2B1-2 Evaluation of corporate frauds by Fraud Triangle Theory
نویسندگان
چکیده
منابع مشابه
How Pervasive Is Corporate Fraud?
We estimate what percentage of firms engage in fraud and the economic cost of fraud. Our estimates are based on detected frauds, and frauds that we infer are started but are not caught. To identify the ‘iceberg’ of undetected fraud we take advantage of an exogenous shock to the incentives for fraud detection: Arthur Andersen’s demise, which forces companies to change auditors. By assuming that ...
متن کاملAn Analysis of the Fraud Triangle
The concept of a “Fraud Triangle” is introduced to the professional literature in SAS No. 99, Consideration of Fraud in a Financial Statement Audit. The Fraud Triangle consists of three conditions generally present when fraud occurs: Incentive/Pressure, Opportunity, and Attitude/ Rationalizations. Input from forensic experts, academics and others consistently show that evaluation of information...
متن کاملAccounting Fraud and the Pricing of Corporate
We provide a method for modelling accounting distortions and their impact on the value of corporate liabilities. Our model is able to account for both small noise (estimate errors) and large mis-representations (deliberate fraud). Such a methodology is then applied to structural pricing models, in the spirit of Merton (1974). It turns out that accounting distortions may be a relevant factor in ...
متن کاملCorporate Securities Fraud: an Economic Analysis
This paper analyzes a firm’s propensity to commit securities fraud and the real consequences of fraud. The theory shows that fraud has real economic cost, as investment distortions can arise from fraud-induced market misvaluation and management’s ability to influence the firm’s litigation risk through investment. The cost of inefficiency is borne by not only shareholders of fraudulent firms but...
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ژورنال
عنوان ژورنال: The Japanese Journal of Ergonomics
سال: 2019
ISSN: 0549-4974,1884-2844
DOI: 10.5100/jje.55.2b1-2