การมุ่งเน้นความฉลาดทางการตรวจสอบภายในและมูลค่าขององค์กร: การตรวจสอบเชิงประจักษ์ของบริษัทจดทะเบียนในตลาดหลักทรัพย์แห่งประเทศไทย INTERNAL AUDIT INTELLIGENCE ORIENTATION AND FIRM VALUE: AN EMPIRICAL INVESTIGATION OF LISTED FIRMS IN THAILAND

Abstract

This study aims to investigate the relationship of internal audit intelligence orientation and internal audit outcomes. Hypotheses testing by Ordinary Least Squares (OLS) regression analysis. The data were collected by using questionnaires from 134 listed firms in Thailand. The independent variable is internal audit intelligence orientation, which has five dimensions, namely, dynamic internal audit planning, internal audit method integration, technology-based internal audit implementation, internal audit innovation orientation, and internal audit skepticism competency. The evidence highlights that internal audit innovation orientation has the strongest positive significance for internal audit outcome. Dynamic internal audit planning has a positively significant effect on financial information reliability and firm value. In the same vein, internal audit method integration has a positively significant effect on operational risk protection, financial information reliability, and firm value. Furthermore, technology-based internal audit and internal audit skepticism competency have a positively significant effect on operational risk protection and organizational expenditure reduction. In addition, operational risk protection, financial information reliability, and organizational expenditure reduction have a positively significant effect on firm value.