0704-883-0675     |      dataprojectng@gmail.com

A SOCIOLOGICAL ANALYSIS OF FRAUD AMONG EMPLOYEES OF SELECTED COMMERCIAL BANKS IN KADUNA METROPOLIS

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This research is entitled ‘A Sociological Analysis of Fraud among Employees of Selected Commercial Banks in Kaduna Metropolis’. The indispensability of commercial banking institutions in any nation’s economy cannot be over emphasized. Unfortunately, the Nigerian commercial banking institutions have been ravaged with cases of fraudulent activities, being perpetrated by some of their fraudulent employees. Consequentially, the myriad of fraudulent practices among employees is posing a serious threat to the sustainability and liquidity of commercial banks. Hence, the objectives of this study are to identify the nature of fraud, the causes of fraud, the consequences of fraud and to suggest solutions to fraud among employees of commercial banks in Kaduna metropolis. Relevant Literature was reviewed in line with the research objectives and Robert K. Merton strain theory was adopted for this study. Both quantitative and qualitative methods of data collection was adopted for the study. The quantitative data was analyzed using SPSS version 22.0 to generate frequency and percentage. Also, chi square was used test the significant of the relationship between the variables while the qualitative data was content analyzed. Thus, findings revealed that the respondents strongly agreed that unauthorized transaction is associated with fraud and the majority (42.6%) of the respondents pointed out that computer fraud, nip baud fraud as well as internal and external fraud is the most common types of fraud practiced in commercial banks. It was also discovered that the majority of the respondents sees inadequate salaries, greed and unethical behaviour as the most important reasons why employees often engage in fraudulent activities within commercial banks. Furthermore, it was found that liquidation, profit and financial loss of commercial banks were the major negative consequences of fraud in commercial banks. In addition, the hypothesis test revealed that there is a significant relationship between the nature of fraud and causes of fraud among employees of commercial banks. Also, there is a significant relationship between banking department and the types of fraud committed among employees of commercial banks. The study recommends financial motivation for employees, background check for employees before recruitment, periodic update of information technologies, good customer relationship, insuring of bank deposit, strengthening of the treasury single account across the state, external audit of commercial banks, forensic investigation and quick justice dispensation for fraudulent employees as a panacea to end fraud in commercial banks.




FIND OTHER RELATED TOPICS


Related Project Materials

STRATEGIES TO ENHANCE COMPUTER SCIENCE EDUCATION IN COLLEGE OF EDUCATION

BACKGROUND OF THE STUDY

Education is one of the basic rights of every individual. Education prepares a...

Read more
THE EFFECT OF RURAL POVERTY ON ENVIRONMENTAL DEGRADATION

Abstract

The study on the effect of rural poverty on the environmental degradation was carried out to determine the impact farming practi...

Read more
ATTITUDINAL APPROACH OF GRADUATES AND UNDERGRADUATES TO EDUCATIONAL RESEARCH: A CLEAR INDICATION OF DOWNWARD TREND IN EDUCATIONAL SYSTEM

Abstract

Attitudinal approach of graduates and undergraduates to educational research:  a clear indication of downw...

Read more
THE DESIGN AND IMPLEMENTATION OF SOFTWARE FOR AUTOMOBILE INSURANCE SCHEME IN NIGERIA

ABSTRACT

The broad objective of this study focused on the design and implementation of software for automobile insurance...

Read more
CHALLENGES AND PROSPECT OF ICT AND SECRETARIAL PROFESSION

​​​​​​​BACKGROUND OF THE STUDY

In the twenty-first century, information and communication technology ha...

Read more
EXAMINING E-NAIRA AWARENESS IN NIGERIA'S RURAL DEMOGRAPHICS

Background of the study

“Rural” means open land and tiny settlements in general, although "rural areas&...

Read more
AN EXAMINATION OF THE ROLE OF FISCAL POLICY IN THE DEVELOPMENT OF NIGERIA ECONOMY

ABSTRACT

This research work was und...

Read more
A LINGUISTIC ANALYSIS OF METAPHORS IN THE POETRY OF NIYI OSUNDARE

ABSTRACT

Poetic discourse has always been considered an important aspect of discursive practices that presents a scholarly approach to cr...

Read more
DOMESTIC VIOLENCE AGAINST WOMEN IN NIGERIA EXPERIENCE

​​​​​​​Background of the study

Apart from CEDAW and other international instruments which Nigeria is signatory to laws t...

Read more
THE PROBLEMS OF EMPLOYEES TRAINING AND DEVELOPMENT IN THE PUBLIC SECTOR

Abstract

This work tends to examine the problems of employee training and development in public sector a case study of m...

Read more
Share this page with your friends




whatsapp