The Impact of Bank Fraud on Financial Institutions in Nigeria
10 Pages Posted: 16 Dec 2012 Last revised: 4 Jan 2013
Date Written: May 16, 2012
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: Suggested Citation