Fraudulent Practices and Organizational Sustainability in Nigeria (A Case Study of Some Organisations in Oyo)

Fraudulent practices pose a significant threat to organizational sustainability in Nigeria, undermining economic growth, social stability, and environmental protection. This study examined Fraudulent Practices and Organizational Sustainability in Nigeria and also dig into those factors that may lead employees to committing fraud and possible way out in Nigeria. The specific objectives were to evaluate the impact of fraud on business organization and also, to find out reasons and prevention for such situation in an organization.

The Research designs used in carrying out this research work is survey research in order to investigate the behavioral phenomenon. The population for the study is selected from the low cadre staff of five different private organization and institution in Nigeria. Thus, the sample size of the study is chosen to be (100) respondent from the population. Statistical technique was used in analyzing the data obtained through questionnaire which was distributed among the five selected organization and institution. Table and percentage were used to analyze data collected While Z-test was used to test the hypothesis.

This study establishes the fact that fraud has a negative effect on the organization success and sustainability. Also, the study establishes the fact that poor remuneration is one of the key factors that leads employee of organization to fraud. Nevertheless, the result of one of the hypotheses tested prove that alongside with other factors already established by other researcher Payment of sustainable take home is an effective way of reducing employee fraud in Nigeria.