We build a theoretical framework for cross-border fraud in which fraud complaints follow a gravity model. Using several … estimates to estimate country-level fraud rates and identify clusters of countries with high fraud rates. Finally, in line with … our model predictions, high fraud rates are negatively correlated with per-capita GDP and measures of strong regulatory …

A General Overview of Fraud -- Specific Cases from Emerging Economies -- Fraud from two Professional Perspectives …Fraud has become a challenging phenomena affecting economies worldwide. Anti-fraud measures are an integral part of … analyzing the impact of fraud on developing economies, describing successful anti-fraud methods and featuring cases that …

We examine the impact on corporate fraud of a firm’s adopting an employee stock ownership plan (ESOP) using a sample of … Chinese firms. We document that ESOPs promote corporate fraud and inhibit fraud detection. The results are robust after … accounting for potential endogeneity, alternative metrics of corporate fraud, and the time from fraud to detection. Additional …

We provide a lower-bound estimate of the undetected share of corporate fraud. To identify the hidden part of the … frauds are detected. We estimate that on average 10% of large publicly traded firms are committing securities fraud every … year, with a 95% confidence interval of 7%-14%. Combining fraud pervasiveness with existing estimates of the costs of …

Korruption und Betrug Schäden in Milliardenhöhe. Hauptursache sind mangelnde Kontrollen und zu viele ungesicherte …