unit and audit committee disclose any event that may affect the shareholders. | 3.89 | 0.840 | 7 |
13 | Internal auditor submits a report to the board of directors and the audit committee about the company’s commitment to implementing the rules of corporate governance. | 3.89 | 0.759 | 7 |
14 | Audit committee provides the necessary recommendations to activate the governance. | 3.83 | 0.892 | 10 |
15 | Internal audit in my firm/audited firms plays an important role to activate corporate governance. | 3.79 | 0.883 | 11 |
16 | Internal audit of my firm/audited firms is effective and there is reasonable assurance that corporate governance goals achieved. | 3.77 | 0.865 | 13 |
Average | 3.87 | 0.905 |
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