Analyzing the Role of Corporate Governance in preventing Financial Fraud in Banking Institutions

Abstract

This research paper delves into the pivotal role that corporate governance plays in mitigating the occurrence of financial fraud within the realm of banking institutions. By scrutinizing various mechanisms, policies, and practices, the study elucidates how robust corporate governance frameworks act as a crucial line of defense against fraudulent activities. Through comprehensive analysis of case studies, regulations, and industry practices, this research highlights the multifaceted impact of effective corporate governance in fostering transparency, accountability, and ethical conduct, thereby bolstering the resilience of banking institutions against financial fraud. The findings underscore the imperative of continuous enhancement of corporate governance structures to fortify the sector's integrity and sustain stakeholder trust amidst evolving financial landscapes.