ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Kim KrawiecSubscribe to Kim Krawiec

Dealing with Corporate Crime: Some Lessons

At many of the big firm currently in the news for all the wrong reasons, there appear to have developed cultures that treated fraudulent disclosures as standard practice. This does not excuse top management at the wayward firms. However, the fact that similar cultures seem to have appeared simultaneously at a number of companies suggests that the root of the problem is much deeper than can be attributed to the greediness of a few executives.

Addressing Corporate Crime

If the markets continue to slide, a number of the regulatory proposals being currently discussed will be put in place. But will they do the job adequately? For, there is a remarkable lack of understanding about what causes corporate executives to commit the type of disclosure fraud that appears to have taken place in corporates in the past.
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