Fraud in Nonprofit Organizations: How to Mitigate it?-Reference-Cited by-同舟云学术

Fraud in Nonprofit Organizations: How to Mitigate it?

Published:2021-12-30 Issue:4 Volume:9 Page:385-392
ISSN:2347-4696
Container-title:International Journal of Business and Management Research
language:en
Short-container-title:IJBMR

Author:

Blye Dr. Marvin L. J.¹,Luamba Dr. Desire²

Affiliation:

1. Deputy Chief Financial Officer (CFO), City of Baltimore-Department of Housing and Community Development (DHCD), Baltimore, Maryland, USA

2. Adjunct Faculty, Trevecca Nazarene University, Nashville, TN, USA

Abstract

In the United States, nonprofit organizations lose at least $40 billion every year because of fraud. Fraud negatively affects nonprofit organizations’ productivity. Nonprofit managers need effective strategies to prevent fraud, increase trust among stakeholders, and ensure longevity. The purpose of this multiple case study was to explore strategies to mitigate fraud in nonprofit organizations. The conceptual framework of this study was Cressey’s fraud triangle theory. Data of this study were collected through interview questions from 4 top successful managers of nonprofit organizations in Maryland. The emerging themes after data analysis were ethics and regulatory compliance, transformational leadership, and managerial skills.

Publisher

FOREX Publication

Subject

General Medicine

Reference51 articles.

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5. Luamba, D. (2019). Strategies small business owners use to remain sustainable (Doctoral dissertation). ProQuest Dissertations and Theses database.

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