An application on the effect of creating an effective internal control system in tea businesses on corporate governance principles

The internal control system offers the most suitable working environment for the establishment of an organization free of errors and frauds, providing clear information to the senior management about the works and for the enterprises to reach their goals effectively. Internal control system is also a very important activity that supports corporate management and should be in every institution. The purpose of this study is to determine the effect of internal control system applied in tea establishments on corporate governance principles. As a result of the analyzes made in line with this purpose, the control environment, which is one of the elements of the internal control system, has an effect on the responsibility and accountability from the corporate governance principles, the risk assessment element has an effect on responsibility, transparency (transparency) and accountability, and the control activities element has an effect on responsibility, transparency, fairness and accountability. It has been determined that the information and processing element has an effect on the responsibility, and the monitoring sub-element has an effect on responsibility and fairness. In addition, by the fact that tea enterprises belong to the private sector and the public; It has been determined that there is a significant difference between the internal control system and corporate governance principles. As a result of these findings, suggestions were made to the enterprises. Keywords: Tea Enterprises, Internal Control System, Corporate Governance Principles