Download or read book Corporate Fraud in Japan written by Takashi Yasuoka and published by Cambridge Scholars Publishing. This book was released on 2019-06-20 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, numerous incidents of corporate fraud have been reported in Japan. These have occurred at a number of world-famous Japanese companies, including Toshiba, Olympus, and Kobe Steel, among others. Needless to say, these companies already had a risk management system in place; the problem here is why these systems didn’t function. On this issue, this book investigates eight incidents of corporate fraud in Japanese corporations, based on third-party investigation reports. It explores common problems in corporate governance and internal control systems present in these incidents, and discusses why these companies’ three lines of defense let them down. These observations are valuable for readers worldwide who study corporate governance, risk management, and business management.
Download or read book Preying on the Elderly written by Daisuke Suzuki and published by Castledown Publishers. This book was released on 2023-03-08 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Daisuke Suzuki presents a gripping true crime narrative that delves into the training and operations of young scammers in Japan, revealing their connections with organized crime. His account includes vivid portrayals of the scammers he personally interviewed, and highlights the societal tensions in Japan between the younger and older generations that contribute to this scam’s prevalence. The overall effect is nothing short of thrilling.
Download or read book FRAUDULENT FINANCIAL ACCOUNTING IN JAPAN written by Suematsu Yoshiaki and published by 友人社. This book was released on 2019-09-20 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The final objective of this book is to consider the reasons for the many illegal acts of window dressing that are perpetrated, to search for the reasons and mechanisms of window dressing from the previous research in both Japan and the US with regard to its definition, and to propose policies to curb the incidence of window dressing.This book is laden with the promise of contributing to society and is based the conviction that controlling the incidence of window dressing will foster sound development of companies in Japan and restore stability to the social and economic order in Japan, which has been in a state of turmoil.
Download or read book Exposure written by Michael Woodford and published by Penguin. This book was released on 2014-02-25 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Michael Woodford was made president of Olympus, he became the first Westerner ever to climb to the top of one of Japan’s corporate giants. Unfortunately, soon after, his dream job turned into a nightmare. Woodford learned about a series of bizarre mergers and acquisitions deals totaling $1.7 billion—a scandal that threatened to bring down the entire company if exposed. Just weeks later, he was fired in a boardroom coup that shocked Japan and the business world. Woodford fled the country in fear for his life and went straight to the press—making him the first CEO of a global multinational to blow the whistle on his own company. Now Woodford recounts his almost unbelievable true story and paints a devastating portrait of corporate Japan. “His story is filled with mystery, suspense, and betrayal.” —Management Today “A gripping chronicle.” —Kirkus Reviews “I had walked into a John Grisham novel.” —Michael Woodford
Download or read book Secrets Sex and Spectacle written by Mark D. West and published by University of Chicago Press. This book was released on 2008-09-15 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leader of a global superpower is betrayed by his mistress, who makes public the sordid details of their secret affair. His wife stands by as he denies the charges. Debates over definitions of moral leadership ensue. Sound familiar? If you guessed Clinton and Lewinsky, try again. This incident involved former Japanese prime minister Sosuke Uno and a geisha. In Secrets, Sex, and Spectacle, Mark D. West organizes the seemingly random worlds of Japanese and American scandal—from corporate fraud to baseball cheaters, political corruption to celebrity sexcapades—to explore well-ingrained similarities and contrasts in law and society. In Japan and the United States, legal and organizational rules tell us what kind of behavior is considered scandalous. When Japanese and American scandal stories differ, those rules—rules that define what’s public and what’s private, rules that protect injuries to dignity and honor, and rules about sex, to name a few—often help explain the differences. In the cases of Clinton and Uno, the rules help explain why the media didn’t cover Uno’s affair, why Uno’s wife apologized on her husband’s behalf, and why Uno—and not Clinton—resigned. Secrets, Sex, and Spectacle offers a novel approach to viewing the phenomenon of scandal—one that will be applauded by anyone who has obsessed over (or ridiculed) these public episodes.
Download or read book Scandal in Japan written by Igor Prusa and published by Taylor & Francis. This book was released on 2023-08-11 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an exploration of media scandals in contemporary Japanese society. In shedding new light on the study of scandal in Japan, the book offers a novel view of scandal as a specific mediatized ritual which follows moral disturbances throughout Japanese history. Media and society are analyzed largely in terms of social performances, while the focus is on how Japanese transgressors talk and act when explaining their scandals to the public. A detailed analysis of three case studies is provided: the drug scandal of the popular Japanese celebrity Sakai Noriko; the donation scandal centering the heavyweight politician Ozawa Ichirō; and the Olympus accounting fraud revealed by the British CEO Michael Woodford. This book will appeal to students and scholars of Japanese culture and society, anthropology, communication and media studies.
