International Journal of Multidisciplinary Research and Development

E- ISSN: 2349-4182
P- ISSN: 2349-5979

Vol. 6, Issue 1 (2019)

The effect of fraud risk management, risk culture and performance of banking sector: A conceptual framework

Author(s): Umaru Hussaini, Arpah Abu Bakar, Muhammad-Bashir Owolabi Yusuf
Abstract: Bank fraud and the fall of world-leading business organizations have triggered scholars and professionals to re-examine the link between fraud risk management, and the bank's performance. The purpose of this paper is to propose a conceptual framework for measuring fraud risk management (preventive, detective, and responsive fraud risk management), risk culture and bank performance which could be used by banks and regulatory bodies. By theoretically review the relationship between fraud risk management, risk culture, and bank performance by suggesting future research agenda in the area. From the comprehensive review of past researchers in this area, it is found that fraud risk management has a positive relationship with bank performance. Similarly, evidence has shown that risk culture influence bank’s performance. As studies that link fraud risk management, risk culture and bank performance are rare this paper will be pioneering in the relationship; this may in a long way aid in making various business decisions.
Pages: 71-80  |  432 Views  179 Downloads
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