Author : Steven Toms
Release : 2024-02-28
Genre : Business & Economics
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Book Rating : 025/5 ( reviews)

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Systems Of Deceit: Financial Fraud And Scandal In The United Kingdom, 1700-2010 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Systems Of Deceit: Financial Fraud And Scandal In The United Kingdom, 1700-2010 write by Steven Toms. This book was released on 2024-02-28. Systems Of Deceit: Financial Fraud And Scandal In The United Kingdom, 1700-2010 available in PDF, EPUB and Kindle. Financial fraud is a serious and seemingly intractable problem. Financial scandals regularly punctuate newspaper headlines and regulators and auditors appear bereft of effective responses. But has this always been the case?This book quantifies financial crime in the UK using three centuries of data. It demonstrates how financial fraud and scandal vary according to systematic economic and institutional arrangements. In doing so, it retells the history of British capitalism, from the mercantilism of the eighteenth century to the financial capitalism of the twenty-first century, illustrating the often negative consequences of economic ideology, policy and structure. It identifies periods when fraud has been less problematic and contrasts these with times when it has surged. The variation of outcomes reflects the balance of power between the state, industrial and financial sectors, the provision of credit through risky lending, and the effectiveness of audits. 'Rogue traders' and other flawed individuals are frequently the focus of blame narratives constructed with the intention of deflecting comprehensive systematic reforms.