Fraud prevention disclosure on Malaysian public universities’ websites
ISSN: 1359-0790
Article publication date: 22 June 2021
Issue publication date: 5 August 2021
Abstract
Purpose
The purpose of this paper is to investigate the extent of fraud prevention disclosure on the Malaysian public universities’ websites.
Design/methodology/approach
The level of fraud prevention information disclosure was examined using content analysis of all 20 public universities in Malaysia based on the university fraud prevention disclosure index (UFPDi) previously developed by the authors’ research team.
Findings
The disclosures of eight aspects of fraud prevention policies, responses, initiatives and mechanisms were not satisfactory. Possible reasons could be because of lack of awareness and appreciation on the institutional mechanisms and lack of formal pressure from the relevant authority.
Research limitations/implications
Data collection for analysis was conducted during a period of one month only due to rapid changes of the information on the websites.
Social implications
The low level of disclosure using UFPDi will prompt the Malaysian public universities to take proactive actions in promoting transparent and good governance among the university staff hence assisting the government in addressing the fraud problem that is plaguing the nation.
Originality/value
This paper is an extension to the authors’ previous work on UFPDi. It further explains and highlights the extent of fraud prevention disclosures among academic institutions who are receiving financial resources from the government.
Keywords
Acknowledgements
This research was supported by the Accounting Research Institute, Malaysia (Grant number 600-IRMI/ARI 5/3[21/2019]).
Citation
Madi, N., Joseph, C., Rahmat, M., Janang, J.T. and Haji Omar, N. (2021), "Fraud prevention disclosure on Malaysian public universities’ websites", Journal of Financial Crime, Vol. 28 No. 3, pp. 841-857. https://doi.org/10.1108/JFC-09-2020-0193
Publisher
:Emerald Publishing Limited
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