Assessing the effect of central bank supervision interaction with audit and internal inspection units of banks on the efficiency of banking supervision

Hassani Shahi Sara, Seyed Mojtaba; Reiszadeh, Seyed Mohammad Reza; Fallah, Ali

doi:10.22075/ijnaa.2022.27159.3517

Assessing the effect of central bank supervision interaction with audit and internal inspection units of banks on the efficiency of banking supervision

Document Type : Research Paper

Authors

Seyed Mojtaba Hassani Shahi Sara

Seyed Mohammad Reza Reiszadeh

Ali Fallah

Department of Accounting, Nour Branch, Islamic Azad University, Nour, Iran

10.22075/ijnaa.2022.27159.3517

Abstract

This study aimed to investigate the supervision of the central bank with the audit and internal inspection units of banks and evaluate its impact on the efficiency of banking supervision. This research is applied in terms of purpose and in terms of descriptive-survey approach. In this study, all senior managers of bank branches in Tehran were considered as a statistical population of 150 people. According to Krejcie and Morgan's table, a society of this size required at least 108 statistical samples. In this study, a simple random sampling method was used to select statistical samples. The main tool used in this study was a researcher-made questionnaire that contained 22 items. In this questionnaire, the answers were designed based on a five-point Likert scale (from strongly disagree to strongly agree). The validity and reliability of this questionnaire were evaluated and confirmed in different ways. After distributing and collecting questionnaires and extracting data, descriptive and inferential analyses through SPSS and LISREL software were on the agenda. In this process, descriptive analyses were performed on the research variables, KMO test, Kolmograph-Smirnov test, confirmatory factor analysis and path analysis. Finally, the results showed that the interaction of the central bank supervision department with the internal audit units of banks has a strong and significant positive effect on the efficiency and effectiveness of banking supervision.

Keywords

Central Bank Supervision

Efficiency

Effectiveness

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