Cover Image

Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud

This paper examined the characteristics of board of directors that are effective in mitigating corporate frauds by critically reviewing findings from previous and recent studies. The board of directors’ roles are first assessed in order to investigate their statutory duties and responsibilities, whi...

Full description

Saved in:
Bibliographic Details
Main Authors: Mohd Uzir, Abdul Azim, Mohd Saat, Nur Ashikin
Format: Article
Published: Research and Scientific Innovation Society 2023
Online Access:http://psasir.upm.edu.my/id/eprint/100838/
https://www.rsisinternational.org/virtual-library/papers/critical-insights-into-the-attributes-of-an-effective-board-of-directors-as-a-deterrent-to-corporate-fraud/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.upm.eprints.100838
record_format eprints
spelling my.upm.eprints.1008382023-08-22T03:47:36Z http://psasir.upm.edu.my/id/eprint/100838/ Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud Mohd Uzir, Abdul Azim Mohd Saat, Nur Ashikin This paper examined the characteristics of board of directors that are effective in mitigating corporate frauds by critically reviewing findings from previous and recent studies. The board of directors’ roles are first assessed in order to investigate their statutory duties and responsibilities, which will influence their governing actions to implement and enforce monitoring and disciplining measures to prevent misconduct and malpractice. The gender diversity of board members, corporate experience, independence, and frequency of board meetings are key board authorities, reputation, and influence in controlling fraudulent conduct in organisations. The establishment of specific law enforcement authorities and laws, specifically the Anti-Corruption Commission, the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities, the Penal Code, and the Companies Act, are critical components in ensuring that fraudulent activities are prevented. Research and Scientific Innovation Society 2023-01 Article PeerReviewed Mohd Uzir, Abdul Azim and Mohd Saat, Nur Ashikin (2023) Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud. International Journal of Research and Scientific Innovation (IJRSI), 10 (1). ISSN 2321-2705 https://www.rsisinternational.org/virtual-library/papers/critical-insights-into-the-attributes-of-an-effective-board-of-directors-as-a-deterrent-to-corporate-fraud/ 10.51244/IJRSI
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description This paper examined the characteristics of board of directors that are effective in mitigating corporate frauds by critically reviewing findings from previous and recent studies. The board of directors’ roles are first assessed in order to investigate their statutory duties and responsibilities, which will influence their governing actions to implement and enforce monitoring and disciplining measures to prevent misconduct and malpractice. The gender diversity of board members, corporate experience, independence, and frequency of board meetings are key board authorities, reputation, and influence in controlling fraudulent conduct in organisations. The establishment of specific law enforcement authorities and laws, specifically the Anti-Corruption Commission, the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities, the Penal Code, and the Companies Act, are critical components in ensuring that fraudulent activities are prevented.
format Article
author Mohd Uzir, Abdul Azim
Mohd Saat, Nur Ashikin
spellingShingle Mohd Uzir, Abdul Azim
Mohd Saat, Nur Ashikin
Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
author_facet Mohd Uzir, Abdul Azim
Mohd Saat, Nur Ashikin
author_sort Mohd Uzir, Abdul Azim
title Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
title_short Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
title_full Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
title_fullStr Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
title_full_unstemmed Critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
title_sort critical insights into the attributes of an effective board of directors as a deterrent to corporate fraud
publisher Research and Scientific Innovation Society
publishDate 2023
url http://psasir.upm.edu.my/id/eprint/100838/
https://www.rsisinternational.org/virtual-library/papers/critical-insights-into-the-attributes-of-an-effective-board-of-directors-as-a-deterrent-to-corporate-fraud/
_version_ 1776248903141687296
score 13.211869

Similar Items