An increase in bribery and corruption has accompanied major growth in global trade and cross-border and cross-border transactions over the last 50 years to the extent that in some quarters bribery has been regarded as a normal (and unavoidable) part of doing business in some jurisdictions (OECD...

The financial reporting fraud is still difficult to be detected because of a concealed and sophisticated nature of most fraud schemes, and a lack of effective fraud detection procedure. Fraud schemes have become more complex, sophisticated with the aid of advanced technology, and causes loss and...

This paper introduces an architecture of fraud in accounting by explicating the nature of fraud in the accounting environment, providing some theoretical explanations of the phenomenon from the field of criminology, and exploring some outcome situations arising from corporate fraud

Corporate crime is a phenomenon that marked the XX century. The first half was marked with two major world economic crises (The Great Depression) and the second with an increasing number of massive corporate scandals.Corporate crime stems from business activities and although there were...

Corporate fraud scandals in recent years resulted in significant regulatory changes as well as growing interest in fraud-related accounting and audit research. However, the scientific landscape of fraud literature has become increasingly fragmented and little is known about the development and...

The literature provides mounting evidence that top managers are associated with financial reporting outcomes. In this paper, I predict and find that traits of rank-and-file employees also explain these outcomes. Controlling for the CEOs’ criminal records, firms with more employees with...

We use the unique economic, legal, and political landscape of China to examine the impact of auditors on the incidence and consequences of accounting fraud. In particular, we examine whether large audit firms reduce the incidence of financial statement fraud in China, an emerging market in which...