Watchdogs Coursework Example | Topics and Well Written Essays - 500 words

Watchdogs - Coursework Example Research conducted on fraud has revealed that fraud perpetrators and experts of embezzlement against their employers usually do this as a result of pressure, rationalization and opportunity. In this case, it is evident that pressure, rationalization and opportunity that results in fraud are as a result of poor internal control commonly referred to as sleeping (napping) watchdogs. In the case of opportunity, the perpetrator identifies a loophole in the control system and believes that they can fraud and goes undetected. Those who perpetrate fraud as a result of rationalization do it as a result of uncontrolled personal code of conduct. Perpetrators who respond to pressure usually have financial predicaments that motivate them to steal This analysis highlighted above indicates that watchdogs are responsible for abating fraud crime. In this case, strict measures should be implements in order to accost irresponsibility in the control departments. To address this, watchdogs in corporations should be charged together with the perpetrators. In this case, when a person is caught having embezzled corporate fund, a litigation should not only be brought against them, but also those in charge of preventing such case. The site, Corporate Accountability International, provides a platform where these corporate crimes of fraud and embezzlement of fund can be prevented. The organization, backed by members, activist, volunteers and allied organizations, is positioned to be instrumental in realizing a corporate scene free from white-collar crimes. With a mission of bringing to an end the life-threatening cruelty by global corporations, they ideally positioned to restore a sense of responsibility and accountability to public institutions around the world. Having recognized how global corporations have increasing been operating beyond