Corporate social responsibility enhanced control systems reducing the likelihood of fraud

Rodgers, Waymond; Söderbom, Arne; Guiral, Andrés

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.

Citation

Rodgers, W., Söderbom, A., & Guiral, A. (2015). Corporate social responsibility enhanced control systems reducing the likelihood of fraud. Journal of Business Ethics, 131(4), 871-882. https://doi.org/10.1007/s10551-014-2152-5

• Journal Article Type: Article
• Acceptance Date: Mar 13, 2014
• Online Publication Date: Apr 2, 2014
• Publication Date: 2015-11
• Deposit Date: May 15, 2019
• Journal: Journal of Business Ethics
• Print ISSN: 0167-4544
• Electronic ISSN: 1573-0697
• Publisher: Springer Publishing Company
• Peer Reviewed: Peer Reviewed
• Volume: 131
• Issue: 4
• Pages: 871-882
• DOI: https://doi.org/10.1007/s10551-014-2152-5
• Keywords: Fraud; Ethics; Internal controls; Throughput model; Corporate social responsibility
• Public URL: https://hull-repository.worktribe.com/output/1788786
• Publisher URL: https://link.springer.com/article/10.1007%2Fs10551-014-2152-5