کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
9727026 1479579 2005 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Control fraud, gambling for resurrection, and moral hazard: Accounting for white-collar crime in the savings and loan crisis
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Control fraud, gambling for resurrection, and moral hazard: Accounting for white-collar crime in the savings and loan crisis
چکیده انگلیسی
This paper reviews the relevant literature regarding the role of control fraud, or major frauds committed by controlling organizational insiders, in the savings and loan crisis. Using both economics and criminological concepts, it contrasts the claims made by “fraud minimalists” with those who saw fraud playing a significant role in the crisis. The paper concludes that the economics-based official history of the debacle that sees moral hazard and gambling for resurrection as responsible for major financial losses is not supported by the empirical data generated by criminological research.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Journal of Socio-Economics - Volume 34, Issue 6, December 2005, Pages 756-770
نویسندگان
,