CrimProf Blog

Editor: Kevin Cole
Univ. of San Diego School of Law

Thursday, November 19, 2009

"Middle Managers Turn to Crime Amid Downturn"

The Wall Street Journal has the article here. Here's the lead:

The economic downturn has caused a global upsurge in accounting fraud and induced more middle managers to commit economic crimes, according to a study released Thursday by PricewaterhouseCoopers LLP.

The Global Economic Crime Survey, which surveyed 3,037 corporate employees in 54 countries in conjunction with the Fontainebleau, France-based INSEAD Business School, also found that fraud was more prevalent in companies with high-variable, performance-based pay schemes for senior executives.

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