Corporate governance as a measure for detecting and preventing fraud in the Nigeria banking industry ( A case study of three banks 2003 - 2008 ) Department: Banking and Finance By: felix123 Project ID: 153 Rating: (3.2) votes: 117Rate this project12345 Price:₦1000 Get the Complete MaterialAbstractThis research work focused on corporate governance as a measure for detecting and preventing fraud in the Nigerian banking industry. The problem of fraud has been identified to be the greatest problem that bedevils our banking industry. Fraud in our banking sector comes in different dimension and has been identified as one of the major cause of banks distress in Nigeria. Before the banking reforms. The researches carried out revealed the high incidence of fraud in the banking sector which have been primarily due to weak internal control system in to the banking daily operation. It highlighted corporate governance as a measure for detecting and preventing fraud in the Nigerian banking industry using Oceanic bank Plc, First Bank Plc and Intercontinental Bank Plc as test case or an inevitable tool for a successful banking operation. In the course of carrying out this research work data was collected from both primary and secondary source. Primary sources of data includes administrative questionnaire and personal interview while secondary source of data include. Textbooks, Journals, Newspaper, Magazine etc. the methodology used includes the collection of data through the use of questionnaire the data collected was analyzed, interpreted and presented using the Chi- square table. The sample size use is 20. However, conclusion were drawn and recommendations were also drawn which states that Banks should critically examine options for preventing and timely detection of fraud and forgeries, as these are likely to dissuade the would be perpetrators. Also deterrent punishment should be spelt out by the legal authority to minimize fraud perpetration. Etc. The researcher is of the view that if the recommendations made in chapter five are adhered to, fraud will be minimized in the banking industry and national economy as a whole. ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)