Authors : Bridget Elo Osigho

Volume/Issue : Volume 11 - 2026, Issue 4 - April

Google Scholar : https://tinyurl.com/43thrr36

Scribd : https://tinyurl.com/3fb5kneu

DOI : https://doi.org/10.38124/ijisrt/26apr762

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

Abstract : A sound business strategy can attract capital, inspire growth, and position organizations for market leadership. However, strategy alone does not guarantee sustainability. When internal controls are weak, financial reporting is unreliable, and audit functions are ineffective, even well-positioned enterprises can fail. This study examines patterns of corporate failure in the United States where strategic ambition outpaced control discipline. Using historical case analysis and U.S. bankruptcy data, the paper demonstrates that internal audit, financial risk management, and accounting systems are critical drivers of organizational resilience, investor confidence, and economic stability. The findings highlight the importance of integrating strategy with control capacity to prevent corporate collapse.

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