Effect of fraud on organisational performance case study of banking sector

Total deposit of distressed bank in billon Naira. As a matter of fact, the non-performing risk assets of distress bank are always higher than amount requires recapitalizing them. Bank staff nowadays carefully colludes with outside to defraud the bank and directors or managers collude with some management staff for that purpose.

Effect of fraud on organisational performance case study of banking sector

The purpose of the study is to find out the effects of bank fraud on the performance of banking industry. The specific objective of the study is to evaluate the effects of fraud on the financial performance of the banking industry.

The researcher used description survey in the research and questionnaire which was the main instrument of the study was administered to 27 respondents comprising Directors, managers, cashiers, supervisors, clerks and uncategorized staff management who were used.

The researcher analyzed the data collected using percentages. Major findings of the study were that fraud is the main causes of bank distress in our banking industry. Similarly, the capital bases of the bank have been affected as a result of fraud and the liquidity position of the bank is affected.

In considering the result of the study it is obvious that fraud affects the bank to the extent that they constitute risky variables between the bank and the growth expansion development but fraud is a problem which negatively affects banking performances thus inhibiting economic development.

It is a major predator of the business world and unyielding factor to all investment of human endeavors. Perhaps because fraud has received an extensive attention in the academic circles and, due largely to fact it has been over flogged in Nigeria, it has a definitional problem.

Internationally, no precise legal definition of fraud exists Dye in Shah Hornby defined fraud as criminal deception. On the other hand, Ovuakprie sees bank fraud as any activity that lead to dishonest or unfair dealing. In its lexical meaning fraud is an act or course of deception of trickery deliberately practiced in order to gain some advantage dishonestly.

Fraud includes deception, bribery, forgery, extortion, corruptions, theft, conspiracy, embezzlement, misappropriation, false representation, concealment by bad faith, dishonesty, unfairness, unfaithfulness, perfidy, and the likes.

In all cases, it involves a person or persons in public office and it is always aimed at receiving financial benefit either immediately or in future. It spoils, taints, deprives, destroys or degenerates a hitherto legally thriving system.

The higher turnover of the problem is capable of seriously undermining the growth and development of banks. Nigerian Deposit Insurance Corporation NDIC reported that the total causes of bank frauds and in Nigeria in commercial and merchant banks as December amounted to N1 billion out of which This alarming degree of distresses created a great fear on banking and confidence was lost by the potential customer, especially the shareholders.

Effect of fraud on organisational performance case study of banking sector

It is based on the forging that this project is essential. The Effect of Fraud on the Performance of the Banking Industry in Nigeria — Statement of Problem The banking industry though has been giving out its vital functions of being a change off in economic development of Nigeria in all branches, yet its operation over years not all that healthy.

This is because of the most dangerous incidence of fraud and other sharp practices. This divulges that the environment for bank business in Nigeria nowadays is risky and disastrous. This is so because of irregularities and malpractices.

In order to regulate economy like ours, this unappealing trend seems capable of reducing the increase or growth of banks. Today, many banks cover up from being identified. They would rather leave the fraudster with his loot than losing their trust among customers.

In the explanation of above, fraud appear to constitute risky variable that stand between banks and their progress. Banks now have the dilemma of losing over N3. In spite of all these however, there has been an increase in the number of bank in fraudulent act. The Effect of Fraud on the Performance of the Banking Industry in Nigeria — Objective of Study The general objective of this study is to evaluate the effects of fraud on the performance of the banking industry in Nigeria.

The specific objectives involved: To determine the effects of fraud on the profitability of banks. To ascertain the effects of fraud on the capital base of banks. To determine the effect of fraud of the liquidity position of banks. The Effect of Fraud on the Performance of the Banking Industry in Nigeria — Research Questions Based on the bank fraud, the following questions were been entertained with regards to its effects on the banking industry performance ECO Bank Abakaliki branch is the sample of the study.

To what extent does fraud affects the profit level of bank? How does fraud affects capital base of bank? To what extent has fraud affected the liquidity position of banks? Formulation of Research Hypothesis Based on the research questions formulated it is hypothesized that: Bank fraud has not in any way affected the profit level of banks.

Bank fraud has affected the profit level of banks. Bank fraud does not affect the capital base of banks. The capital base of the banks has affected by bank fraud. Fraud has not affected the liquidity position of banks.THE EFFECT OF FRAUD IN COMMERCIAL BANKS (A STUDY OF FIRSTBANK OF NIGERIA PLC) Download.

OBJECTIVES OF THE STUDY The objectives of the study are to find out the effect that bank fraud have on the performance of the banking industry.

It is to evaluate the effects of fraud on financial performance of banking . Impact of E-HRM System on Organizational Performance: A Case study on Banking Sector Preeti Bharti trace the emergence of e-HRM practices in banking sector and to find out the impact of E-HRM System on organizational performance and to offer.

Effect of fraud on organisational performance case study of banking sector

how much each of these variables influences the job satisfaction of employees in banking sector, and then how this level of job satisfaction brings effect on employees’ job performance. RESEARCH METHODOLOGY The study used descriptive survey design.

. Bank Fraud and How it Affects the Banking Industry (A Nigeria Case Study) Bank Fraud in Nigeria – In verifying Bank Fraud, its effects on banking industry performances the researcher reviewed the related literature under the following sub-headings.

Effect Of Fraud On Organisational Performance Case Study Of Banking Sector. high important. These days, business environment has changed dramatically.

It is believed that organisational behaviour is one of the main areas for potential improvement in order to run a sustainable business (Robbins et al , p.8). The Effect of Fraud on the Performance of the Banking Industry in Nigeria – Objective of Study.

The general objective of this study is to evaluate the effects of fraud on the performance of the banking industry in Nigeria. The specific objectives involved: 1. To determine the effects of fraud on the profitability of banks.

2.

The Impact of Fraud Management on Organizational Survival in Nigeria