Evaluating the Impact of Payroll Fraud on Organizational Performance Case study of Stanbic Bank-Head Office
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Date
2024-09-02
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Uganda Christian University
Abstract
The influence of payroll fraud on organizational performance: a case of Stanbic Bank-Head
office. The general purpose of this research is to establish the influence of payroll fraud on
ghost workers, false wage claims, and false expense claims. Pursuing the objectives of this
research, a survey design was undertaken and questionnaires with 5-point Likert summated
rating scales were used. It was analyzed based on multiple regression analysis, and it has
identified the result that ghost workers, false expense claims, and false wage claims are found
to be the major factors affecting the organizational performance at Stanbic Bank- Head office.
Increase in ghost workers negatively affects the organizational performance of Stanbic Bank
but not significant when measured against the false expense claims and false wage claims. This
means that Stanbic Bank may not grow into developing the potential to help reduce or eradicate
unemployment if pragmatic decisions are not taken concerning this. The findings of the paper
concluded that proper management of variables on payroll fraud should be encouraged in the
Bank.