Corporate Social Responsibility Enhanced Control Systems Reducing the Likelihood of Fraud

Waymond Rodgers, Arne Söderbom, Andrés Guiral

Research output: Contribution to journalArticlepeer-review

32 Citations (Scopus)

Abstract

All kinds of fraud are costly for the people engrossed both financially and often in terms of the time needed to clear their name when illegal use has been made of their personal details. The relationship among ethics, internal control, and fraud is important in the understanding of corporate social responsibility (CSR). This article uses an Ethical Process Throughput Model embedded in the Fraud triangle in order to better understand the interconnectedness of ethical positions and internal control systems that handle fraudulent situations. Ethical positions are utilized to underscore how ethical behavioral control systems can be appropriately applied, which can provide unparalleled security, enhanced convenience, heightened accountability, better fraud detection and is very effective in depressing fraud, thereby improving CSR among organizations.

Original languageEnglish
Pages (from-to)871-882
Number of pages12
JournalJournal of Business Ethics
Volume131
Issue number4
DOIs
Publication statusPublished - 2015 Nov 1

Bibliographical note

Funding Information:
This study was supported by the National Research Foundation of Korea Grant funded by the Korean Government (NRF-2012-S1A3A2-2012S1A3A2033412). Andres Guiral acknowledges financial contribution from the Spanish Ministry of Innovation and Science (research projects SEJ2004-00791ECON, SEJ2007-62215/ECON/FEDER, SEJ 2006-14021, ECO2010-17463 ECON-FEDER).

Publisher Copyright:
© 2014, Springer Science+Business Media Dordrecht.

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Business, Management and Accounting(all)
  • Arts and Humanities (miscellaneous)
  • Economics and Econometrics
  • Law

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