Fraud in Nigerian Banking Sector
| Autor: | Sergius Nwannebuike Udeh, James Ike Ugwu |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Box model
Descriptive statistics Good corporate governance business.industry 0211 other engineering and technologies ComputingMilieux_LEGALASPECTSOFCOMPUTING 021107 urban & regional planning Accounting 02 engineering and technology Corporation Banking sector Profit (economics) 021105 building & construction Ordinary least squares Deposit insurance business |
| Zdroj: | International Journal of Academic Research in Business and Social Sciences. 8 |
| ISSN: | 2222-6990 |
| Popis: | The study examined fraud in the Nigerian banking sector. Ex-post facto research design was adopted for the study. Data for the period 2006-2015 were collected from Nigeria Deposit Insurance Corporation (NDIC) annual reports. Data relating to fraud, bank profit, bank assets and bank deposits were collected. Descriptive analysis and Ordinary Least Square (OLS) method of regression analysis were used for the data analysis. It was discovered that fraud has negative but insignificant relationship with bank profit amongst others. This implies that even though as bank fraud increases, bank profit increases, but the amount of fund involved in fraud does not significantly affect bank profit. We recommend amongst others that banks should include the amount involved in fraud in their financial statements and entrench good corporate governance (Fraud Box Model) as the key to lock the fraud -risk factors as contained in fraud diamond. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|