The Role of Power in Financial Statement Fraud Schemes

Chad Albrecht (), Daniel Holland (), Ricardo Malagueño (), Simon Dolan () and Shay Tzafrir ()

Journal of Business Ethics, 2015, vol. 131, issue 4, 803-813

Abstract: In this paper, we investigate a large-scale financial statement fraud to better understand the process by which individuals are recruited to participate in financial statement fraud schemes. The case reveals that perpetrators often use power to recruit others to participate in fraudulent acts. To illustrate how power is used, we propose a model, based upon the classical French and Raven taxonomy of power, that explains how one individual influences another individual to participate in financial statement fraud. We also provide propositions for future research. Copyright Springer Science+Business Media Dordrecht 2015

Keywords: Financial statement fraud; Organizational corruption; Recruitment; Collusion; Power and influence (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:jbuset:v:131:y:2015:i:4:p:803-813

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DOI: 10.1007/s10551-013-2019-1

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