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Fraud prevention disclosure on Malaysian public universities’ websites

Nero Madi (Faculty of Accountancy, Universiti Teknologi MARA, Cawangan Sarawak, Kota Samarahan, Malaysia)
Corina Joseph (Faculty of Accountancy, Universiti Teknologi MARA, Cawangan Sarawak, Kota Samarahan, Malaysia)
Mariam Rahmat (Faculty of Accountancy, Universiti Teknologi MARA, Cawangan Sarawak, Kota Samarahan, Malaysia)
Jennifer Tunga Janang (Faculty of Business and Management, Universiti Teknologi MARA, Cawangan Sarawak, Kota Samarahan, Malaysia)
Normah Haji Omar (Accounting Research Institute, Universiti Teknologi MARA, Shah Alam, Malaysia)

Journal of Financial Crime

ISSN: 1359-0790

Article publication date: 22 June 2021

Issue publication date: 5 August 2021

758

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

Copyright © 2021, Emerald Publishing Limited

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