A Study on the Effectiveness of Internal Control System on Commercial Banks Risk Minimization in Zambia
Avelika Mwale,
Lubinda Habaazoka
Abstract:Banks are in business of risk management and not risk avoidance. As such, risk management should be their core competency. To survive in this highly uncertain world, financial institutions must manage risk effectively. It is in this light that internal control systems are put in place in the banking sector to assist minimize risk. The purpose of this study was to investigate the effectiveness of internal control system on commercial bank risk minimization in Zambia. The study adopted a quantitative research ap… Show more
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