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Corporate Governance, Accounting and Auditing Scandals

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The International Corporate Governance System

Part of the book series: Global Financial Markets series ((GFM))

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Abstract

The corporate governance sagas in the US, the UK, Italy, and Japan have fuelled the essential belief our generation shares about corporations. Though a corporation is a social construct, we came to look and consider it as a person and expect it to comply with the societal tie or bondage without with no society or group can survive. The chapter will cover the best-known corporate scandals in the US, the EU, Asia-Pacific and South Africa. Most frauds could have been prevented if preventive actions were taken to curve the well-know triangle of fraud.

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Notes

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© 2014 Felix I. Lessambo

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Lessambo, F.I. (2014). Corporate Governance, Accounting and Auditing Scandals. In: The International Corporate Governance System. Global Financial Markets series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137360014_19

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