Fraud Risk Management Over Financial Reporting: A Contingency Theory Perspective

Authors

  • Ebenezer K. Lamptey Morgan State University
  • Robert P. Singh Morgan State University

DOI:

https://doi.org/10.33423/jlae.v15i4.171

Keywords:

Leadership, Accountability, Business Management, Fraud risk management

Abstract

Fraud risk management an integral part of managing modern organizations. We examine the role that contingency variables play in fraud risk management. We consider environmental uncertainties, organization strategy, and organization size and note negative effects on fraud risk management. We argue that the prospector strategy is more likely to result in stronger controls and hence reduce the likelihood that fraud will be reported in the financial statements. On the other hand, when organizations choose a defender strategy, they are less likely to have strong controls, and there is an increased likelihood of fraud.

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Published

2018-12-01

How to Cite

Lamptey, E. K., & Singh, R. P. (2018). Fraud Risk Management Over Financial Reporting: A Contingency Theory Perspective. Journal of Leadership, Accountability and Ethics, 15(4). https://doi.org/10.33423/jlae.v15i4.171

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Section

Articles