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Journal of Undergraduate Research

Keywords

labor productivity, financial fraud, market economy, business corruption

College

Humanities

Department

German and Russian

Abstract

Financial fraud is damaging many businesses and destroying investor confidence in our capital markets, as witnessed by the long string of accounting scandals uncovered in the U.S. While some businesses, such as Enron, have suffered complete dissolution as a result of catastrophic management fraud, smaller forms of business corruption all take their toll in reducing a company’s profitability.

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