Download or read book Accounting Scandals and Eye Catching Frauds written by Cevdet Kizil and published by . This book was released on 2018 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is necessary to provide confidence to financial markets, so that they can function and develop in a successful manner. Inaccurate financial statements subject to fraud which initiate accounting scandals make it difficult for financial statements users to make the right decision. In order to assure transparency, reliability, objectively and standardization, financial statements are audited by independent auditors. However, the accounting scandals experienced in the 21st century has shown that, independent auditing firms do not always fulfill their duties completely. For this reason, legislation was introduced in United States of America (USA), Europe and Asian countries, including Japan. Public oversight bodies were also established. But despite the introduced laws, regulations, arrangements and public oversight bodies, the risk of accounting scandals still continues. This is partly due to the fact that laws, regulations, arrangements and introduction of public oversight bodies are delayed and they are not completely meeting the expectations of changing market conditions. Effective pro-active policies and actions are not in order as well. This paper investigates accounting scandals and eye-cathing frauds by making a comparison between USA and Japan, while considering and discussing the role of auditing.
Download or read book Corporate Security in the Asia Pacific Region written by Christopher J. Cubbage, CPP and published by CRC Press. This book was released on 2016-04-19 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: As corporations and governments become more litigious and risk averse, international risk management becomes more complex. Corporate Security in the Asia-Pacific Region: Crisis, Crime, Fraud, and Misconduct examines real cases of corporate crisis, crime, fraud, and other misconduct that corporate security professionals need to be aware of to effect
Download or read book Sokaiya written by Kenneth Szymkowiak and published by Routledge. This book was released on 2015-04-15 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sokaiya are extortionists who target Japanese corporations for payoffs. They threaten to reveal corporate secrets and scandals, usually at shareholder meetings. This book explores the curious but not unusual relationship that grows between executives and sokaiya, who also offer their services to protect the corporation from other sokaiya, thus becoming a necessary evil in the world of Japanese business. The book documents the history and development of sokaiya over the past 100 years since Japan first enacted a commercial code. It includes interviews with police, lawyers, corporate executives, as well as sokaiya and members of the yakuza (traditional Japanese gangsters).
Download or read book Corporate Fraud Handbook written by Joseph T. Wells and published by John Wiley & Sons. This book was released on 2017-05-01 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delve into the mind of a fraudster to beat them at their own game Corporate Fraud Handbook details the many forms of fraud to help you identify red flags and prevent fraud before it occurs. Written by the founder and chairman of the Association of Certified Fraud Examiners (ACFE), this book provides indispensable guidance for auditors, examiners, managers, and criminal investigators: from asset misappropriation, to corruption, to financial statement fraud, the most common schemes are dissected to show you where to look and what to look for. This new fifth edition includes the all-new statistics from the ACFE 2016 Report to the Nations on Occupational Fraud and Abuse, providing a current look at the impact of and trends in fraud. Real-world case studies submitted to the ACFE by actual fraud examiners show how different scenarios play out in practice, to help you build an effective anti-fraud program within your own organization. This systematic examination into the mind of a fraudster is backed by practical guidance for before, during, and after fraud has been committed; you'll learn how to stop various schemes in their tracks, where to find evidence, and how to quantify financial losses after the fact. Fraud continues to be a serious problem for businesses and government agencies, and can manifest in myriad ways. This book walks you through detection, prevention, and aftermath to help you shore up your defenses and effectively manage fraud risk. Understand the most common fraud schemes and identify red flags Learn from illustrative case studies submitted by anti-fraud professionals Ensure compliance with Sarbanes-Oxley and other regulations Develop and implement effective anti-fraud measures at multiple levels Fraud can be committed by anyone at any level—employees, managers, owners, and executives—and no organization is immune. Anti-fraud regulations are continually evolving, but the magnitude of fraud's impact has yet to be fully realized. Corporate Fraud Handbook provides exceptional coverage of schemes and effective defense to help you keep your organization secure.
Download or read book Corporate Fraud Responsibility written by William H. Manz and published by William S. Hein. This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sarbanes-Oxley Act is intended to change the way thatcorporations do business. It provides new standards ofcorporate responsibility, enhances disclosure requirements,provides for heightened criminal penalties, creates rightsof action, and sets up strict disclosure standards forpublic companies. The 2-volume core set contains the first54 documents of the complete set and would be of interest tolaw firms and general libraries. See item number 329080 forthe complete 10-volume set, which consists of the 2-volumecore set plus 8 supplemental volumes (for a total of 114documents).Please note: The 2-volume core set is not available for salein Japan.
