Corporate Fraud Across the Globe

Larry Li, Adela McMurray

Research output: Book/ReportBookpeer-review

3 Citations (Scopus)

Abstract

Based on theoretical foundations and evidence-based case studies, this book identifies the fundamental motivations underpinning corporate fraud in both developing and developed countries. The book offers practical solutions in terms of monitoring and potentially preventing future corporate fraud activity.

It is expected that uncovered corporate fraud negatively affects the public reputation, and financial performance of fraudulent firms. However, what is of more importance for fraudulent firms is how to regain the trust of customers, investors, and other stakeholders, as this impacts the long-term sustainability of businesses. Operational strategies, including reform, provide an effective channel for a fraudulent firm’s business sustainability yet this notion remains unexplored in the literature.

This authored research book argues that the choice of appropriate operational strategies is critical as they serve as an effective channel for fraudulent firms to re-gain the trust from customers and markets, re-establish their reputation, and enhance the firm’s long-term value. The authors posit that there is no ‘one-size fits-all’ approach because the choice of effective operational strategies is needed to acknowledge the significance of context such as industry type, economic conditions, legal frameworks as well as the firm’s fraudulent characteristics.
Original languageEnglish
Place of PublicationSingapore
PublisherPalgrave Macmillan
Number of pages354
ISBN (Electronic)978-981-19-3667-8
ISBN (Print)978-981-19-3666-1, 978-981-19-3669-2
DOIs
Publication statusPublished - 2022

Keywords

  • Business
  • Ethical behaviour
  • Corporate Fraud in Developing Countries
  • Preventing Corporate Fraud
  • New Operational Strategies
  • Regain Customer Trust
  • Corporate Fraud
  • Governance and corporate fraud
  • Corporate Fraud Trends
  • Corporate Fraud Across Industries
  • Organizational Culture and corporate fraud
  • Business Environments and corporate fraud

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