RAMIFICATIONS OF MANAGEMENT FRAUD

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Abstract

Management Fraud is a form of fraud, which normally does not come on surface, but its impact is staggering both in economic terms as well its effect on victims. Fraud whether it is committed by an employee or a manager is a concern of total society. Controlling fraud is everyone’s business. However as citizens of a democratic society we accept the top executives of various organizations to foster conditions and create environment, which would inhibit temptations of the managerial staff to commit frauds. Primarily, responsibility for controls therefore lies with top executives, financial controllers, Auditors and Fraud Examiners. They can have a better understanding of the scope of management fraud and how to deal with it. The menace needs to be controlled. In order to understand what management Frauds is. It would be appropriate first to have some idea and appreciation for the term fraud “For that purpose one must know its legal definition, implications and the basic reasons for its occurrence. It is more so necessary because management fraud is nothing but ramification of fraud.

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Published

19-04-2021

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Copyright © 2026 by Sharad Kumar

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How to Cite

Kumar, Sharad. “RAMIFICATIONS OF MANAGEMENT FRAUD”. South Asian Law & Economics Review, vol. 6, Apr. 2021, pp. 109-20, https://journal.thelawbrigade.com/saler/article/view/879.