ANALYSIS OF DISPUTE RESOLUTION ON FRAUD MITIGATION AMONG PUBLIC SECONDARY SCHOOLS IN KENYA

Abstract

This cutting-edge study explores the relationship between dispute resolution and fraud mitigation in public secondary schools of Embu County, Kenya. With a focus on the target population of accountants in 137 secondary schools, this study employs a descriptive study design and a closed-ended questionnaire to collect valuable data. The analysis utilizes the powerful tool SPSS, and the data is presented in tables for easy interpretation. While the linear regression model indicates that fraud mitigation is explained by 3.665 when dispute resolution is held constant and a unit increase in dispute resolution increases fraud mitigation by 0.127 units, the p-value of greater than 0.05 indicates that the model is insignificant in explaining the variables, leading to the conclusion that dispute resolution is not a significant factor in fraud mitigation. Nevertheless, the study highlights the critical role that dispute resolution plays in the aftermath of fraudulent activities, providing a valuable means of containing issues, restoring normalcy, and even recovering lost assets. Proper dispute resolution contributes significantly to dispute resolution outside the legal process, preserving the reputation and social stability of litigants in schools, and strengthening the overall integrity of the education system. This study represents a powerful call to action, urging us all to prioritize dispute resolution as an essential element of fraud mitigation strategies in public secondary schools of Embu County and beyond.