Understanding the causes and effects of top management fraud
Understanding the causes and effects of top management fraud
Zahra S. A., Priem R.L., Rasheed A.A. Organizational Dynamics (USA), 2007, Vol. 36 No. 2, Start page: 122, No. of pages: 18
Purpose – To examine the reasons for and the impact made by top management fraudulent behavior. Design/methodology/approach – Draws attention to the growing worldwide problem of fraud by top managers; sets out to examine the nature of top management fraud in the context of white-collar crime;looks at why some top managers may commit fraud; provides a model proposing the causes and effects of top management fraud and identifying the societal,industry, organizational and individual characteristics that appear to contribute to fraudulent behavior by top managers. Examines how individual level factors can weaken or strengthen the effects of industry-level pressures on the incidence of top management fraud and discusses how a number of variables (age,experience, education, gender, self control) can also have an impact; outlines a case study example of top management fraud (Walter Pavlo). Investigates the consequences of top management fraud, its effect on shareholders and other stakeholders. Research limitation/implications – Highlights a number of questions that would benefit from further research. Originality/value –Discusses the reasons for top management fraud. ISSN: 0090-2616 Reference:36AP357
Keywords: Fraud, Ethics, Senior management
