Sep 2026· International Review of Management and Marketing· Vol 16, pp. 139-153· 0 citations
Abstract
Procurement fraud significantly threatens healthcare delivery in developing economies, yet its financial impacts are underexplored This study examined procurement fraud in public health facilities across Ghana’s Bono Region, using the fraud triangle and fraud diamond theories A survey of 240 staff from procurement, finance, and management departments in eight districts revealed that 75 4% perceived procurement fraud as common, with inflated pricing (25 0%) and kickbacks (20 8%) most prevalent Analysis showed strong correlations between procurement fraud and financial losses (r = 0 872), rising operational costs (r = 0 928), and reduced service quality (r = 0 768) Every 1% increase in procurement fraud corresponded to a 4 2% rise in financial losses Contributing factors included weak internal controls, poor transparency, and external pressures The study recommends robust procurement procedures, clear duty segregation, and comprehensive fraud risk management to mitigate these impacts and improve financial performance in health sector.
Procurement activities constitute a significant portion of organizational expenditure in
Nigeria, accounting for approximately 10-15% of GDP in the public sector and 60-70% of
operational expenses in the private sector. Despite the enactment of the Public Procurement
Act 2007, public procurement continues to face ch...
D. N. Okereke· JOURNAL OF PUBLIC ADMINISTRA...· 0 citations
Purpose: Commercial Government-Owned Entities (GOEs) in Kenya are expected to generate revenue, support economic development and use public resources efficiently, yet about 60 per cent continue to record weak financial results. This study examined the influence of compliance risk management on their financial performan...
Kipruto Billy, M'ithiria Esther Nkatha, Githui Thomas· International Journal of Fin...· 0 citations
Accounting information serves as the cornerstone of financial decision-making for internal and external stakeholders. However, traditional auditing methods often struggle to mitigate complex financial misstatements and fraud in increasingly dynamic business environments. This study investigates the role of risk-based a...
B. T. Silaban, Gratia Tehilla Yustus, Deka Veronica et al.· Jurnal ekonomi dan manajemen· 0 citations
Financial fraud remains a constant and evolving threat to U.S. financial institutions, damaging market integrity, diminishing public trust, and causing significant economic losses. Internal control systems serve as the first line of defense against such fraud, yet many institutions still face control failures that allo...
Abdoulie K Darboe· Radiant Journal of Business...· 1 citation
Background: Financial statement fraud can materially distort stakeholders' assessment of corporate performance and remains difficult to detect when managerial incentives and monitoring weaknesses coexist.
Objective: This study examined the effects of Fraud Star elements—pressure, opportunity, rationalization, capabilit...
Ibnu Aburizal Nashruddien, A. Juanda, Eko Handayanto· Journal of Business, Social...· 0 citations
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