The study is concerned with an investigation into found and financial Malpractices as a leading factor in Business failure – A case study of Nigerian Telecommunication Ltd (NITEL)
By way of background, the study commenced with an overview of the business environments and its effects on business growth and survival.
Using NITEL as a case study it was established that in spite of its privatisation. NITEL is still saddled with the problem of bad image arising mostly from fraudulent practices
With the above stated problem, the specific objectives of the study were.
I To ascertain why NITEL Ltd is still saddled with problem of fraudulent practices.
Ii To determine whether there is significant weakness in NITEL internal control system.
Data collection were analysed using weighted mean and standard deviation suing T-test statistical analysis. Majors findings of the study were.
I The study revealed that the NITEL is unable to achieve its objective
Ii It was also revealed that found and financial malpractices was the most important factors that has contributed to poor performance of NITEL.
At the end, the following recommendations were made:
I NITEL management should design appropriate policies.
Ii The organisation should also strengthened its internal control system.
TABLE OF CONTENTS
Title page i
Approval page ii
Table of contents v
List of tables viii
1.1 Background to the study 1
1.2 Statement of the problem 3
1.3 Objective of the study 3
1.4 Scope of the study 4
1.5 Research question 4
1.6 Research hypothesis 5
1.7 Significance of the study 6
1.8 Definition of terms 7
Review of related literature 9
2.1 Definition of Distress/failure of a corporation 9
2.2 Causes of Business failure 12
2.3 Summary of related reviewed literature. 28
Research design and methodology 30
3.1 Research Design 30
3.2 Area Of Study 30
3.3 Population of the study 30
3.4 Instrument for data collection 34
3.5 Validity of the instrument 35
3.6 Reliability of the instrument 35
3.7 Method of administration of
the research instrument 36
3.8 Method of data analysis 36
Data presentation and results 38
Research question 1 41
Research question 2 43
Research question 3 46
Summary of results/findings 49
Discussion of results, conclusions
Implications and recommendations 51
5.1 Discussion of findings 51
5.2 Conclusions 53
5.3 Implications of the study 54
5.4 Recommendations 54
5.5 Suggestion for further study 56
5.6 Limitation For The Study 56
Appendix A 59