Abstract: The general objective of the study was to determine the impact of the impact of internal control systems on the financial performance of Neema Livestock and Slaughtering Investment Limited and specific goals were to ascertain the effects of control environment, communication management on the financial performance of Neema Livestock and Slaughtering Investment Limited. The study holds significant value for various stakeholders, including businesses, policymakers, investors, and regulatory bodies. It was easier for Kenyan meat exporters to pinpoint areas for development and put into practice practical plans to boost operational effectiveness if they are aware of how internal control systems affect financial performance, mitigate risks, and optimize resource allocation. By strengthening internal controls, companies can safeguard their assets, improve decision-making processes, and ultimately achieve sustainable growth and profitability. The study was grounded in three theories, including stakeholder theory, information theory, and modern portfolio theory. The study employed a descriptive research design with a study population of 100 respondents. The census method was adopted during sampling. Data was collected using questionnaires. The pilot study was conducted using 10 participants who was randomly selected from KMC and SPSS, and basic statistics was used to examine the qualitative data. The data was presented using tables and figures. Inferential statistics was used to show how variables are related. Ethical guidelines were observed during the study. The findings showed a significant link between internal control systems and financial performance. The results show that control environment, and communication management have an effect on financial performance. It concludes that effective communication management and financial performance are significantly connected and that communication management at NLSIC has a significant impact on financial performance. It is imperative that NLSIC's management understands that organizational controls facilitate the implementation of strategies and enable both proactive and reactive corrective changes for enhanced financial performance. Internal organizational controls allow senior management to determine what needs to be adjusted and when .Further investigation of the internal control system and financial performance is warranted in light of the study's results, recommendations, and conclusion.
Keywords: Internal Control Systems, Financial Performance, communication management, control environment.
Title: INTERNAL CONTROL SYSTEMS AND FINANCIAL PERFORMANCE OF MEAT EXPORT COMPANIES IN KENYA: A CAS E STUDY OF NEEMA LIVESTOCK AND SLAUGHTERING INVESTMENT LIMITED
Author: Nurke Mohamed Hido, Jared Osoro
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 12, Issue 4, October 2024 - December 2024
Page No: 100-115
Research Publish Journals
Website: www.researchpublish.com
Published Date: 25-October-2024
