ABSTRACT

The recent occurrence of financial malpractices in the service producing companies in Nigeria has made the country economic condition to be deteriorating on a geometrical bases, this has really caused an adverse effect on the entire economy. Financial malpractices are stooge that has to be uprooted and totally eradicated; else the entire sector of the economy will be eaten up by the menace. This research study is embarked upon to evaluate the effect of financial malpractice on the service-producing companies in Nigeria, this study also provides the necessary solution that can be adopted to solve the problem of financial malpractice in the service-producing sector of the economy.

In doing this, questionnaires were distributed to the staffs and customer of PHCN, which are analyzed and the used as the main research methodology for concluding on the research findings.

TABLE OF CONTENT

TITLE PAGE                                                                                             i

CERTIFICATION                                                                       ii

DEDICATION                                                                            iii

ACKNOWLEDGEMENT                                                           iv - v

ABSTRACT                                                                                vi

CHAPTER ONE: INTRODUCTION

1.1         BACKGROUND TO THE STUDY                                 1 – 4

1.2         PROBLEM OF THE STUDY                                      5 – 6

1.3         OBJECTIVES OF THE STUDY                                    7 - 8

1.4         STATEMENT OF HYPOTHESES                                 8 - 9

1.5         JUSTIFICATION FOR THE STUDY                             9     

1.6         SIGNIFICANCE OF THE STUDY                             10

1.7         SCOPE OF THE STUDY                                          10-11

1.8         PLAN OF THE STUDY                                             10

1.9         DEFINITION OF TERMS                                          11- 13   

                   CHAPTER TWO: LITERATURE REVIEW

2.1     CONCEPTUAL ISSUES                                          14

2.2     MEANING OF FINANCIAL MALPRACTICES        14-16

2.3     MEANING OF CORRUPTION                                 16-19

2.4     FORMS OF FINANCIAL MALPRACTICES           19-22

2.5     FORMS OF CORRUPTIOIN                                   23-29

2.6     EFFECT OF FINANCIALMALPRACTICES IN

          THE SERVICE    COMPANIES                              29-31

2.7          EVILS OF FINANCIAL MALPRACTICES

           IN THE SERVICE COMPANIES                             32-36

2.8         THEORETICAL FRAMEWORK                              36

2.9         EFFECTIVE CONTROL OF CORRUPTION          36-43

2.10     CODE OF CONDUCT, ETHICS AND

          FINANCIAL MALPRACTICES                              43-45

2.11     NIGERIA AND FINANCIAL MALPRACTICES     46-49

2.12     THE STRUCTURE OF NIGERIA SERVICE

COMPANIES                                                          49-50

2.13     EMPERICAL EVIDENCE                                       50

2.14     FINANCIAL MALPRACTICES CASES

         IN NIGERIA                                                            50-53

2.15 BILLING SYSTEM IN P H C N                               53

2.16 PRIVATIZATION OF POWER HOLDING

        COMPANIES OF NIGERIA                                    54-56

                  CHAPTER THREE: RESEARCH METHODOLOGY

3.1          INTRODUCTION                                                                                                       

3.2         RESEARCH DESIGN                                             57

3.3         SOURCES AND TYPES OF DATA                       57-58          

3.4         INSTRUMENTS OF DATA COLLECTION             58

3.5         POPULATION OF THE STUDY                              58

3.6         SAMPLING AND SAMPLE SIZE                             59

3.7         METHOD OF DATA ANALYSIS                                59 - 60

CHAPTER FOUR: DATA ANALYSIS AND PRESENTATION

4.1            QUESTIONNAIRE DISTRIBUTION

           AND COLLECTION                                                61-63

4.1.1   RESPONDENTS PERSONAL PROFILE                63-98        

4.2      TEST OF HYPOTHESIS                                         99

4.2.1   HYPOTHESIS I                                                    99-100

4.2.2    HYPOTHESIS II                                                 100-102

CHAPTER FIVE: SUMMARY, CONCUSION

                                 AND RECOMMENDATION

5.1 SUMMARY                                                                103-104

5.2 CONCLUSION                                                        104-105

5.3 RECOMMENDATION                                             105-107

        REFERENCE
        APPENDIX