A Study on the Role of Internal Audit in the Governance of Social E-Commerce Platforms

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v7i3.5378

Xiao Tan

Nanjing Audit University, Nanjing 210000, Jiangsu, China

Abstract

Community e-commerce constitutes an innovative business model within the electronic commerce sector. Despite its rapid growth, it is confronted with numerous inherent risks and challenges. This paper explores the essential function of internal audit in the risk management process for community e-commerce platforms and offers recommendations for enterprises to develop effective risk management strategies. Implementing a comprehensive internal audit mechanism enables community e-commerce platforms to better identify and mitigate potential risks, thus enhancing platform security and stability. Consequently, this bolsters user trust and supports the platform's sustainable operations.

Keywords

internal audit; risk management; platform enterprise

References

[1]Oke, A. (2018). The Role of Internal Audit in Corporate Governance. International Journal of Accounting and Financial Reporting, 8(4), 136-148.
[2]Tumwebaze, S., Nuwagaba, G., & Ntayi, J. M. (2018). Corporate governance and financial performance in Uganda’s financial sector: The mediating role of intern audit. African Journal of Business Management, 12(8), 210-220.
[3]Gorwa, R. (2019). What is platform governance? Information, Communication & Society, 22(6), 854-871.

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