FRAUD AND FINANCIAL MALPRACTICE AS A LEADING FACTOR IN BUSINESS FAILURE A CASE STUDY OF NIGERIAN TELECOMMUNICATION [NITEL] ENUGU

ABSTRACT
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. ITo ascertain why NITEL Ltd is still saddled with problem of fraudulent practices.     IiTo 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. IThe study revealed that the NITEL is unable to achieve its objective IiIt 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: INITEL management should design appropriate policies.  IiThe organisation should  also strengthened its internal control system. 
TABLE OF CONTENTSTitle pageiApproval pageiiDedicationiiiAcknowledgementivTable of contentsvList of tablesviiiAbstractix
CHAPTER ONEINTRODUCTION11.1Background to the study11.2Statement of the problem31.3Objective of the study31.4Scope of the study41.5Research question41.6Research hypothesis51.7Significance of the study61.8Definition of terms7
CHAPTER TWOReview of related literature92.1Definition of Distress/failure of a corporation 92.2Causes of Business failure122.3Summary of related reviewed literature. 28
CHAPTER THREEResearch design and methodology303.1Research Design303.2Area Of Study303.3Population of the study303.4Instrument for data collection 343.5Validity of the instrument353.6Reliability of the instrument353.7Method of administration of the research instrument363.8Method of data analysis36
CHAPTER FOURData presentation and results38Research question 1 41Research question 2 43Research question 3 46Summary of results/findings49
CHAPTER FIVEDiscussion of results, conclusionsImplications and recommendations 515.1Discussion of findings 515.2Conclusions 535.3Implications of the study 545.4Recommendations 545.5Suggestion for further study 565.6Limitation For The Study 56References 57Appendix A59