This study examines whether and how anticorruption efforts may mitigate the risk of corporate fraud. Based on a sample … likelihood of fraud commission and increase the likelihood of detection given fraud. These effects are driven by state …-developed market and legal institutions are less likely to commit fraud in the post anticorruption period. Firms increasing internal …

What external control mechanisms are most effective in detecting corporate fraud? To address this question we study in … depth all reported cases of corporate fraud in companies with more than 750 million dollars in assets between 1996 and 2004 …. We find that fraud detection does not rely on one single mechanism, but on a wide range of, often improbable, actors …

After each major corporate scandal, new suggestions for combatting fraud emerge from regulators and industry … cybersecurity measures, evidence documents an alarming increase in the prevalence and severity of corporate fraud. The rapidly … changing laws aimed at curbing corporate fraud sometimes lag behind the changing sophistication of fraud schemes. Corporate …