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Title: :  THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA
PaperId: :  21495
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 9 Issue 4 2023
DUI:    16.0415/IJARIIE-21495
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Masano Mandali Maki1Jordan University College, Morogoro, Tanzania
Alexis NahoJordan University College, Morogoro, Tanzania
Lazaro Athanas MwongeJordan University College, Morogoro, Tanzania

Abstract

Business Management
Internal controls, financial performance, private health institutions, Morogoro Municipality, Tanzania
Our study investigates the intricate relationship between internal controls and financial performance within the context of private health institutions operating in Morogoro Municipality, Tanzania. The study aims to provide empirical evidence regarding the impact of effective internal control systems on the financial performance of these institutions. Our approach is thorough, encompassing a mix of qualitative and quantitative methods, drawing insights from a dataset comprising responses from 100 participants. The collected information was subjected to descriptive analysis. Furthermore, we conducted multiple linear regressions to scrutinize the connection between internal control and financial performance. The results of the multiple linear regression unveiled that factors such as the control environment, monitoring activities, control activities, employee education, and employee age, exerted a favorable influence on financial performance. Notably, these variables exhibited statistical significance across various thresholds: 1%, 5%, and 10%. These findings underscore the role of the internal control framework and specific socio-economic traits like employee age and educational background in significantly shaping the financial performance of private healthcare establishments. The implications of the study emphasize the pivotal importance of robust internal control implementations and the fostering of employee education and retention, both contributing factors to achieving enhanced financial performance.

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IJARIIE Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. "THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA" International Journal Of Advance Research And Innovative Ideas In Education Volume 9 Issue 4 2023 Page 3365-3377
MLA Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. "THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA." International Journal Of Advance Research And Innovative Ideas In Education 9.4(2023) : 3365-3377.
APA Masano Mandali Maki1, Alexis Naho, & Lazaro Athanas Mwonge. (2023). THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA. International Journal Of Advance Research And Innovative Ideas In Education, 9(4), 3365-3377.
Chicago Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. "THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA." International Journal Of Advance Research And Innovative Ideas In Education 9, no. 4 (2023) : 3365-3377.
Oxford Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. 'THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA', International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 4, 2023, p. 3365-3377. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/THE_INTERPLAY_BETWEEN_INTERNAL_CONTROLS_AND_FINANCIAL_PERFORMANCE__EVIDENCE_FROM_PRIVATE_HEALTH_INSTITUTIONS_IN_MOROGORO_MUNICIPALITY__TANZANIA_ijariie21495.pdf (Accessed : ).
Harvard Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. (2023) 'THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA', International Journal Of Advance Research And Innovative Ideas In Education, 9(4), pp. 3365-3377IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/THE_INTERPLAY_BETWEEN_INTERNAL_CONTROLS_AND_FINANCIAL_PERFORMANCE__EVIDENCE_FROM_PRIVATE_HEALTH_INSTITUTIONS_IN_MOROGORO_MUNICIPALITY__TANZANIA_ijariie21495.pdf (Accessed : )
IEEE Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge, "THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA," International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 4, pp. 3365-3377, Jul-Aug 2023. [Online]. Available: https://ijariie.com/AdminUploadPdf/THE_INTERPLAY_BETWEEN_INTERNAL_CONTROLS_AND_FINANCIAL_PERFORMANCE__EVIDENCE_FROM_PRIVATE_HEALTH_INSTITUTIONS_IN_MOROGORO_MUNICIPALITY__TANZANIA_ijariie21495.pdf [Accessed : ].
Turabian Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. "THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 9 number 4 ().
Vancouver Masano Mandali Maki1, Alexis Naho, and Lazaro Athanas Mwonge. THE INTERPLAY BETWEEN INTERNAL CONTROLS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PRIVATE HEALTH INSTITUTIONS IN MOROGORO MUNICIPALITY, TANZANIA. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2023 [Cited : ]; 9(4) : 3365-3377. Available from: https://ijariie.com/AdminUploadPdf/THE_INTERPLAY_BETWEEN_INTERNAL_CONTROLS_AND_FINANCIAL_PERFORMANCE__EVIDENCE_FROM_PRIVATE_HEALTH_INSTITUTIONS_IN_MOROGORO_MUNICIPALITY__TANZANIA_ijariie21495.pdf
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