Fraud and Job Satisfaction amongst Nigerian Bank Managers

This quantitative, causal-comparative study examined the relationship between job satisfaction and bank managers’ predisposition to fraud and forgery from three banks of different consolidation status in two Nigerian cities, Lagos and Abuja. Data were collected from 302 bank managers using the Job Satisfaction Survey and Work Locus of Control Survey. Results from a Pearson product–moment correlation (r) analysis suggest each of the job satisfaction variables had a significant and negative relationship with fraud tendency, a proxy for distress, with the exception of operational conditions. Ordinary least squares multiple regressions predicted a negative and significant relationship between job satisfaction and fraud disposition between male and female bank managers as well as between banks of different consolidation status, and revealed that some satisfaction measures, such as promotion and communication, had a reduction impact on fraud in some banks.