The effect of management information systems on reduction of financial corporate corruption : interdisciplinary study

Abstract EN

The main objective of this interdisciplinary research is to examine the effect of Management Information Systems (MIS) on financial corporate corruption by providing theoretical evidence on how these systems improve corporate governance and internal audit quality and thus reducing financial corporate corruption.

the researcher concludes that financial information generated by management information systems and presented to business management satisfies the necessity for reliable, unbiased, clear, and easily understandable information, thereby enabling business management to formulate its decisions in a timely and efficient manner.

Thus, an accounting information system as a subsystem of MIS can contribute to timely decision-making, corporate management, strategies for constant cost reduction and savings, effective communication, and cash and working capital management.

Therefore, companies that have established good corporate governance practices can enhance their corporate value on a long term basis and thus be more competitive in helping to raise social wealth and reduce financial corporate corruption.