Self-Focussed Firms Most at Risk of ‘Creative Accounting’

The more a business encourages people to look after themselves first, the greater the risk that managers and executives will massage the books, according to Dutch and Australian researchers. An anonymous survey of 550 Dutch managers found that businesses that encourage ‘me first’ thinking (such as through individual performance incentives) encouraged managers to hide problems by shifting budget lines and deferring payments. Read more here


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