The Role of Power in Financial Statement Fraud Schemes

Chad Albrecht; Daniel Holland; Ricardo Malagueño; Simon Dolan; Shay Tzafrir

doi:10.1007/s10551-013-2019-1

The Role of Power in Financial Statement Fraud Schemes

Chad Albrecht, Daniel Holland, Ricardo Malagueño, Simon Dolan, Shay Tzafrir

School Of Business Administration

Research output: Contribution to journal › Article › peer-review

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.

Original language	English
Pages (from-to)	803-813
Number of pages	11
Journal	Journal of Business Ethics
Volume	131
Issue number	4
DOIs	https://doi.org/10.1007/s10551-013-2019-1
State	Published - 1 Nov 2015

Bibliographical note

Publisher Copyright:
© 2014, Springer Science+Business Media Dordrecht.

Keywords

Collusion
Financial statement fraud
Organizational corruption
Power and influence
Recruitment

ASJC Scopus subject areas

Business and International Management
General Business, Management and Accounting
Arts and Humanities (miscellaneous)
Economics and Econometrics
Law

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1007/s10551-013-2019-1

Cite this

@article{a0bc0abbf4be40dd95f97f3c97df8c52,

title = "The Role of Power in Financial Statement Fraud Schemes",

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.",

keywords = "Collusion, Financial statement fraud, Organizational corruption, Power and influence, Recruitment",

author = "Chad Albrecht and Daniel Holland and Ricardo Malague{\~n}o and Simon Dolan and Shay Tzafrir",

note = "Publisher Copyright: {\textcopyright} 2014, Springer Science+Business Media Dordrecht.",

year = "2015",

month = nov,

day = "1",

doi = "10.1007/s10551-013-2019-1",

language = "English",

volume = "131",

pages = "803--813",

journal = "Journal of Business Ethics",

issn = "0167-4544",

publisher = "Springer Netherlands",

number = "4",

}

TY - JOUR

T1 - The Role of Power in Financial Statement Fraud Schemes

AU - Albrecht, Chad

AU - Holland, Daniel

AU - Malagueño, Ricardo

AU - Dolan, Simon

AU - Tzafrir, Shay

PY - 2015/11/1

Y1 - 2015/11/1

N2 - 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.

AB - 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.

KW - Collusion

KW - Financial statement fraud

KW - Organizational corruption

KW - Power and influence

KW - Recruitment

UR - http://www.scopus.com/inward/record.url?scp=84948384096&partnerID=8YFLogxK

U2 - 10.1007/s10551-013-2019-1

DO - 10.1007/s10551-013-2019-1

M3 - Article

AN - SCOPUS:84948384096

SN - 0167-4544

VL - 131

SP - 803

EP - 813

JO - Journal of Business Ethics

JF - Journal of Business Ethics

IS - 4

ER -

The Role of Power in Financial Statement Fraud Schemes

Abstract

Bibliographical note

Keywords

ASJC Scopus subject areas

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this