PurposeWhile several facets of financial misconduct have been explored, one aspect which has largely bypassed the attention of researchers is the factors affecting such misconduct behavior in banks. To investigate this in detail, this paper aims to use disaggregated data on Indian banks for an ...
Damage to intellectual property is a form of academic misconduct which can have profound negative impacts on one’s career. When someone violates another person’s intellectual property rights by copying or stealing their work without permission, they engage in academic misconduct. This type of miscon...
As a business owner, you’re faced with the daunting task of addressing what is commonly known as “gross misconduct”. But what exactly constitutes it, and how should it be handled to avoid the many potential legal pitfalls? Mishandling these situations can lead to significant consequences for...
As cryptocurrency adoption grows, the SEC’s role is likely to become more defined, with the agency possibly strengthening its influence over the market. However, many advocates believe a new regulatory body dedicated to digital assets could better address the unique challenges of cryptocurrencies, ra...
While the SEC and FINRA both play a role in regulating the U.S. financial industry, these roles and the scope of each organization’s powers are different. The SEC is a governmental agency formed in the midst of the Great Depression as part of the Securities Act of 1933 and the Securitie...
The following features of financial risk analytics can be faulty, incomplete, or difficult to analyse – causing errors in predictions: Data: High-quality, accurate data is the foundation of effective risk analysis. But financial institutions can often struggle with inconsistent data formats, ...
Corporate fraud is the broad category of illegal activities carried out by a company or individuals within it. Accounting fraud falls under this umbrella.Corporate fraudalso includes insider trading, bribery, money laundering, tax evasion, and other forms of financial and nonfinancial misconduct. A s...
Layoffs occur when a company is faced with afinancial crisisand must cut its workforce to stay afloat. Sometimes, due to changes in company structure or amerger, certain departments are trimmed or eliminated. Rather than relying on natural attrition associated with voluntary employee departures, this...
As of the end of June 2023, the company's total liabilities amounted to 2.39 trillion yuan and its total assets were 1.74 trillion yuan, implying that net assets stood at -644.2 billion yuan, according to China Evergrande's financial report.These figures indicate that the company is ...
What Is an Unemployment Claim? An unemployment claim is a request for cash benefits made by an individual after they are laid off from their job. Claims are filed through state governments for temporary payments after people lose their jobs through no fault of their own. ...