Identification and Ranking of Risk Factors Affecting the Probability of Bank Fraud (Case Study, Isfahan Province Resalat Bank)
Amirsalar Raisi Nafchi, Mohsen Dastgir
The purpose of the present study is to identify and rank the risk factors affecting fraud at Resalat Banks of Isfahan Province. This is an applied study in terms of purpose and it is a descriptive-survey study in method. The required data were collected using Delphi questionnaire in the period 2016-2017. The statistical population of the study consists of all experts working at Resalat Banks of Isfahan Province. The data of the study were analyzed through structural equations modeling using Smart PLS 2. The technical characteristics of the questionnaire including reliability and validity were examined in the measurement model, and the required modifications were made, and the structural coefficients of model were employed to examine the research hypotheses. Also, Friedman test was employed to rank the fraud risk factors. The findings of the research show that the factors of "financial stability", "liquidity", and the managers not following the internal controls and mandatory standards have been effective in fraud; also, the results showed, in ranking the factors, that the main reason for fraud is the managers not following the internal controls and mandatory standards where the intra-organizational security threats were ranked as the last priority.