| dc.description.abstract | The purpose of this study was to examine the influence of internal audit practice on performance of state corporations; with reference to the commercial state corporations under the Ministry of Industry, Trade and Cooperatives. The specific objectives were to determine the influence of governance on performance of state corporations, to determine the influence of risk management on performance of commercial state corporations and to determine the influence of controls on performance of commercial state corporations. In literature review, aspects covered were theoretical reviews, the empirical review and the conceptual framework. The study adopted the methodology that guided data collection approaches. The study design was descriptive research design. The target population was the management staff of the commercial state corporations that was 247 employees. The sampling approach adopted was stratified random sampling, after sampling, the sample size was 74 and response rate was 94.5%. When data collection was done, the data was analyzed by adopting descriptive and regression analysis. The presentations were done by adopting figures, pie charts, graphs and tables. The findings indicated that when all the factors were held constant the performance of commercial state corporations would increase by 0.728 Units. When all the factors were held constant one unit use of risk management increases the performance by 0.368 units. Similarly, when all the factors were held constant one unit use of controls would increase the performance by 0.452 units. This showed that the use of risk management and controls have had a significant influence on the performance of commercial state corporations in Kenya. The research recommends that internal audit practice be supported adequately by all stakeholders in commercial state corporations because they influences significantly performance. | en_US |
