Nwokorie, Edwin Chigozie and BALOGUN, SHERIF BABAJIDE (2020) INTERNAL CONTROL SYSTEMS AND HOTEL FINANCIAL PERFORMANCE IN ABEOKUTA, NIGERIA. In: Proceedings of Conference at the th 14 International Conference of Hospitality and Tourism Management Association of Nigeria, Held at Port Harcourt, Nigeria., 12TH - 13TH NOVEMBER, 2020, Port Harcourt, Nigeria..
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Abstract
The relevance of internal control system on financial performance of selected hotels in Abeokuta, Ogun State was determined in this study. Survey research design was employed for the study, and the population was selected from standard hotels operating within the study area. Primary data was generated through detailed questionnaire, while secondary sources of data include journals and internet materials. Frequency counts, percentage and multiple regression were used for data analysis. Findings revealed that internal control variables have positive influence on the financial performance of the hotels. The study concluded that internal control variables affect financial performance of hotels, which consequently enhance profitability. The non-existence or inadequacy of internal control systems could further have effect on the profitability and sustainability of the business.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | Q Science > Q Science (General) |
| Divisions: | Faculty of Engineering, Science and Mathematics > School of Chemistry |
| Depositing User: | Mr. Bolanle Yisau I. |
| Date Deposited: | 30 May 2021 14:06 |
| Last Modified: | 30 May 2021 14:06 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/1520 |
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