Policing Strategy for the Prevention and Detection of Financial Crimes in Financial Institutions in Kampala City –Uganda.
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Date
2012-10
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala international University college of economics and management
Abstract
The general objective of the study was to investigate the relationship between policing
strategy and the prevention and detection of financial crimes in financial institutions in
Kampala city.
Four specific objectives namely: to identify the demographic characteristics of
respondents in terms of gender, age, marital status, educational level, experience in the
organization and experience in financial institutions; establish the levels attained by
policing strategy for the prevention and detection of financial crimes in financial
institutions terms of; representative policing, responsive policing and accountable
policing; establish if there is a significant difference and relationship between policing
strategy and the prevention and detection of financial crimes in financial institutions in
Kampala City
The study was based on the Classical organisational theory of Mary Parker Follett’s
which states that; no one could become a whole person except as a member of a group
or through relationships with others in organizations, talking to one another to pass an
idea.
Across sectional survey was employed where by quantitative study approach and
descriptive, correlation survey was adopted. Survey design was used because data was
collected from a section of respondents at once using questionnaires.
Data analysis was done using descriptive statistics. The study revealed that the level of
policing strategy was very high (mean=3.30). On the other hand, results also indicated
that prevention and detection of financial crimes is high (mean=3.09), eleven items/
aspects were rated very high, twelve were high and three were low; Results from one
way ANOVA showed that there was significant difference in the level policing strategy
and the prevention and detection of financial crimes in financial institutions (F=3.908,
sig. = 0.00); Results using Pearson’s Linear Correlation Coefficient found policing
strategy are significantly and positively correlated with the prevention and detection
(r=0.576, sig.=0.000). Regression analysis results indicated that policing strategy was
found responsible for over 33% variation towards prevention and detection of financial
crimes in financial institutions in Kampala city hence concluding that the level of policing
strategy positively and significantly influences prevention and detection of financial
crimes. Recommendations; massive mobilization, sensitization and education, Training
in information technology to fight cyber crimes
Description
A Thesis Presented to the College of Higher Degrees and Research, Kampala International University, Kampala, Uganda. In partial Fulfillment of the requirements for the Degree of Master of Business Administration and Management.
Keywords
Policing Strategy, Financial Crimes, Financial Institutions