PECULIARITIES OF CORPORATE CONTROL IN INSURANCE

Tatiana BALAN, Iulia CAPRIAN, Universitatea de Stat din Moldova

Authors

  • USM ADMIN

Abstract

Corporate control is one of the basic elements of effective corporate governance, the main purpose of which
is to serve the internal objectives of the company and its internal stakeholders. The purpose of corporate control
is to protect company assets by preventing errors and inappropriate actions by promoting policies, procedures
and technical safeguards. The stable operation of the insurance sector is of major importance for economic and
financial activity, which requires the creation of an internal control system within insurance companies capable of
ensuring compliance with the regulations in force and corporate governance norms. The purpose of the conducted
research was to present the particularities of internal corporate control within insurance companies. The objectives
of the research were to study the essence of internal corporate control, as well as highlight its particularities within
insurance companies.
Keywords: internal corporate control, audit, company, insurance, technology.

DOI: https://doi.org/10.59295/sum11(3)2024_03

Published

2024-09-30

Issue

Section

Articles