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Intra-Community Fraud among UK and German Expatriate Entrepreneurs in Spain: A Trust and Social Networks-Based Explanation

  • Andreas Hoecht
Part of the The Academy of International Business book series

Abstract

In a recent comparative study undertaken in 2006, the present author investigated the business strategies of German and UK emigrant entrepreneurs based in Spain, with particular attention to their risk mitigation strategies and the role of trust and social networks in mitigating risks among these expatriate groups (see Wilson-Edwardes and Hoecht, 2008). While undertaking our empirical research, the author was alerted by interviewees and desk research to the substantial amount of intra-community fraud that takes place among UK and German emigrant entrepreneurs in Spain. This observation had not been anticipated when the initial research commenced, but it was later found that intra-community fraud within the German and UK expatriate communities in Spain is now such a widespread phenomenon that it has been featured in German media (for example, 3 SAT, 14 July 2006), and to a lesser extent in UK media. During the empirical research, it was found that almost all of the interviewees reported such intra-community fraud and all the key informants (solicitors, accountants and business advisors) reported such incidences.

Keywords

Social Capital Host Society Risk Mitigation Strategy Fellow Group Member Contemporary Challenge 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Andreas Hoecht 2009

Authors and Affiliations

  • Andreas Hoecht

There are no affiliations available

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