21st Century Corporate Financial Crime: Statistical Portrait, Executive and Firm Risk Factors, and Rich Database

The purpose of this research is to identify antecedent conditions or risk factors for corporate financial fraud (CFF). The project will develop statistical portraits of firms and their top-level executives involved in CFF; identify risk and protective factors (executive, firm, industry); and, establish indicators for analyzing public companies and top executive for involvement in CFF ranging from administrative to criminal violations. Data will be collected on all securities law violations from 2005-2010 using financial and other databases to compare: top executives' backgrounds and value orientations, organizational, and industry characteristics. Analyses will describe offense and offender characteristics, and profile characteristics of fraud with non-fraud firms and executives, and include statistical tests to model additive and interactive effects of executive and firm attributes on CFF.

ca/ncf