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Corporate Fraud and Corruption: A Holistic Approach to Preventing Financial Crises

M. Krambia-Kapardis




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 |  2016-04-08 |  2016-04-08 | File type: PDF

|| |"This book eloquently combines deep scholarship with practical analysis of the darker aspects of the recent financial crisis. While no one contends that the near destruction of western banking resulted entirely or for that matter significantly, from fraud and

Recent large-scale corporate collapses, such as Lehman Brothers, Enron, Worldcom, and Parmalat, highlight the implosion of traditional models of fraud prevention. By focusing on risk factors at the micro level, they have failed to take into account the broader context in which external auditors operate as well as the crucial importance of such factors as corruption, organizational culture, corporate social responsibility, ethical values, governance, ineffective regulatio...

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