sitelogo
 Home»Accountancy» The impact of bank fraud and distress on banking performance in Nigeria

The impact of bank fraud and distress on banking performance in Nigeria

 Department:Accountancy  
 By:usericon bapatigi7954  

fblog
   Rating:  (5.0) votes1
   Rate this project   
   Price:₦2000
Abstract
Fraud is an epidemic dimension that has eaten deep into the banking sector as well as the entire economy. Its devastating effect manifests itself in the deteriorating balance sheet of banks as well as in economic backwardness. As a result, measures to eradicate fraud in banking sector become a central focus of the government and the monetary authorities. It was against this backdrop that this study was aimed at providing empirical evidence on the effect of fraud on the performance of banks. Data for the analyses were obtained from primary data through questionnaires and secondary data from Nigeria Deposit Insurance Corporation (NDIC) Annual Report. Four hypotheses were formulated to access the impact of looting of the fund, social and environmental factors, motivation and government effort on the effect of fraud on banks performance in Nigeria. These were tested with simple percentages and chi-square (x2) statistical technique at a 5% significance level. Results showed that lack of adequate motivation is not a major cause of fraud in banks, looting of funds by bank managers and directors constitutes the major form of fraud in Nigeria, government effort and its agencies have negatively impacted on combating fraud in Nigeria and environmental or social factors have a negative impact on bank fraud. On the basis of findings, it is recommended that government should make their impact to be felt in combating fraud by establishing more agencies for combating frauds....
Preview +
Other Accountancy project topics and materials you might be interested in
»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu)
»The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )
»Internal control as a tool for improving profitability
»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )
»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )
»The Impact of product development on banks performance ( A Case study of first bank plc )
»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state)
»The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )
»Auditing in Nigeria companies, problems and prospects
»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )
»Value added tax (VAT) in Nigeria. Merging problems and prospect presented.
»The role of capital market in a developing economy ( A case study of the Nigeria stock exchange )
»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )
»Financial strategies for small-scale business in Nigeria. Problems and prospects
»Effects of information technology on the efficiency of tax administration in Nigeria

UPLOAD A PROJECT

Do you have project materials to share? Upload and earn with it.