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WHITE-COLLAR CRIMES AND THE EFFICIENCY OF SELECTED GOVERNMENT PARASTATALS IN NIGERIA
Festus Oladipupo Olaoye 1 ; Adebola Daniel Kolawole 22 Department of Accounting, Afe Babalola University, Ado-Ekiti, Nigeria.
Article Id - IJM_12_04_008, Pages : 74-83, Date of Publication : 10, April 2021
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Abstract
This study considers the effect of white-collar crimes on the efficiency of government parastatals in Nigeria. The specific objectives of the study were to examine; the level of operational efficiency of government parastatals in Nigeria, the level of prevalence of white-collar crimes among government officials, and the various levels of legal and institutional frameworks established by government in combating white-collar crimes. The study was anchored on the concepts of white-collar crimes as it relates to national development. A survey research design was employed to elicit information from randomly selected respondents. The data obtained were analysed using multiple regression technique. Results from the study revealed that the combined influence of Embezzlement (Ez) and Bribery (Br) on efficiency of selected government parastatals is significantly positive (F= 83.37, p value = 0.000 < 0.05. Also, each component of white collar crimes (WCC) employed in the study - Embezzlement (Ez) (t = 6.175, p < 0.05) and Bribery (Br) (t = 3.222, p < 0.05) had significant effect on the efficiency of government parastatals in Nigeria. The study seeks to prompt management of government parastatals towards providing adequate measures that will effectively combat the menace of white collar crimes. The study therefore contributed to the link between corrupt practices prevalent in government parastatals and national development by revealing how white-collar crimes results in operational inefficiency of government parastatals in Nigeria.
Keywords
Embezzlement; Fraud; Bribery
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Fair Dealing - Authors and Publisher
When an author submits a manuscript for review at one of IAEME`s journals, the submitted manuscript should not have been previously published in any form and must not be currently under consideration for publication elsewhere. The manuscript should also not be submitted to any other journal during the review process at IAEME Publication. In case the review process at IAEME takes much longer than stated and the author wishes to end the review process at IAEME, he/she should get in contact with the Editorial Assistant of the journal at IAEME and come to an agreement suitable for both sides after looking at the stage of the manuscript in the review process.
With the APC specified above, the author is given an indication what the APC will be. IAEME is charging Publication Fees (APC) but not Submission Fees. This is to the benefit to authors because payments are only due once the author knows the manuscript is accepted. IAEME with editors and reviewers puts much effort in dealing with the manuscript and expects the authors to stick to the common plan of publishing the paper which is linked to payments of APC as given above at the end of the review process. The author is not legally bound at this time, but it would be seen as a strong breach of academic conduct to back off from the publication process. Once the manuscript is accepted for publication, IAEME will issue an invoice in the Paper Submission and Manuscript Tracking System. This is IAEME `s legal offer and will state the regular APC of the journal. The Corresponding Author is expected to arrange payments of the amount stated at this time. In severe cases IAEME `s Complaints Procedure can be followed and the result of this should be binding to the author.
Refund Policy
Once an article has been accepted for publication, any Article Processing Charges on the article become due. The submitting author accepts responsibility for the Article Processing Charges, and will not issue refunds of any kind except those payments made by mistake or in excess of the amount required.
The topics to be covered by this journal include but are not limited to the following fields:
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• Management Information System • History |
• Production and Operation Management • English • Social Science |