Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman
Rehman Ali () and
Hashim Fathyah ()
Additional contact information
Rehman Ali: Internal Audit Department, A’Sharqiyah University, Sultanate of Oman
Hashim Fathyah: Graduate School of Business, Universiti Sains Malaysia, Malaysia
Business Systems Research, 2020, vol. 11, issue 1, 16-30
Background: Fraud risk assessment as a control mechanism is becoming necessary due to continuous and never-ending fraudulent activities. Frauds arise regardless of the existence of codes for corporate governance and available control activities such as those of internal and external audit units. It is high time for the corporate governance functions such as Audit and Risk Committees and Senior Management to identify the controls, which can assist in achieving good corporate governance and at the same time provide satisfaction to the shareholders.
Keywords: fraud risk assessment; good corporate governance; corporate governance; audit; and risk committee; senior management (search for similar items in EconPapers)
JEL-codes: G3 G34 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bit:bsrysr:v:11:y:2020:i:1:p:16-30:n:2
Access Statistics for this article
Business Systems Research is currently edited by Mirjana Pejić Bach
More articles in Business Systems Research from Sciendo
Bibliographic data for series maintained by Peter Golla ().