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FRAUD AND BANK PERFORMANCE NEXUS. EVIDENCE FROM NIGERIA USING VECTOR ERROR CORRECTION MODEL

Journal of Business and Finance

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Title FRAUD AND BANK PERFORMANCE NEXUS. EVIDENCE FROM NIGERIA USING VECTOR ERROR CORRECTION MODEL
 
Creator Muritala, Taiwo A.
Ijaiya, Muftau A.
Adeniran, Damilola S.
 
Subject Fraud; Bank Performance; Econometrics; NDIC; Nigeria
 
Description This study, through the use of Vector Error Correction Model, dwell on the fraud triangle theory developed by Cressey, (1971) in examining the impact of fraud on bank performance in Nigerian banking industry using quarterly data spanning from 2000 to 2013.The study found out that the number of staff involved in fraud has a significantly positive impact on the return on asset while the fraud perpetrated and the amount involved in fraud perpetration both have negative impact on bank performance. The expected coefficient of the (VECM) result shows that there is a short run dynamic effect of the changes on the return on asset meaning that the variables adjusted to correct the imbalances in the fraudulent banking environment. Therefore, the study recommends that banks need to strengthen their internal control systems to be able to detect and prevent fraudulent activities and to protect its assets in the banking industry in Nigeria.
 
Publisher Journal of Business and Finance
 
Contributor —
 
Date 2017-06-17
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
application/octet-stream
 
Identifier http://www.escijournals.net/index.php/JBF/article/view/1597
 
Source Journal of Business and Finance; Vol 3, No 1 (2017): J. Bus. Financ.; 21-29
2305-1825
2308-7714
 
Language eng
 
Relation http://www.escijournals.net/index.php/JBF/article/view/1597/1021
http://www.escijournals.net/index.php/JBF/article/view/1597/1024
http://www.escijournals.net/index.php/JBF/article/downloadSuppFile/1597/294
 
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