FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU

ABSTRACT

The study is concerned with an investigation into found and financial Malpractices as a leading factor in Business failure – A case study of Nigerian Telecommunication Ltd (NITEL)

By way of background, the study commenced with an overview of the business environments and its effects on business growth and survival.

Using NITEL as a case study it was established that in spite of its privatisation. NITEL is still saddled with the problem of bad image arising mostly from fraudulent practices

With the above stated problem, the specific objectives of the study were.

ITo ascertain why NITEL Ltd is still saddled with problem of fraudulent practices.

IiTo determine whether there is significant weakness in NITEL internal control system.

Data collection were analysed using weighted mean and standard deviation suing T-test statistical analysis. Majors findings of the study were.

IThe study revealed that the NITEL is unable to achieve its objective

IiIt was also revealed that found and financial malpractices was the most important factors that has contributed to poor performance of NITEL.

At the end, the following recommendations were made:

INITEL management should design appropriate policies.

IiThe organisation should also strengthened its internal control system.

TABLE OF CONTENTS

Title pagei

Approval pageii

Dedicationiii

Acknowledgementiv

Table of contentsv

List of tablesviii

Abstractix

CHAPTER ONE

INTRODUCTION1

1.1Background to the study1

1.2Statement of the problem3

1.3Objective of the study3

1.4Scope of the study4

1.5Research question4

1.6Research hypothesis5

1.7Significance of the study6

1.8Definition of terms7

CHAPTER TWO

Review of related literature9

2.1Definition of Distress/failure of a corporation 9

2.2Causes of Business failure12

2.3Summary of related reviewed literature. 28

CHAPTER THREE

Research design and methodology30

3.1Research Design30

3.2Area Of Study30

3.3Population of the study30

3.4Instrument for data collection 34

3.5Validity of the instrument35

3.6Reliability of the instrument35

3.7Method of administration of

the research instrument36

3.8Method of data analysis36

CHAPTER FOUR

Data presentation and results38

Research question 1 41

Research question 2 43

Research question 3 46

Summary of results/findings49

CHAPTER FIVE

Discussion of results, conclusions

Implications and recommendations 51

5.1Discussion of findings 51

5.2Conclusions 53

5.3Implications of the study 54

5.4Recommendations 54

5.5Suggestion for further study 56

5.6Limitation For The Study 56

References 57

Appendix A59

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APA

Ugwu, A. (2018). FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU. Afribary. Retrieved from https://afribary.com/works/fraud-and-financial-malpractice-as-a-leading-factor-in-business-failure-a-case-study-of-nigerian-telecommunication-enugu-2922

MLA 8th

Ugwu, Anderson "FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/fraud-and-financial-malpractice-as-a-leading-factor-in-business-failure-a-case-study-of-nigerian-telecommunication-enugu-2922. Accessed 25 Nov. 2024.

MLA7

Ugwu, Anderson . "FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU". Afribary, Afribary, 29 Jan. 2018. Web. 25 Nov. 2024. < https://afribary.com/works/fraud-and-financial-malpractice-as-a-leading-factor-in-business-failure-a-case-study-of-nigerian-telecommunication-enugu-2922 >.

Chicago

Ugwu, Anderson . "FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU" Afribary (2018). Accessed November 25, 2024. https://afribary.com/works/fraud-and-financial-malpractice-as-a-leading-factor-in-business-failure-a-case-study-of-nigerian-telecommunication-enugu-2922

FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU

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