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Purpose

To identify key elements in corporate financial reporting abuse – accounting manipulation, inadequate auditing, misled capital markets, corporate executive compensation, executive flight, newspaper outrage, clever legal defences, and eventual accountability and punishment.

Design/methodology/approach

Fictional poem.

Findings

Truth eventually surfaces followed by public retribution.

Research limitations/implications

To reduce complex situations to their fundamental elements.

Originality/value

Observing the corporate financial reporting scene at its most primitive.

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