Capability Component of Fraud and Fraud Prevention in the Saudi Arabian Banking Sector

International Journal of Economics and Financial Issues, Vol. 6 (S4), Pp. 68-71, Forthcoming

7 Pages Posted: 19 Jul 2016

See all articles by Rayaan Baz

Rayaan Baz

Universiti Utara Malaysia

Rose Shamsiah Samsudin

Universiti Utara Malaysia, College of Business, School of Accountancy

Ayoib Che-Ahmad

Universiti Utara Malaysia

Oluwatoyin Muse Johnson Popoola

Universiti Utara Malaysia

Date Written: July 5, 2016

Abstract

Fraud is a fundamental problem with every financial institution in the world, and Saudi Arabian banking sector is not immune to this malaise. Advances in technology that have led to the development of electronic banking have created new challenges for preventing fraud in the banking sector. This study develops a conceptual framework that can be used by banks in Saudi Arabia to prevent fraud in light of the capabilities of bank staff to perpetuate fraud. The respondents of this study are personnel in different managerial level in the Saudi Arabian banking sector. However, the limitation of the study is that it targets banking personnel in Saudi Arabia only. As an expectation, there will be a positive relationship between capability component of fraud and bank-related fraud prevention in the Saudi Arabian banking sector.

Keywords: Fraud, Bank Related Fraud Prevention, Capability Component, Saudi Arabia

JEL Classification: M41, M42, M43, M49

Suggested Citation

Baz, Rayaan and Samsudin, Rose Shamsiah and Che-Ahmad, Ayoib and Popoola, Oluwatoyin Muse Johnson, Capability Component of Fraud and Fraud Prevention in the Saudi Arabian Banking Sector (July 5, 2016). International Journal of Economics and Financial Issues, Vol. 6 (S4), Pp. 68-71, Forthcoming , Available at SSRN: https://ssrn.com/abstract=2810745

Rayaan Baz

Universiti Utara Malaysia ( email )

Sintok
COLGIS, UUM
Sintok, KY KEDAH DARUL 06010
Malaysia

Rose Shamsiah Samsudin

Universiti Utara Malaysia, College of Business, School of Accountancy ( email )

Sintok, Kedah 06010
Malaysia
+60194774267 (Phone)

Ayoib Che-Ahmad

Universiti Utara Malaysia ( email )

Sintok, Kedah 06010
Malaysia
+6049287228 (Phone)

Oluwatoyin Muse Johnson Popoola (Contact Author)

Universiti Utara Malaysia ( email )

Sintok, Kedah 06010
Malaysia
+60164354874 (Phone)
+6049287216 (Fax)

HOME PAGE: http://ssrn.com/author+2390979

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