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Book Cover
E-book
Author Li, Larry, author

Title Corporate fraud across the globe / Larry Li, Adela McMurray
Published Singapore : Palgrave Macmillan, 2022

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Description 1 online resource (xx, 354 pages) : illustrations (some color)
Contents Introduction -- Part I: Theme 01 : The Concept of Corporate Fraud -- Chapter 1: What is Corporate Fraud? -- Chapter 2: Types of Corporate Fraud -- Chapter 3: Theorical and Empirical Justification of Corporate Fraud -- Part II: Theme 02 : Corporate Fraud Across Countries and Industries -- Chapter 4: Corporate Fraud in Developing Countries -- Chapter 5: Corporate Fraud in Developed Countries -- Chapter 6: Corporate Fraud Across Industries -- Chapter 7: Corporate Fraud Trends -- Part III: Theme 03 : How to Prevent Corporate Fraud -- Chapter 7: External Factors: Legal Framework and Business Environment -- Chapter 8: Internal Factors: Organizational Culture, and Governance -- Part IV: Theme 04 : Bringing New Hope to the Business -- Chapter 10: Developing New Operational Strategies in Organizations -- Chapter 11: How to Regain Customer Trust
Summary Based on theoretical foundations and evidence-based case studies, this book identifies the fundamental motivations underpinning corporate fraud in both developing and developed countries. The book offers practical solutions in terms of monitoring and potentially preventing future corporate fraud activity. It is expected that uncovered corporate fraud negatively affects the public reputation, and financial performance of fraudulent firms. However, what is of more importance for fraudulent firms is how to regain the trust of customers, investors, and other stakeholders, as this impacts the long-term sustainability of businesses. Operational strategies, including reform, provide an effective channel for a fraudulent firm's business sustainability yet this notion remains unexplored in the literature. This authored research book argues that the choice of appropriate operational strategies is critical as they serve as an effective channel for fraudulent firms to re-gain the trust from customers and markets, re-establish their reputation, and enhance the firm's long-term value. The authors posit that there is no 'one-size fits-all' approach because the choice of effective operational strategies is needed to acknowledge the significance of context such as industry type, economic conditions, legal frameworks as well as the firm's fraudulent characteristics. Dr Larry Li is a senior lecturer of finance at the College of Business and Law, RMIT University, Australia. His teaching and research interests focus on corporate governance, carbon finance, IPO, and risk management. He has published extensively in leading finance and economics journals and has a successful history of generating internal and external research funding. Professor Adela McMurray is the Dean (People & Resources) at the College of Business Government and Law, Flinders University, Australia. She has experience researching and working in the public and private sectors facilitating organizational change and development. Her work is internationally acclaimed as she has published over 360 publications and won multiple awards and grants to the value of $5 million. Her research expertise addresses: Innovation, Culture, Sustainability, Commitment, and Leadership including Organizational Change and Development
Bibliography Includes bibliographical references and index
Notes Online resource; title from PDF title page (SpringerLink, viewed August 23, 2022)
Print version record
Subject Corporations -- Corrupt practices -- Case studies
Fraud -- Case studies
Corporations -- Corrupt practices
Fraud
Genre/Form Case studies
Case studies.
Études de cas.
Form Electronic book
Author McMurray, Adela, author.
ISBN 9789811936678
9811936676