TY  - BOOK
AU  - Baker,H.Kent
AU  - Purda,Lynnette
AU  - Saadi,Samir
TI  - Corporate Fraud Exposed: A Comprehensive and Holistic Approach
SN  - 9781789734171
AV  - HD58.7-58.95 
U1  - 364.16/3 
PY  - 2020///
CY  - Bingley
PB  - Emerald Publishing Limited
KW  - Corporations-Corrupt practices
KW  - Electronic books
N1  - Cover -- CORPORATE FRAUD EXPOSED -- Endorsements -- CORPORATE FRAUD EXPOSED: A Comprehensive and Holistic Approach -- Copyright -- CONTENTS -- ABOUT THE CONTRIBUTORS -- ACKNOWLEDGMENTS -- 1. Nature of Fraud -- 1. Corporate Fraud Exposed: An Overview -- Introduction -- About This Book -- Purpose -- Distinguishing Features -- Intended Audience -- Structure of the Book -- Section 1: Nature of Fraud -- Chapter 2: Types of Corporate Fraud (Halil Kiymaz) -- Chapter 3: How Fraud Offenders Rationalize Financial Crime (Iva Charlopova, Paul Andon, and Clinton Free) -- Chapter 4: Accounting Principles and Corporate Fraud (Kirsten L. Anderson) -- Section 2: Causes and Determinants of Corporate Fraud -- Chapter 5: Corporate Culture and Fraud (Ellie Chapple, Kathleen Walsh, and Yun Shen) -- Chapter 6: Corporate Governance and Fraud (Ali C. Akyol) -- Chapter 7: National Culture, Legal Environment, and Fraud (Chen Liu and Serena Shuo Wu) -- Chapter 8: Agency Theory and Fraud (Chiraz Ben Ali) -- Chapter 9: Executive Influence and Fraud (Philip R. Jones, Joseph Monts, and Andrew C. Spieler) -- Section 3: Consequences of Corporate Fraud -- Chapter 10: Corporate Political Connections and Corruption (Matthew Boland) -- Chapter 11: The Spillover Impact of Corporate Fraud on Peer Firms (Tashfeen Hussain) -- Chapter 12: Crowdfunding without Crowd-fooling: Prevention is Better Than Cure (Sondes Mbarek and Donia Trabelsi) -- Section 4: Corporate Fraud Detection and Prevention -- Chapter 13: Corporate Whistleblowing: Toward a Regulatory Approach (Anita Anand) -- Chapter 14: Forensic Accounting and Fraud Deterrence (Casey D. Evans) -- Chapter 15: Cyber Security and Corporate Fraud (James K. Hayes) -- Chapter 16: Law Enforcement Agencies and Corporate Fraud (Robert A. Warren and Michael Pakaluk); Chapter 17: Financial Statement Fraud: Motivation, Methods, and Detection (S. David Young) -- Section 5: Corporate Fraud in Practice -- Chapter 18: Accounting Scandals: Enron, Worldcom, and Global Crossing (Steven Petra and Andrew C. Spieler) -- Chapter 19: Panama Papers and the Abuse of Shell Entities (Carl Pacini and Nicole Forbes Stowell) -- Chapter 20: Stock Option Manipulations (Haifa Amairi, Boushra El Haj Hassan, and Janelle Mann) -- Chapter 21: Satyam Scandal (Yan Luo and Linying Zhou) -- Chapter 22: Corporate Fraud: The Cases of Barings Bank, Volkswagen, and HIH Insurance (Sayan Sarkar and Andrew C. Spieler) -- Section 6: Future Directions -- Chapter 23: Corporate Fraud: Avenues for Future Research (Nadia Smaili, Julien Le Maux, and Walid Ben Amar) -- Summary and Conclusions -- References -- 2. Types of Corporate Fraud -- Introduction -- What Is Corporate Fraud? -- Background -- Empirical Studies -- Types of Corporate Fraud -- Asset Misappropriations -- Corruption -- Financial Statement Fraud -- Summary and Conclusions -- Discussion Questions -- References -- 3. How Fraud Offenders Rationalize Financial Crime -- Introduction -- Rationalization: Background and Accepted Definitions -- Review Approach -- Rationalization: Key Themes -- Theories of Rationalization -- How Rationalization Operates -- Identified Rationalization Techniques -- Factors Influencing Rationalization -- Individual Differences -- Social Influences -- Critical Perspectives on Rationalization -- Summary and Conclusions -- Discussion Questions -- References -- 4. Accounting Principles and Corporate Fraud -- Introduction -- Background -- Basic Accounting Principles -- Monetary Unit Principle -- Going Concern Principle -- Full Disclosure Principle -- Materiality Principle -- Economic Entity Principle -- Conservatism Principle -- Cost Principle; Revenue Recognition for Provision of Services -- Revenue Recognition Principle -- Revenue Recognition for Sale of Goods -- Revenue Recognition for Long-term Contracts with a Deliverable Good -- Fraud Cases Involving Revenue Recognition -- Matching Principle -- Product Costs -- Period Costs -- Time Period Principle -- Summary and Conclusions -- Discussion Questions -- References -- 2. Causes and Determinants of Corporate Fraud -- 5. Corporate Culture and Fraud -- Introduction -- What Is Fraud? -- Fraud Defined -- Financial Reporting Fraud -- Measuring Fraud in Statistical Modeling -- Corporate Culture and Identity -- What Is Culture? -- How Is Culture Measured? -- Measuring Culture: Tone at the Top -- Individual Risk-taking -- Criminality and Legal Infractions -- Marital Infidelity -- Personal Financial Affairs -- Individual Integrity -- Philanthropy by Stock Donation -- Frugality -- Public Service -- Religiosity -- CEO Narcissism -- CEO Power -- Summary and Conclusions -- Discussion Questions -- Acknowledgment -- References -- 6. Corporate Governance and Fraud -- Introduction -- Corporate Governance and Fraud -- Internal Governance -- Board Structure -- Audit Functions -- Stock Ownership -- CEO-Chair Duality -- Corporate Environment and Internal Controls -- External Governance -- Governance Changes Following Fraud -- Summary and Conclusions -- Discussion Questions -- References -- 7. National Culture, Legal Environment, and Fraud -- Introduction -- Culture and Fraud -- National Culture Measures -- National Culture and Economic Activities -- Power Distance and Fraud -- Power Distance and Earnings Management -- Power Distance and Auditors' Behavior -- Power Distance and Whistleblowing -- Individualism and Fraud -- Individualism and Earnings Management -- Individualism and Auditors' Behavior -- Uncertainty Avoidance and Fraud; Long-term Orientation and Fraud -- Masculinity vs Femininity, Indulgence vs Restraint, and Fraud -- Religiosity and Fraud -- Legal Environment and Fraud -- Rules of Law -- Enforcement of Law -- Public Enforcement -- Private Enforcement -- Deterrence Effect of Legal Enforcement -- Summary and Conclusions -- Discussion Questions -- References -- 8. Agency Theory and Fraud -- Introduction -- Agency Theory -- The Fundamental Role of Information Asymmetry -- Adverse Selection -- Moral Hazard -- Interest Divergence and Opportunistic Behavior -- Agency Costs -- Monitoring Costs -- Bonding Costs -- Residual Losses -- Xerox: An Accounting Corporate Fraud Case -- Information Asymmetry and Assets -- Corporate Governance Failure -- Parmalat Fraud: A Principal-Principal Agency Conflict -- Interest Divergence and Private Benefits -- Monitoring Inefficiencies and Fraudulent Actions -- Summary and Conclusions -- Discussion Questions -- References -- 9. Executive Influence and Fraud -- Introduction -- Corporate Governance -- Agency Theory -- Board Structure -- Corporate Executive Compensation Structure -- Bonus Compensation -- Option Compensation -- Golden Parachutes -- Compensation and Fraud -- Executive Connectedness -- Government Regulation and Governance Metrics -- Government Regulation: SOX and Executive Certification -- Executive Lawyers -- Summary and Conclusions -- Discussion Questions -- References -- 3. Consequences of Corporate Fraud -- 10. Corporate Political Connections and Corruption -- Introduction -- Political Connections -- Political Connections and Corporate Policies -- Political Connections and Public Resource Allocation -- Political Connections and Government Oversight -- Corruption -- Corruption and Firm Policies -- Corruption and Economic Conditions -- Summary and Conclusions -- Discussion Questions -- References; 11. The Spillover Impact of Corporate Fraud on Peer Firms -- Introduction -- Peer Firms' Imitation of Fraud -- Fraud and Peer Firms′ Investment, Financing, and Operating Decisions -- The Impact of a FIRM'S Fraud on Peer Stock Prices -- The Impact of a FIRM'S Fraud on Peer Borrowing Conditions -- Summary and Conclusions -- Discussion Questions -- References -- 12. Crowdfunding without Crowd-fooling: Prevention Is Better than Cure -- Introduction -- What Is Crowdfunding Fraud? -- Detecting Ex-ante Crowdfunding Fraud -- Fraud and Entrepreneur Profile -- Fraud and Campaign Characteristics -- Consequences of Fraud -- How to Fight against Fraud -- At the Platform Level -- At the Contributor Level -- At the Legislation Level -- Summary and Conclusions -- Discussion Questions -- References -- 4. Corporate Fraud Detection and Prevention -- 13. Corporate Whistleblowing: Toward a Regulatory Approach -- Introduction -- Whistleblowing Programs -- The United States -- The United Kingdom -- Australia -- Canada -- Ontario -- Quebec and Alberta -- Summary and Conclusions -- Discussion Questions -- References -- 14. Forensic Accounting and Fraud Deterrence -- Introduction -- Forensic Accounting Defined -- Forensic Accountants -- Investigative and Litigation Support Services -- Investigation Services -- Litigation Support Services -- Financial Statement Audits and Fraud -- Corporate Fraud Investigations -- Proactively Searching for Fraud -- Inductive Approach -- Deductive Approach -- Step One: Understand the Business -- Step Two: Identify the Potential Fraud Schemes -- Step Three: Determine Red Flags for Fraud Schemes -- Step Four: Use Automated Technology to Search for Signs of Fraud -- Step Five: Examine the Results -- Step Six: Investigate Symptoms to Determine Their Causes -- Reactive Approach to Fraud -- Fraud Prevention and Deterrence -- Setting an Ethical Tone; Summary and Conclusions
N2  - Corporate Fraud Exposed uncovers the motivations and drivers of fraud including agency theory, executive compensation, and organizational culture. It delves into the consequences of fraud for various firm stakeholders, and its spillover effects on other corporations, the political environment, and financial market participants
UR  - https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=6363068
ER  -