From a stakeholder theory approach, this paper reports on a comparative case study between the Board of Audit of Japan (BOAJ) and the Board of Audit and Inspection of Korea (BAIK) on how to balance independence and responses to stakeholders' needs within their limited resources. The empirical...

This study adds to the accounting history literature by looking at features common to major defalcations in two small-sized building societies (namely the Wakefield and the Grays). These features were the dominance of an individual over a building society’s systems, and poor systems of...