The Effectiveness of Internal Control Tested by The Characteristics ‎of The Company and Its Manager: A Study Carried Out on A Sample of Moroccan Companies Listed on The Casablanca Stock Ex‎change

  • Authors

    • Mohamed Anis Tamiri Hassan II University of Casablanca – Faculty of Law, Economics & Social Sciences Ain Sebâa, Morocco
    • Mariem Cherkaoui Hassan II University of Casablanca – Faculty of Law, Economics & Social Sciences Ain Sebâa, Morocco
    • Nabaouia Idrissi Institut Supérieur d'Ingénierie & des Affaires (ISGA) Casablanca, Laboratory of innovation in management and engineering (LIMIE)، ‎Morocco
    • Kaiss Redouane Research Laboratory in Economics, Management, and Business Administration, Faculty of Economics and Management, ‎Hassan 1st University, Settat, Morocco
    • Yahya Fikri Abdelmalek Essaadi University – National School of Business and Management of Tangier, Morocco
    • Asmaa Nassiri Hassan II University of Casablanca – Faculty of Law, Economics & Social Sciences Ain Sebâa, Morocco
    https://doi.org/10.14419/t5xv8662

    Received date: July 28, 2025

    Accepted date: October 16, 2025

    Published date: November 2, 2025

  • Internal Control Effectiveness; Business Characteristics; Financial Health; Chief Executive Officer Age; Entrenchment. T

  • Abstract

    Following the multiple accounting and financial scandals that have shaken the American and European stock markets, several measures have ‎been taken by the public authorities to improve financial transparency, ensure the security of savers and investors, and restore confidence in the financial markets. At the organizational level, the Committee on Sponsoring Organizations of the Treadway ‎Commission (COSO) has proposed a framework to ensure that assets are protected and that all of the company's activities comply with its ‎policies and procedures.‎

    The characteristics of the manager and the company play an important role. This paper seeks to examine the effect of the characteristics of ‎the company and its manager on the effectiveness of internal control. It presents the results of a study carried out on a sample of 36 Moroccan companies listed on the Casablanca Stock Exchange to test the empirical validity of the hypotheses formulated following a literature ‎review. The regression results confirm the positive effect of firm size, age, and financial health as the main characteristics of the firm on the ‎effectiveness of internal control. On the other hand, the effect of manager characteristics remains mixed due to the family nature of listed ‎Moroccan firms‎.

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  • How to Cite

    Tamiri, M. A. . ., Cherkaoui , M. ., Idrissi , N. ., Redouane , K. ., Fikri , Y. ., & Nassiri , A. . (2025). The Effectiveness of Internal Control Tested by The Characteristics ‎of The Company and Its Manager: A Study Carried Out on A Sample of Moroccan Companies Listed on The Casablanca Stock Ex‎change. International Journal of Accounting and Economics Studies, 12(7), 19-26. https://doi.org/10.14419/t5xv8662