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Corporate Governance & Fraud Risk Management
book

Corporate Governance & Fraud Risk Management

by Balwinder Singh
January 2014
Intermediate to advanced content levelIntermediate to advanced
92 pages
3h 17m
English
Pearson Education India
Content preview from Corporate Governance & Fraud Risk Management
12 | Chapter 2
To retain controlling stake over a company
after public oer of its shares.
To get higher performance bonuses, other
monetary incentives and promotions.
To squeeze out minority share holders.
Financial Statement Frauds
to Induce Banks and Financial
Institutions
The most common objective of committing-
nancial statement frauds is to induce banks and
nancial institutions, to give credit facilities be-
yond the real borrowing capacity of the com-
pany. For this purpose, controlling share holders
falsely project higher net worth and equity base
of the company, inate turnover and tailor other
parameters that banks and nancial ...
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Publisher Resources

ISBN: 9789332540866