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Managerial Fraud - Executive Impression Management, Beyond Red Flags (Hardcover, New Ed)
Loot Price: R4,578
Discovery Miles 45 780
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Managerial Fraud - Executive Impression Management, Beyond Red Flags (Hardcover, New Ed)
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Most frauds perpetrated by senior managers take longer to uncover
than those by other occupational groups and they steal more. This
is a serious problem world-wide. Currently the Red Flag approach is
used by auditors to prevent and uncover fraud and in some countries
it is statutory. However, the existing approach does not catch
managerial fraudsters quickly or very often. In Managerial Fraud,
Dr Terry Sheridan reports the findings of her study of fraudulent
executives. Her work illuminates the particular methods fraudsters
employ to appear more authentic than the average person and reveals
two types of executive fraudster with very different behaviours.
All this helps to explain why the current Red Flag approach fails
to identify potential fraudsters and instead tends to focus on Red
Flag executives who are negative characters, but non-fraudulent and
accounts for the problem auditors face, who see Red Flag indicators
and are obliged to conduct further audits, yet find nothing of
substance. During the author's research, the innocent colleagues
who worked closely with fraudulent managers have for the first time
been interviewed about their experiences and had their impressions
analysed, leading to the development of an innovative typology of
fraudulent executives based on Impression Management Theory. Better
understanding of what Dr Sheridan has uncovered might result in
organisations being able to reduce their exposure to fraud
perpetrated by their own senior management.
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