Ethical Leaders

  • Ranesh Sivnarain
Living reference work entry
DOI: https://doi.org/10.1007/978-3-319-31816-5_3399-1

Synonyms

Definition

Ethical leaders conform to accepted standards of conduct.

Introduction

The prevention of fraud has become an integral component of conducting business throughout the world. With the advent of evolving business practices, organizations conducting business across geographical and political borders, and the sophistication of computer technology, fraudsters have adapted their modi operandi to perpetrate fraud in the twenty-first century. In order to prevent fraud, governments have enacted legislation, while leaders of organizations in general have implemented or amended fraud prevention policies and procedures. There is a thrust to inculcate an ethical ethos within organizations. This chapter elaborates on the relevance of ethical leaders within organizations.

The Conduct of Unethical Leaders

Unethical conduct in the form of fraud and corruption is becoming ubiquitous. A poor ethical culture set by leaders is a...

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References

  1. Association of Certified Fraud Examiners (ACFE) (2016) Report to the nations on occupational fraud and abuse. Retrieved April 13, 2017 at http://www.acfe.com/rttn2016.aspx
  2. Chartered Institute of Management Accountants (CIMA) (2008) Fraud risk management: a guide to good practice. Retrieved January 23, 2017 at http://www.cimaglobal.com/documents/importeddocuments/cid_techguide_fraud_risk_management_feb09.pdf.pdf
  3. Committee of Sponsoring Organisations of the Treadway Commission (COSO) (2017) Internal control – integrated framework. Retrieved February 4, 2017 at http://www.coso.org/documents/990025P_Executive_Summary_final_may20_e.pdf
  4. Institute of Directors in Southern Africa (King IV) (2016) King code of governance for South Africa. Retrieved January 15, 2017 at https://c.ymcdn.com/sites/iodsa.site-ym.com/resource/collection/684B68A7-B768-465C-8214-E3A007F15A5A/IoDSA_King_IV_Report_-_WebVersion.pdf
  5. KPMG (2016) Global profiles of the fraudster. Retrieved February 25, 2017 at https://assets.kpmg.com/content/dam/kpmg/pdf/2016/05/profiles-of-the-fraudster.pdf
  6. Merriam-Webster (2017a) Retrieved February 25, 2017 at http://www.merriam-webster.com/dictionary/circumvent
  7. Merriam-Webster (2017b) Retrieved February 25, 2017 at http://www.merriam-webster.com/dictionary/override
  8. Price Waterhouse Coopers (PwC) (2014) Global economic crime survey. Retrieved March 30, 2017 at https://www.pwc.co.za/en/assets/pdf/global-economic-crime-survey-2014.pdf
  9. U.S. Securities and Exchange Commission (2017) Office of the whistleblower. Retrieved March 11, 2017 at http://www.sec.gov/whistleblower

Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  1. 1.Forensic ServicesUniversity of KwaZulu-NatalDurbanSouth Africa