Question 1

What is the central research question of the paper?

Accepted Answer

The paper tests whether banks’ internal auditing function focuses more on corporate governance, risk management, and ethics than internal auditing in other industries.

Question 2

Which theories guide the study?

Accepted Answer

The study is based on theory triangulation using agency, institutional, and contingency theory.

Question 3

What key results does the paper report about banks versus other industries?

Accepted Answer

Banks are more likely to devote internal audit activities to corporate governance, risk management, and ethics-related responsibilities, including risk assurance and advice/consulting on the risk management system.