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dc.contributor.authorSadique, R. B. M.en
dc.contributor.authorIsmail, A. M.en
dc.contributor.authorRoudaki, Jamalen
dc.contributor.authorAlias, Norhayatien
dc.contributor.authorClark, Murray B.en
dc.date.accessioned2019-06-13T00:31:12Z
dc.date.available2019-05-19en
dc.date.issued2019-05en
dc.identifier.citationSadique, R.B.M., Ismail, A.M., Roudaki, J., Alias, N., & Clark, M.B. (2019). Corporate governance attributes in fraud detterence. International Journal of Financial Research, 10(3), 51-62. doi:10.5430/ijfr.v10n3p51en
dc.identifier.issn1923-4023en
dc.identifier.urihttps://hdl.handle.net/10182/10737
dc.description.abstractThe failures of corporations such as Enron, WorldCom and HIH Insurance, to name but a few, have heightened investor awareness of the need to not only evaluate company performance, but also to consider the possibility that financial statements may not be a true reflection of company results, as fraudulent activities may have occurred during the reporting period. Since parties who are outside of the firm do not have access to pertinent information, they have to rely upon published financial and non-financial data to form an opinion regarding performance and/or the risk that fraudulent activities may have occurred. The prior literature shows a relationship between weak corporate governance and fraudulent activities, although most if not all of this research relates to Western economies. The differences in institutional setting e.g. cultural values and legal environment in Malaysia would not give the same findings with the study in western economies. Composing of many ethnicities, Malaysia is a multicultural country. With each ethnic group upholding its own culture, values and belief, businesses are conducted according to each ethnic's culture. The results of this study could shed some light on the influence of institutional setting regarding corporate governance. Companies that were charged with accounting and auditing offences from year 2003 to 2007 were selected as the fraudulent samples. Data was collected from the years these companies were charged with fraud and the year prior to that. Logistic regression analysis was carried out to determine the significant differences between fraudulent and non-fraudulent companies with respect to corporate governance characteristics. The results indicated that the size of the board and the percentage of institutional shareholdings had significant relationships with the likelihood of corporate fraud occurrences consistently across the two-year period studied. The results of this study will assist public, corporate and accounting policy makers in formulating more effective corporate governance mechanisms.en
dc.format.extent51-62en
dc.language.isoenen
dc.publisherSciedu Pressen
dc.relationThe original publication is available from - Sciedu Press - https://doi.org/10.5430/ijfr.v10n3p51en
dc.relation.urihttps://doi.org/10.5430/ijfr.v10n3p51en
dc.rights© Sciedu Pressen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.subjectcorporate frauden
dc.subjectfrauden
dc.subjecteconomic crimeen
dc.subjectcorporate governanceen
dc.titleCorporate governance attributes in fraud detterenceen
dc.typeJournal Article
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Financial and Business Systemsen
lu.contributor.unitVice Chancellor's Officeen
dc.identifier.doi10.5430/ijfr.v10n3p51en
dc.subject.anzsrc150303 Corporate Governance and Stakeholder Engagementen
dc.subject.anzsrc1503 Business and Managementen
dc.subject.anzsrc160201 Causes and Prevention of Crimeen
dc.subject.anzsrc140210 International Economics and International Financeen
dc.subject.anzsrc1402 Applied Economicsen
dc.subject.anzsrc1501 Accounting, Auditing and Accountabilityen
dc.subject.anzsrc1502 Banking, Finance and Investmenten
dc.relation.isPartOfInternational Journal of Financial Researchen
pubs.issue3en
pubs.notesAccepted 07 May 2019 Special Issueen
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/FABS
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/QE18
pubs.organisational-group/LU/Vice Chancellor's Office
pubs.publication-statusPublisheden
pubs.volume10en
dc.identifier.eissn1923-4031en
dc.rights.licenceAttributionen
lu.identifier.orcid0000-0002-2886-7349


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