This book deals with the highly complex but exciting subject of corporate fraud and corruption, which has since become … the cops and robbers game of the 21st century: accounting fraud, embezzlement, bribery and many other forms of corruption … comprehensive information on the controversial aspects of combating fraud and corruption from their beginnings. It also offers …

consumers' beliefs about the credibility of firms' CSR claims, which depend in turn on the (expected) fines for fraud. First, we … likelihood of certification. Second, fraud only arises when the fines for fraud are at intermediate levels and some CSR firms do … not certify their practices. Third, the presence of fraud comes at a cost for firms by inducing lower equilibrium prices …