The Impact of Bank Fraud on Financial Institutions in Nigeria

10 Pages Posted: 16 Dec 2012 Last revised: 4 Jan 2013

See all articles by Kehinde A. John

Kehinde A. John

National Open University of Nigeria

Date Written: May 16, 2012

Abstract

This research project elicits information on the impact of bank fraud on financial institutions in Nigeria since one of the major stockholders in the growing economy is those in the financial sector and fraud a phenomenon that can not be totally eradicated but controlled has bedevilled its performance in terms of productivity and profitability. Data were gathered through the survey design and analysed using the statistical package for social sciences (SPSS). The findings and the tested hypothesis using Chi-square (x2) show that there was a significant relationship between the existence of fraud and productivity in the financial institution.

Keywords: Bank, Financial, Fraud, Impact, Institution and Nigeria

JEL Classification: Y40

Suggested Citation

John, Kehinde A., The Impact of Bank Fraud on Financial Institutions in Nigeria (May 16, 2012). Available at SSRN: https://ssrn.com/abstract=2190089 or http://dx.doi.org/10.2139/ssrn.2190089

Kehinde A. John (Contact Author)

National Open University of Nigeria ( email )

14/16 Ahmadu Bello Way
Victoria Island Lagos
Lagos Island, LA Lagos 23401
Nigeria
08062811882 (Phone)

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