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Izvorni znanstveni članak
https://doi.org/10.2478/bsrj-2020-0002

Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman

Ali Rehman   ORCID icon orcid.org/0000-0002-6166-7242 ; Internal Audit Department, A'Sharqiyah University, Sultanate of Oman
Fathyah Hashim ; Graduate School of Business, Universiti Sains Malaysia, Malaysia

Puni tekst: engleski, pdf (928 KB) str. 16-30 preuzimanja: 134* citiraj
APA 6th Edition
Rehman, A. i Hashim, F. (2020). Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman. Business Systems Research, 11 (1), 16-30. https://doi.org/10.2478/bsrj-2020-0002
MLA 8th Edition
Rehman, Ali i Fathyah Hashim. "Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman." Business Systems Research, vol. 11, br. 1, 2020, str. 16-30. https://doi.org/10.2478/bsrj-2020-0002. Citirano 08.08.2020.
Chicago 17th Edition
Rehman, Ali i Fathyah Hashim. "Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman." Business Systems Research 11, br. 1 (2020): 16-30. https://doi.org/10.2478/bsrj-2020-0002
Harvard
Rehman, A., i Hashim, F. (2020). 'Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman', Business Systems Research, 11(1), str. 16-30. https://doi.org/10.2478/bsrj-2020-0002
Vancouver
Rehman A, Hashim F. Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman. Business Systems Research [Internet]. 2020 [pristupljeno 08.08.2020.];11(1):16-30. https://doi.org/10.2478/bsrj-2020-0002
IEEE
A. Rehman i F. Hashim, "Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman", Business Systems Research, vol.11, br. 1, str. 16-30, 2020. [Online]. https://doi.org/10.2478/bsrj-2020-0002

Sažetak
Background: Fraud risk assessment as a control mechanism is becoming necessary due to continuous and never-ending fraudulent activities. Frauds arise regardless of the existence of codes for corporate governance and available control activities such as those of internal and external audit units. It is high time for the corporate governance functions such as Audit and Risk Committees and Senior Management to identify the controls, which can assist in achieving good corporate governance and at the same time provide satisfaction to the shareholders. Objective: This paper intends to identify the relationship between fraud risk assessment and good corporate governance of companies listed in the Muscat Stock Market in the Sultanate of Oman. Methods/Approach: A quantitative method with a descriptive cross-sectional survey design has been utilized and data have been analysed by utilizing PLS-SEM. Result: Fraud risk assessment has a significant direct impact on good corporate governance, and the adoption and implementation of the fraud risk assessment will assist in the achievement of good corporate governance. Conclusion: It is highly recommended that organizations adopt fraud risk assessment as fraud detection, control mechanism, and embed it in their corporate governance policies, which will eventually aid in the achievement of good corporate governance.

Ključne riječi
fraud risk assessment; good corporate governance; corporate governance; audit and risk committee; senior management

Hrčak ID: 236271

URI
https://hrcak.srce.hr/236271

Posjeta: 278 *