London and County Securities: a case study in audit and regulatory failure

Matthews, Derek

doi:10.1108/09513570510609342

Cited by 16 publications

(17 citation statements)

References 14 publications

(5 reference statements)

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“…Studies involving interviews, case studies (e.g. Matthews 2005) and questionnaires/surveys (e.g. are focusing less on testing established hypotheses derived from finance theory and more on developing new theoretical models using, for example, a grounded theory approach to research (e.g.…”

Section: Broadening the Methodological Approach And Techniques Appliedmentioning

confidence: 99%

Corporate governance, accountability and mechanisms of accountability: an overview

Brennan

Solomon²

2008

Accounting, Auditing &Amp; Accountability Journal

385

259

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Publication date 2008 Publication informationAccounting, Auditing and Accountability Journal, 21 (7) 1 Acknowledgments: We are indebted to the many authors who made submissions to this special issue. We are also grateful for the large number of colleagues who reviewed those submissions. We thank James Guthrie and Lee Parker for their guidance throughout the preparation of the special issue. Finally, we thank the referees and Howard Mellett (Cardiff University) for their constructive and useful comments on this introduction to the special issue. AbstractPurpose -This paper reviews traditional corporate governance and accountability research, to suggest opportunities for future research in this field. The first part adopts an analytical frame of reference based on theory, accountability mechanisms, methodology, business sector/context, globalisation and time horizon. The second part of the paper locates the seven papers in the special issue in a framework of analysis showing how each one contributes to the field. The paper presents a frame of reference which may be used as a 'roadmap' for researchers to navigate their way through the prior literature and to position their work on the frontiers of corporate governance research.Design/methodology/approach -The paper employs an analytical framework, and is primarily discursive and conceptual.Findings -The paper encourages broader approaches to corporate governance and accountability research beyond the traditional and primarily quantitative approaches of prior research. Broader theoretical perspectives, methodological approaches, accountability mechanism, sectors/contexts, globalisation and time horizons are identified.Research limitations/implications -Greater use of qualitative research methods are suggested, which present challenges particularly of access to the "black box" of corporate boardrooms.Originality/value -Drawing on the analytical framework, and the papers in the special issue, the paper identifies opportunities for further research of accountability and corporate governance.

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Section: Broadening the Methodological Approach And Techniques Appliedmentioning

confidence: 99%

Corporate governance, accountability and mechanisms of accountability: an overview

Brennan

Solomon²

2008

Accounting, Auditing &Amp; Accountability Journal

385

259

View full text Add to dashboard Cite

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“…This is interesting to note because it does not seem to complicate things that much when prosecuting "street crimes". So, again, prosecution only favours the powerful (Dellaportas, 2013;Matthews, 2005;Mitchell, Sikka, & Willmott, 1998).…”

Section: Historical and Contemporary Perspective On Financial Crime Pmentioning

confidence: 99%

“…In hybrid offending, the target is the organisation itself (Clikeman, 2009;Jones, 2011;Gabbioneta et al, 2013;Matthews, 2005;Neu et al, 2013a;Rezaee, 2005).…”

Section: Individual Decision Making and The Choice To Offend In Accoumentioning

confidence: 99%

Theorizing Financial Crimes as Moral Actions

Lokanan

2017

European Accounting Review

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Abstract:The paper maintains that all acts of financial crimes can be explained within a general theory of moral action and analyzed as such. In this regard, the paper presents such a theorySituational Action Theory (SAT) -and argues that acts of financial crimes result from a perception-choice process involving rational deliberation and experimental habituation, themselves the outcomes of interactions between individuals and their environments. To examine this argument, the paper draws on two recent high profile fraud cases to critically discuss the extent to which these crimes should be meaningfully and innovatively analysed as moral actions and the moral context in which they occur. The findings indicate that the feature most relevant to a criminogenic is its moral context in relation to the opportunities and frictions that it generates. As such, environmental factors along with psychosocial processes of moral education become particularly important in the explanation of why certain moral contexts emerge in particular kinds of settings at a particular point in time. In this regard, SAT can be used as a powerful overarching framework to gain a more comprehensive understanding of peoples' choice processes to breach moral rules and devise effective crime prevention strategies to combat fraud.

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“…Discourse on fraud prevention and, in particular, the discursive construction of management fraud (i.e., material misstatements resulting from fraudulent financial reporting) reflects both complementary and contested ideological positions (see Tupper, 2008;Matthews, 2005;Machin & Mayr, 2012). Generally, the term 'ideology' may be understood to represent "complex ways in which meaning is mobilized for the maintenance of relations and domination" (Thompson, 1990: 8;see also van Dijk, 1993), while a more attenuated construction of the concept of ideology draws "our attention to the ways in which meaning is mobilized in the service of dominant individuals and groups" (Thompson, 1990: 73).…”

Section: Cda and Fraudmentioning

confidence: 99%