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AN EVALUATION OF FINANCIAL MALPRACTICES ON THE SERVICE PRODUCING COMPANIES OF NIGERIA

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Abstract

The recent occurrence of financial malpractices in the service producing companies in Nigeria has made the country economic condition to be deteriorating on a geometrical bases, this has really caused an adverse effect on the entire economy. Financial malpractices are stooge that has to be up rooted and totally eradicated; else the entire sector of the economy will be eaten up by the menace. This research study is embarked upon to evaluate the effect of financial malpractice on the service producing companies in Nigeria, this study also provide the necessary solution that can be adopted to solve the problem of financial malpractice on the service producing sector of the economy. In doing this, questionnaires were distributed to the staffs and customer of PHCN, which are analyzed and the used as the main research methodology for concluding on the research findings.

TABLE OF CONTENT

 

TITLE PAGE                                                                                             i

 

CERTIFICATION                                                                          ii

DEDICATION                                                                         iii

ACKNOWLEDGEMENT                                                        iv – v

ABSTRACT                                                                            vi

CHAPTER ONE: INTRODUCTION

• BACKGROUND TO THE STUDY 1 – 4
• PROBLEM OF THE STUDY 5 – 6
• OBJECTIVES OF THE STUDY 7 – 8
• STATEMENT OF HYPOTHESES 8 – 9
• JUSTIFICATION FOR THE STUDY 9
• SIGNIFICANCE OF THE STUDY                         10
• SCOPE OF THE STUDY 10-11
• PLAN OF THE STUDY                   10
• DEFINITION OF TERMS 11- 13

 

 

CHAPTER TWO:                         LITERATURE REVIEW

2.1     CONCEPTUAL ISSUES                                          14

2.2     MEANING OF FINANCIAL MALPRACTICES        14-16

2.3     MEANING OF CORRUPTION                                 16-19

2.4     FORMS OF FINANCIAL MALPRACTICES           19-22

2.5     FORMS OF CORRUPTIOIN                                   23-29

2.6     EFFECT OF FINANCIALMALPRACTICES IN

THE SERVICE    COMPANIES                              29-31

• EVILS OF FINANCIAL MALPRACTICES

IN THE SERVICE COMPANIES                                                                                    32-36

• THEORETICAL FRAMEWORK 36
• EFFECTIVE CONTROL OF CORRUPTION 36-43
• CODE OF CONDUCT, ETHICS AND

FINANCIAL MALPRACTICES                              43-45

• NIGERIA AND FINANCIAL MALPRACTICES     46-49
• THE STRUCTURE OF NIGERIA SERVICE

COMPANIES                                                          49-50

• EMPERICAL EVIDENCE 50
• FINANCIAL MALPRACTICES CASES

IN NIGERIA                                                            50-53

2.15 BILLING SYSTEM IN P H C N                               53

2.16 PRIVATIZATION OF POWER HOLDING

COMPANIES OF NIGERIA                                    54-56

CHAPTER THREE: RESEARCH METHODOLOGY

• INTRODUCTION
• RESEARCH DESIGN 57
• SOURCES AND TYPES OF DATA                   57-58
• INSTRUMENTS OF DATA COLLECTION 58
• POPULATION OF THE STUDY 58
• SAMPLING AND SAMPLE SIZE 59
• METHOD OF DATA ANALYSIS       59 – 60

 

CHAPTER FOUR: DATA ANALYSIS AND PRESENTATION

• QUESTIONNAIRE DISTRIBUTION

AND COLLECTION                                                61-63

4.1.1   RESPONDENTS PERSONAL PROFILE                63-98

4.2      TEST OF HYPOTHESIS                                         99

4.2.1   HYPOTHESIS I                                                    99-100

4.2.2    HYPOTHESIS II                                                 100-102

 

CHAPTER FIVE: SUMMARY, CONCUSION

                                 AND RECOMMENDATION

5.1 SUMMARY                                                                103-104

5.2 CONCLUSION                                                        104-105

5.3 RECOMMENDATION                                             105-107

REFERENCE

APPENDIX