The Es Accounting and Finance
Vol. 2 No. 02 (2024): The Es Accounting And Finance (ESAF)

The Influence of Internal Audit and Risk Control on Crisis Management in the Tourism Industry in Indonesia

Irra Chrisyanti Dewi (School of Tourism, Universitas Ciputra Surabaya)
Eko Sudarmanto (Universitas Muhammadiyah Tangerang)
Eka Budi Yulianti (Universitas Tama Jagakarsa)
Legito Legito (Universitas Tjut Nyak Dhien Medan)
Edy Susanto (Universitas Muslim Indonesia)



Article Info

Publish Date
30 Mar 2024

Abstract

This research investigates the complex interactions between Internal Audit, Risk Control, and Crisis Management in the dynamic landscape of Indonesia's tourism industry. Using a quantitative approach, this study employed Structural Equation Modeling with Partial Least Squares (SEM-PLS) to analyze survey data collected from stakeholders in the industry. Descriptive statistics showed positive perceptions of Internal Audit and Risk Control, with room for improvement in Crisis Management effectiveness. Measurement model assessment established reliability and construct validity, paving the way for robust structural model analysis. The results show that Internal Audit and Risk Control significantly and positively influence Crisis Management. Practical implications include customized strategies for optimal crisis resilience, while policy recommendations underscore the importance of a standardized framework. Despite its limitations, this study contributes valuable insights to the crisis resilience literature, offering a nuanced understanding of the dynamics of Indonesia's tourism sector.

Copyrights © 2024






Journal Info

Abbrev

esaf

Publisher

Subject

Economics, Econometrics & Finance

Description

ESAF - The Es Accounting and Finance is a peer-reviewed journal and open access three times a year (March, July and November) published by Eastasouth Institute. ESAF aims to publish articles in the field of Financial Accounting, Managerial Accounting, Public Sector Accounting, Auditing and Forensic ...