Authors: Panayiota Mitropoulou, Andreas Koutoupis

Title: The Interconnection Of Corporate Culture, Strategic Planning And The Effectiveness Of Internal Control And Loyalty Of Internal Auditors

Abstract

There is a growing scientific, research and academic interest in this multidimensional issue to be explored, as evidenced by the largest number of scientific publications over the last decade, at which time 24 out of the 30 studies that are presented in the current paper, have a year of publication which falls within the last decade. In conclusion, it is found that the levels of quality and effectiveness of internal control are positively affected, on the one hand by the existence of a positive corporate culture and on the other hand by the alignment of organizational strategic planning and organizational goals with the design of internal control. In addition, the positive influence of the internal auditors' loyalty was evident from the prevalence of a positive corporate culture in the respective audited organizations. However, it has been found that the issue of combined investigation of the link between the effectiveness of internal control and the compliance of internal auditors with corporate culture and strategic planning is not sufficiently covered by research and development.