The Fraud Investigation, and the Reality of the AntiFraud Framework in the Commercial Banks Operation in Palestine رسالة ماجستير

Abstract

The study's goal, this is to measure Investigating fraud and the reality of fraud prevention frameworks in Palestinian commercial banks, this study adopted the descriptivecorrelational methodology to obtain information related to the study's topic, yielding a sample of 40 individuals. A comprehensive survey method was used to select participants, considering variables like gender, age, and willingness to complete the questionnaire. This approach ensured diversity in the study's population, resulting in 39 valid questionnaires out of 40 distributed. the researcher used the Cronbach's alpha equation, calculating the reliability of the scale. The result for scaling items 92%. So, it’s good. Upon collecting the study's data, the researcher did to test hypotheses and analyze the data, he was including descriptive statistics like frequencies, percentages, means, and standard deviations. Additionally, internal consistency was assessed using Cronbach's alpha, while the relationship between variables was explored using the Spearman correlation coefficient. The study's hypotheses concerning the variables were tested using the One-Way ANOVA test. The influence of categorical variables on dependent variables was determined through the Chi-square test. The study's findings indicate a robust commitment by Palestinian commercial banks to fraud prevention and investigation. Among the dimensions assessed, "The reality of fraud prevention frameworks" (Roles and Responsibilities of Management) received the highest mean score of 4.25, reflecting a very high degree of effectiveness in fraud prevention. "Investigating fraud" (Investigation Methods) closely followed with a mean score of 4.19, signifying strong investigation processes. "Internal Controls, Employee Awareness, and Internal Audit" also scored well at 4.07, highlighting strong internal V controls and awareness. "The reality of fraud prevention frameworks" (Effectiveness of Fraud Prevention Frameworks) achieved a mean score of 3.55, showing good effectiveness. "Best Practices for Fraud Prevention and Detection" received a mean score of 3.95, emphasizing the adoption of best practices. "Collaboration with Authorities and Investigation Committees" achieved a mean score of 4.05, indicating high cooperation with authorities. Overall, the assessment scored 3.96, reflecting a "High" commitment to fraud prevention and investigation in Palestinian commercial banks. These results underscore the need to maintain and enhance these practices for robust fraud prevention and detection in the banking sector. For hypotheses results there is no significant relationship or correlation between occupation and the actions management takes during fraud investigations. The MANOVA "without Interaction" results indicate that none of the examined variables (gender, age group, educational level, and occupation) significantly impact the mean scores for investigating fraud and the reality of fraud prevention frameworks in Palestinian Commercial Banks The analysis reveals a statistically significant predictive ability (α < .05) for the degree of investigation into fraud and the reality of fraud prevention frameworks in Palestinian commercial banks. The linear regression analysis using the "enter" method indicates that 70% of the variance in the degree of investigation into fraud can be explained by the reality of fraud prevention frameworks Recommendations based on the results and interpretations: 1. Strengthen Management's Roles and Responsibilities: Given the positive perception of management's performance in fraud prevention, it is recommended that Palestinian commercial banks continue to emphasize and support management's roles in VI collaborating with other departments, proposing policy enhancements, and ensuring clarity in responsibilities. This can further enhance the effectiveness of management in fraud prevention. 2. Continuous Adoption of Best Practices: Banks should maintain their proactive approach to fraud prevention by continuously adopting best practices, utilizing data analytics, and staying updated with emerging technologies. Regular training and awareness programs can help employees stay current with the latest fraud prevention strategies.