Download or read book Corporate Governance in Japan written by Masahiko Aoki and published by OUP Oxford. This book was released on 2007-09-06 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debates regarding corporate governance have become increasingly important in Japan as the post-war model of bank-based, stakeholder-oriented corporate governance faces the new pressures associated with globalization and growing investor demands for shareholder value. Bringing together a group of leading scholars from economics, law, sociology and management studies, this book looks at how the Japanese approach to corporate governance and the firm have changed in the post-bubble era. The contributions offer a unique empirical exploration of why and how Japanese firms are reshaping their corporate governance arrangements, leading to greater diversity among firms and new 'hybrid' forms of corporate governance. The book concludes by looking at what effect these incremental but transformative changes may have on Japan's distinctive variety of capitalism.
Download or read book Fraud and Corruption written by Peter C. Kratcoski and published by Springer. This book was released on 2018-09-14 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides an overview of the major types of fraud and corrupt activities found in private and public agencies, as well as the various methods used to prevent fraud and corruption. It explores where opportunities for fraud exist, the personal characteristics of those who engage in fraud, as well as their prevention and control. This work covers fraud in the financial sector, insurance, health care, and police organizations, as well as cybercrime. It covers the relationship between fraud, corruption, and terrorism; criminal networks; and major types of personal scams (like identity theft and phishing). Finally, it covers the prevention and control of fraud, through corporate whistle blowing, investigative reporting, forensic accounting, and educating the public. This work will be of interest to graduate-level students (as well as upper-level undergraduates) in Criminology & Criminal Justice, particularly with a focus on white collar and corporate crime, as well as related fields like business and management.
Download or read book Exposure written by Michael Woodford and published by Portfolio. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Michael Woodford was made President and CEO of Olympus, he became the first westerner ever to climb the ranks of one of Japan's corporate giants. Within months he become the first company president to blow the whistle on his own firm, having uncovered and publicly exposed a $1.5 billion accounting fraud. He was dramatically fired, fled Japan in fear of his life, and instigated an investigation which continues to rock Japan to its core. Exposureis the story of how Michael Woodford chose the truth over an $8 million salary, and exposed the dark heart of the company he had dedicated his life to. 'I approached an empty park bench by an ice cream stand. The sound of children playing was all around. Nobody appeared to be looking at me, or monitoring me. I took out my one remaining mobile phone, and called the Financial Timescorrespondent based here in Tokyo. Mercifully, he picked up. 'Can we meet?' I asked him. The short wait seemed an eternity, but when he arrived I handed him a file. 'I need you to expose all of this,' I told him. 'And quickly.' 'What are you going to do now?' he asked. As I answered, I could hear the panic in my voice. 'I'm getting out.' 'When?' 'Now.' 'A sensational personal account of a man of great courage and principle who got to the top, and blew the whistle to glorious effect.' Jon Snow, Channel 4 News 'A study of boldness in action.' Lionel Barber, Editor, Financial Times 'The most celebrated international whistleblower of recent times... his story is filled with mystery, suspense, duplicity and betrayal.' Management Today 'A gripping chronicle by a corporate whistle-blower who achieved a stunning victory.' Kirkus
Download or read book Accounting Fraud written by Klaus Henselmann and published by International Progress Organization. This book was released on 2010 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing light to the dark side of business The number of high-profile accounting scandals is increasing. Accounting fraud is a real threat to modern business. The damage may be devastating, both financially and reputationally. No company – big or small – is immune to risk. The need for fraud prevention is critical. In this casebook, with forty-four prominent examples drawn exclusively from real-world fraud cases, Klaus Henselmann and Stefan Hofmann provide comprehensive and crucial knowledge about the topic of accounting fraud: - Unparalleled insights on the scams used by corporate executives to perpetrate accounting fraud - In-depth coverage of the scandalous events at major corporations that have caused so much panic and trauma throughout the world - A thorough examination of the circumstances leading to these corporate governance fiascos and public relations disasters - ?Useful practice aids for fraud-fighters, including a schedule of early warning signs, an “ethics barometer”, and an inquiry guide for fraud interviews This book is an invaluable resource to senior executives, financial officers, board members, audit committee members, auditors, attorneys, investors and many others. A must-read for anyone who cares about compliance and corporate integrity!
Download or read book Creative Accounting Fraud and International Accounting Scandals written by Michael J. Jones and published by John Wiley & Sons. This book was released on 2011-11-01 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business scandals are always with us from the South Sea Bubble to Enron and Parmalat. As accounting forms a central element of any business success or failure, the role of accounting is crucial in understanding business scandals. This book aims to explore the role of accounting, particularly creative accounting and fraud, in business scandals. The book is divided into three parts. In Part A the background and context of creative accounting and fraud is explored. Part B looks at a series of international accounting scandals and Part C draws some themes and implications from the country studies.
Download or read book Corporate Fraud Exposed written by H. Kent Baker and published by Emerald Group Publishing. This book was released on 2020-10-09 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Fraud Exposed uncovers the motivations and drivers of fraud including agency theory, executive compensation, and organizational culture. It delves into the consequences of fraud for various firm stakeholders, and its spillover effects on other corporations, the political environment, and financial market participants.
