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Internal Audit and Trust of Donors in Developing Countries: The Case of Benin

Received: 8 April 2020     Accepted: 28 April 2020     Published: 27 February 2021
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Abstract

The main objective of this paper is to determine the impact of internal audit on the trust of Donors (Technical and Financial Partners) of Developing Countries, especially those of Benin. It has two specific objectives: to measure the impact of internal audit on the performance of public administrations; and assess the influence of the performance of public administrations on the confidence of Benin’s donors. The central hypothesis is that internal audit improves the confidence of state donors. It is broken down into two secondary hypotheses which are presented as follows: internal audit positively influences the performance of public administrations in Benin; and the performance of public administrations positively influences the confidence of donors. The double difference model is used to estimate the impact of internal audit. The study reveals that internal audit positively influences the performance of public administration in Benin. It also reveals that the performance of public administrations has a positive impact on the trust of Donors (Technical and Financial Partners) in Benin. Our research work proposes within the framework of the implementation of New Public Management prescriptions and public finance reforms, the generalization of the implementation of internal audit in all public administrations of developing countries. The implementation of internal audit would therefore serve to boost the trust of State donors and thus give them assurance as to the proper management of Public Development Aid (PDA) and External Loans.

Published in International Journal of Accounting, Finance and Risk Management (Volume 6, Issue 1)
DOI 10.11648/j.ijafrm.20210601.13
Page(s) 16-24
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Internal Audit, Donor’s Trust, Performance, Public Administration

References
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  • APA Style

    N’djibio Kokou Charlemagne, Sylla Doucouré Karima. (2021). Internal Audit and Trust of Donors in Developing Countries: The Case of Benin. International Journal of Accounting, Finance and Risk Management, 6(1), 16-24. https://doi.org/10.11648/j.ijafrm.20210601.13

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    ACS Style

    N’djibio Kokou Charlemagne; Sylla Doucouré Karima. Internal Audit and Trust of Donors in Developing Countries: The Case of Benin. Int. J. Account. Finance Risk Manag. 2021, 6(1), 16-24. doi: 10.11648/j.ijafrm.20210601.13

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    AMA Style

    N’djibio Kokou Charlemagne, Sylla Doucouré Karima. Internal Audit and Trust of Donors in Developing Countries: The Case of Benin. Int J Account Finance Risk Manag. 2021;6(1):16-24. doi: 10.11648/j.ijafrm.20210601.13

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  • @article{10.11648/j.ijafrm.20210601.13,
      author = {N’djibio Kokou Charlemagne and Sylla Doucouré Karima},
      title = {Internal Audit and Trust of Donors in Developing Countries: The Case of Benin},
      journal = {International Journal of Accounting, Finance and Risk Management},
      volume = {6},
      number = {1},
      pages = {16-24},
      doi = {10.11648/j.ijafrm.20210601.13},
      url = {https://doi.org/10.11648/j.ijafrm.20210601.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20210601.13},
      abstract = {The main objective of this paper is to determine the impact of internal audit on the trust of Donors (Technical and Financial Partners) of Developing Countries, especially those of Benin. It has two specific objectives: to measure the impact of internal audit on the performance of public administrations; and assess the influence of the performance of public administrations on the confidence of Benin’s donors. The central hypothesis is that internal audit improves the confidence of state donors. It is broken down into two secondary hypotheses which are presented as follows: internal audit positively influences the performance of public administrations in Benin; and the performance of public administrations positively influences the confidence of donors. The double difference model is used to estimate the impact of internal audit. The study reveals that internal audit positively influences the performance of public administration in Benin. It also reveals that the performance of public administrations has a positive impact on the trust of Donors (Technical and Financial Partners) in Benin. Our research work proposes within the framework of the implementation of New Public Management prescriptions and public finance reforms, the generalization of the implementation of internal audit in all public administrations of developing countries. The implementation of internal audit would therefore serve to boost the trust of State donors and thus give them assurance as to the proper management of Public Development Aid (PDA) and External Loans.},
     year = {2021}
    }
    

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  • TY  - JOUR
    T1  - Internal Audit and Trust of Donors in Developing Countries: The Case of Benin
    AU  - N’djibio Kokou Charlemagne
    AU  - Sylla Doucouré Karima
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    DO  - 10.11648/j.ijafrm.20210601.13
    T2  - International Journal of Accounting, Finance and Risk Management
    JF  - International Journal of Accounting, Finance and Risk Management
    JO  - International Journal of Accounting, Finance and Risk Management
    SP  - 16
    EP  - 24
    PB  - Science Publishing Group
    SN  - 2578-9376
    UR  - https://doi.org/10.11648/j.ijafrm.20210601.13
    AB  - The main objective of this paper is to determine the impact of internal audit on the trust of Donors (Technical and Financial Partners) of Developing Countries, especially those of Benin. It has two specific objectives: to measure the impact of internal audit on the performance of public administrations; and assess the influence of the performance of public administrations on the confidence of Benin’s donors. The central hypothesis is that internal audit improves the confidence of state donors. It is broken down into two secondary hypotheses which are presented as follows: internal audit positively influences the performance of public administrations in Benin; and the performance of public administrations positively influences the confidence of donors. The double difference model is used to estimate the impact of internal audit. The study reveals that internal audit positively influences the performance of public administration in Benin. It also reveals that the performance of public administrations has a positive impact on the trust of Donors (Technical and Financial Partners) in Benin. Our research work proposes within the framework of the implementation of New Public Management prescriptions and public finance reforms, the generalization of the implementation of internal audit in all public administrations of developing countries. The implementation of internal audit would therefore serve to boost the trust of State donors and thus give them assurance as to the proper management of Public Development Aid (PDA) and External Loans.
    VL  - 6
    IS  - 1
    ER  - 

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Author Information
  • Finance, Entrepreneurship and Accounting Laboratory (LaFEC) of Doctoral School of Economic Sciences and Management, Faculty of Economic Sciences and Management (FASEG), University of Abomey Calavi (UAC), Cotonou, Benin

  • Finance, Entrepreneurship and Accounting Laboratory (LaFEC) of Doctoral School of Economic Sciences and Management, Faculty of Economic Sciences and Management (FASEG), University of Abomey Calavi (UAC), Cotonou, Benin

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