Fraud and bank performance in Nigeria: VAR granger causality analysis

Artikel

This paper examines the causality between fraud and bank performance in Nigeria over the period 2000-2016 for quarterly financial data using Johansen's Multivariate Cointegration Model and Vector Autoregressive (VAR) Granger Causality analysis. The results show a long-run relationship between the variables. Bank performance was found to be linked to Granger fraud variables and vice versa at 10% significant level. This study reveals that there was a direct causal relationship between bank performance and fraud because increase in fraudulent activities in the banking sector leads to reduction in bank performance. Hence, this study recommends that internal control systems of banks should be strengthened so as to detect and prevent fraud. In this way, bank assets would be protected.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Financial Internet Quarterly ; ISSN: 2719-3454 ; Volume: 16 ; Year: 2020 ; Issue: 1 ; Pages: 20-26 ; Warsaw: Sciendo

Classification and Topics

• Classification: Wirtschaft ; Econometrics ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Corporate Finance and Governance: General ; Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance ; Economywide Country Studies: Africa
• Subject: Granger Causality ; Fraud ; Bank Performance ; NDIC ; Nigeria

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Taiwo, Adewale Muritala ; Ijaiya, Muftau A. ; Afolabi, Olatanwa H. ; Yinus, Abdulrasheed B.
• Event: Veröffentlichung
• (who): Sciendo
• (where): Warsaw
• (when): 2020

Further information

• DOI: doi:10.2478/fiqf-2020-0003
• Handle: http://hdl.handle.net/10419/266832
• Last update: 10.03.2025, 11:41 AM CET