Fraud What Starts Small Can Snowball

Sweeney, Paul
December 2003
Financial Executive;Dec2003, Vol. 19 Issue 9, p18
Academic Journal
This article presents an examination into the reasons behind the occurrence of financial fraud and corruption in some companies in the U.S. The author provides various views from business ethicists and law experts on the cause of financial fraud, noting that most fraud occurs as the result of dysfunctional organizational behavior that goes unchecked. The author discusses some of the characteristics of companies most likely to yield to fraud as well as the efforts of the telecommunications company MCI to promote business ethics in their employees.


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