Title: The Evaluation of the Internal Control and Recommendations for Improvement at PICC
Author: Liu Yushan
Advisor: Assoc. Prof. Dr. Qiu Chao
Degree: Master of Business Administration
Major: International Business Management
Faculty: บัณฑิตวิทยาลัย (Graduate School)
Academic year: 2566 (2023)
Published: The 7th Stamford International conference “Leadership & Social Sustainability in the Tech -Driven Era” SECTION-8 (pp.1296-1306) conference proceedings PDF
Abstract
In recent years, the world economic environment has become increasingly complex and volatile due to various factors. Competition in the insurance industry has also become more and more intense, with more and more risks and challenges. Insurance enterprises have gradually realized that internal control plays a vital role in the development of enterprises. The implementation of effective internal control not only ensures the healthy and stable development of insurance enterprises, but also improves the management ability of enterprises. The main objectives of this study were :1) To establish the internal control evaluation index system of PICC Insurance Company, 2) To conduct a comprehensive evaluation of PICC’s internal control and 3) To formulate an optimization strategy for PICC’s internal control.
This study was based on the theory of internal control and adopted a combination of qualitative and quantitative research methods. The expert survey method was used to determine the construction of the internal control evaluation index system of PICC. Based on the establishment of grey model, the internal control of PICC was comprehensively evaluated.
This study achieved three results: 1) The internal control evaluation index system of PICC insurance company was constructed, 2) The comprehensive evaluation result of PICC’s internal control was 3.05 points, which indicated that its internal control performance was good, and 3) PICC’s internal control optimization strategy was formulated from the five elements of internal control.
The research recommendations include: 1) strengthening the risk warning and risk supervision of the whole process of internal control, 2) improving the personnel level of internal control implementation evaluation and internal control periodic evaluation, 3) improving the information transmission mechanism.
Keywords: internal control, gray evaluation, expert survey
The Evaluation of the Internal Control and Recommendations for Improvement at PICC
6417195418 Liu Yushan 2566 (2023) The Evaluation of the Internal Control and Recommendations for Improvement at PICC สารนิพนธ์ (Independent Study), Advisor: Assoc. Prof. Dr. Qiu Chao, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, International Business Management, Bangkok: Siam University
Academic Year 2023, Graduate School 2023, IMBA, IMBA 2023, Independent Study, Independent Study 2023, Master of Business Administration, Master of Business Administration (International Program) 2023, Master of Business Administration 2023, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration,International Business Management