Asian Journal of Business Ethics 9 (2):305-321 (2020)
AbstractOrganizations of all types are vulnerable to frauds. Banks contribute to a significant extent in a country’s economic development by generating a large part of revenue in the service sector. Deterrence of fraud is impossible without understanding it. The present study attempts to extract themes by highlighting the major areas of the bank fraud literature within a specific time frame of 2000–2019 and finding the research gaps citing the future scope for research. Post the review of existing literature, using thematic analysis, two major themes were observed by the author, namely, “regulatory and compliance”–based studies and studies related to the “socio psychological” aspect of the literature. An examination of themes indicated that the popularity of the research areas shifted from accounting frauds or balance sheet frauds in early 2000s to areas such as cyber frauds and identity theft at the later decade. The present study paves way forward for future research on the bank customer’s vigilance, experiences and perspectives on frauds. Other significant areas of research include coping mechanisms with the various challenges faced by banks in marketing themselves after any major fraud occurrence.
Similar books and articles
The link between corporate social and financial performance: Evidence from the banking industry. [REVIEW]W. Gary Simpson & Theodor Kohers - 2002 - Journal of Business Ethics 35 (2):97 - 109.
Banking with Ethics: Strategic Moves and Structural Changes of the Banking Industry in the Aftermath of the Subprime Mortgage Crisis.Elisabeth Paulet, Miia Parnaudeau & Francesc Relano - 2015 - Journal of Business Ethics 131 (1):199-207.
Operating Environment Changes and the Development of Banking-An Analysis Based on the European Banking.Zhi-jun Wang - 2009 - Nankai University (Philosophy and Social Sciences) 1:10-16.
Effects of Illegal Behavior on the Financial Performance of US Banking Institutions.Mohamad Jamal Zeidan - 2013 - Journal of Business Ethics 112 (2):313-324.
Financial Statement Frauds and Auditor Sanctions: An Analysis of Enforcement Actions in China.Michael Firth, Phyllis L. L. Mo & Raymond M. K. Wong - 2005 - Journal of Business Ethics 62 (4):367-381.
Ethical decision-making of banking and finance professionals and students.Ngo Thai Phuong, Greg Fisher & Bahaudin G. Mujtaba - 2014 - Asian Journal of Business Ethics 3 (2):141-153.
Book Review "Habib Ahmed, Mehmet Asutay, and Rodney Wilson (eds.), Islamic Banking and Financial Crisis: Reputation, Stability and Risk ". [REVIEW]Bashar H. Malkawi - 2015 - Review of Middle East Studies 49:59-60.
Humanistic and economistic approaches to banking – better banking lessons from the financial crisis?Michael Pirson, Anuj Gangahar & Fiona Wilson - 2016 - Business Ethics: A European Review 25 (4):400-415.
Attitudes of academic and clinical researchers toward financial ties in research: A systematic review.Bonnie E. Glaser & Lisa A. Bero - 2005 - Science and Engineering Ethics 11 (4):553-573.
Relative uncertainty in term loan projection models: what lenders could tell risk managers.Lisa Warenski - 2012 - Journal of Experimental and Artificial Intelligence 24 (4):501-511.
The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector.Maria-Gaia Soana - 2011 - Journal of Business Ethics 104 (1):133-148.
Analysis of social performance in the spanish financial industry through public data. A proposal.Marta de la Cuesta-González, María Jesús Muñoz-Torres & María Ángeles Fernández-Izquierdo - 2006 - Journal of Business Ethics 69 (3):289-304.
Wildcats in banking fields: the politics of financial inclusion. [REVIEW]Simone Polillo - 2011 - Theory and Society 40 (4):347-383.
Added to PP
Historical graph of downloads
Citations of this work
A crisis that changed the banking scenario in India: exploring the role of ethics in business.Sushma Nayak & Jyoti Chandiramani - 2022 - Asian Journal of Business Ethics 11 (1):7-32.
Impact of servant leadership on employee life satisfaction through Islamic work ethics in the Islamic banking industry.Hina Nazir, Muhammad Haroon Shoukat, Islam Elgammal & Safdar Hussain - 2022 - Asian Journal of Business Ethics 11 (1):137-157.
References found in this work
The Anatomy of Corporate Fraud: A Comparative Analysis of High Profile American and European Corporate Scandals.Bahram Soltani - 2014 - Journal of Business Ethics 120 (2):251-274.
Corporate Fraud and Managers’ Behavior: Evidence from the Press.Jeffrey Cohen, Yuan Ding, Cédric Lesage & Hervé Stolowy - 2010 - Journal of Business Ethics 95 (S2):271-315.
The Continued Need for Diversity in Fraud Research.Vikas Anand, M. Tina Dacin & Pamela R. Murphy - 2015 - Journal of Business Ethics 131 (4):751-755.
Defining and Understanding fraud: A South African Case Study.G. J. Rossouw - 2000 - Business Ethics Quarterly 10 (4):885-895.
Behavioural Red Flags of Fraud— A Qualitative Assessment.Namrata Sandhu - 2016 - Journal of Human Values 22 (3):221-237.