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Does Foreign Aid Influence Corruption? New Evidence in East Africa Community Member Countries Suleiman Malik Faki & Fuzhong Chen

Does Foreign Aid Influence Corruption? New Evidence in East Africa Community Member Countries

Author (s)

Suleiman Malik Faki & Fuzhong Chen

Abstract

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The key objective in this paper is to examine the foreign aid impact on corruption in East Africa Community Member countries. The paper employed Pooled Ordinary Least Square (Pooled OLS), Random Effect (RE) and Fixed Effect (FE) approach to find out the external aid effects on corruption. The study used panel data covering from the year from 1996 to 2017 for 5 EAC member nations. The study findings revealed that foreign aid flow has reduced impact on the level of corruption in EAC nations. Based on the findings which found that aid flows reduce the level of corruption in EAC member countries, it is suggested that cooperation between donor countries should be strengthen when allocate aid and through attaching conditions among other things which help to improve governance and institutional framework. In addition, the allocation of aid to the poor countries should be based on selective approach in such way that major conditions for a nation to meet the requirements for aid should be institutional quality reforms.

 Keywords: Aid, Corruption, Governance, Development, Developing countries.

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Title:Does Foreign Aid Influence Corruption? New Evidence in East Africa Community Member Countries
Author:Suleiman Malik Faki & Fuzhong Chen
Journal Name:International Journal of Science and Business
Website:ijsab.com
ISSN:ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI:https://doi.org/10.5281/zenodo.4534355
Media:Online
Volume:5
Issue:4
Acceptance Date:09/02/2021
Date of Publication:11/02/2021
PDF URL:https://ijsab.com/wp-content/uploads/705.pdf
Free download:Available
Page:46-58
First Page:46
Last Page:58
Paper Type:Research Paper
Current Status:Published

 

Cite This Article:

Suleiman Malik Faki & Fuzhong Chen (2021). Does Foreign Aid Influence Corruption? New Evidence in East Africa Community Member Countries. International Journal of Science and Business, 5(4), 46-58. doi: https://doi.org/10.5281/zenodo.4534355

Retrieved from https://ijsab.com/wp-content/uploads/705.pdf

 

 

About Author (s)

Suleiman Malik Faki (corresponding author), School of International Trade and Economics, University of International Business and Economics, China.

Prof. Fuzhong Chen, School of International Trade and Economics, University of International Business and Economics, China.

 

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DOI: https://doi.org/10.5281/zenodo.4534355

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Forensic Accounting and Fraud Examination: Evidence from Bangladesh Madhobi Sarker

Forensic Accounting and Fraud Examination: Evidence from Bangladesh

Author (s)

Madhobi Sarker

Abstract

This study evaluates the awareness and practice of forensic accounting and fraud examination, the responses of different types of professions, students concerning forensic accounting and fraud examination in Bangladesh. An online survey was conducted to collect the responses and the responses were analyzed by chi-square tests through Microsoft Excel 2010. The results reveal that there is no significant relationship between the awareness of forensic accounting and people, 1 out of 7 questions are significant relative to the practice of forensic accounting with gender, and 3 out of 7 questions are significant to the different types of professions. This study shows the current status and practice of forensic accounting and recommends steps to combat corruption and financial crimes. But this research lacks an error-free selection of samples having 12 from top accounting and auditing firms, 5 from multinational companies, 11 from local organizations, and 24 from students of the top four universities of Bangladesh. This study evaluates the emergence introduction and practice of forensic accounting as a separate body in Bangladesh and international perspective as well.

 Keywords: Forensic accounting and fraud examination, chi-square tests, Microsoft Excel 2010, corruption, financial crimes.

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Title:Forensic Accounting and Fraud Examination: Evidence from Bangladesh
Author:Madhobi Sarker
Journal Name:International Journal of Science and Business
Website:ijsab.com
ISSN:ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI:https://doi.org/10.5281/zenodo.4300251
Media:Online
Volume:4
Issue:9
Acceptance Date:30/11/2020
Date of Publication:01/12/2020
PDF URL:https://ijsab.com/wp-content/uploads/595.pdf
Free download:Available
Page:138-144
First Page:138
Last Page:144
Paper Type:Research paper
Current Status:Published

Cite This Article:

Madhobi Sarker (2020). Forensic Accounting and Fraud Examination: Evidence from Bangladesh. International Journal of Science and Business, 4(9), 138-144. doi: https://doi.org/10.5281/zenodo.4300251

Retrieved from https://ijsab.com/wp-content/uploads/595.pdf

 

About Author (s)

Madhobi Sarker, MBA, Department of Accounting & Information Systems, University of Dhaka, Bangladesh. Email: madhobi.ais.21154@gmail.com.

 

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DOI: https://doi.org/10.5281/zenodo.4300251