Bako Elisha Danazumi1, Maklu Nanteer Yonla2 , Gani Bizum Joseph3, Maren Isah Maram4 and Abdulkarim Gambo Ahmed5 1,2&3
Department of Accounting, Plateau State University, Bokkos 4Department of Accounting Plateau State University, Bokkos 5 Human Resources Development Centre, Plateau State Polytechnic, Barkin-Ladi
ABSTRACT
The study seeks to establish the contribution effect of anti-fraud policy mechanisms on the financial performance of a selected banks in Nigeria, using First Bank Jos Main Branch as the study context. The survey was collected through a primary field data, i.e. a questionnaire survey was gathered from forty bank respondents operating in Jos main branch. The study employed a hierarchical regression analysis to establish the contribution effect of the study variables. The results discovered that anti-fraud policy mechanisms on financial performance has a greater contribution effect on financial performance (R2change =54.5%) compared to internal control (R2change =19.2%).
The results suggest that anti-fraud policy mechanisms matter a lot in explaining variations in the financial performance of banking industries. Hence, the originality of this study lies in the fact that previous studies investigated the relationship between the five dimensions and also studies in different context on financial performance have frequently missed the reality of the three dimensions and study in Nigeria on banking industry financial performance.
Key words: Trust, Repurchase Intention and Customer Patronage