The impact of external factor on bank fraud prevention and the role of capability element as moderator in Saudi Arabia banking sektor

• Main Authors: Baz, Rayaan, Samsudin, Rose Shamsiah, Che Ahmad, Ayoib
• Format: Article
• Language: English
• Published: Asian Academic Research Associates 2017
• Subjects: HF5601 Accounting; HG Finance
• Online Access: http://repo.uum.edu.my/22407/1/AARJSH%204%203%202017%20Abstract.pdf; http://repo.uum.edu.my/22407/; http://www.asianacademicresearch.org/2017_paper/march2017/8.pdf

There are various fraud incidences in banks and they normally vary in nature, characters and also methods of perpetration.In terms of perpetration, banking fraud are commonly grouped into external fraud, internal fraud and mixed fraud when both internal and external parties colluded with each other. This paper talks about the effect of external factors considers on fraud prevention to examine the directing impact of capacity component of extortion on external factors and fraud prevention in the Saudi bank system This paper discusses the impact of external industry factors on fraud prevention with the primary aim to investigate the moderating effect of capability element of fraud on external industry factors and fraud prevention in the Saudi Arabian banking sector. Adopting a survey method, the respondents of this study are bank staff at various administrative levels in the Saudi Arabian banking sector. Study is expected to indicate that there is a positive relationship between external industry factors on fraud prevention in the Saudi Arabian banking sector. The aim of the survey is to determine the cause of frauds and the role that is played by external factors on preventing and curbing fraud and also the role of capability element in dealing with fraudulent activities.