Management as a Regulated Profession Essay Example | Topics and Well Written Essays - 3500 words

Management as a Regulated Profession - Essay ExampleThe introduction of strict legislative texts, like the Sarbanes-Oxley snatch in the USA, has been proved to be an initial measure for the limitation of parody in modern organizations (Heier et al., 2005, p.39). In the inbred organizational environment, the competency of a firm to prevent fraud is depended on the level of cooperation/ coordination among employees at different levels of the organizational hierarchy. Under these terms, the human resources systems used within a specific organization argon considered to be crucial for the success of the organizational initiatives against fraud. It should be noted that the effects of internal fraud on disdain performance thunder mug be differentiated in accordance with the nature of business operations, the business structure and the aims/ objectives of each organization different assumptions are made in the literature regarding the effects of internal fraud on organizational perfor mance different plans of action can be suggested for mitigating fraud in firms that operate in various industrial sectors. Greenlee et al. (2007) focus on the relationship between the internal fraud and the type of organizational structure the emphasis is given on non-profit organizations where the losses due to fraudulent activities can directly reduce resources available to address tax-exempt purposes (Greenlee eta, 2007, 676). On the other hand, Levi (2008) notes that the expansion of global disgust has been rapid due to the increased ability of would-be perpetrators to recognize and act on specific opportunities (Levi, 2008, p.389). From other point of view, the external organizational environment is likely to affect a firms ability to see to it crime the specific view is supported by Tilley et al. (2008) who emphasize on the difficulty to control crime in organizations that operate in high crime neighbourhoods (Tilley et al., 2008, 443).