Wirecard might still be one of Europe’s most feted tech firms, were it not for a small band of sceptics—including Dan McCrum. The investigative journalist at the Financial Times (FT) first heard about the company in 2013, jotting down its name with a question mark after a hedge-fund ...
For too long, it found all kinds of bureaucratic excuses to avoid looking into Wirecard seriously. When it finally did, BaFin’s regulators did not target company management but rather the journalists behind the critical reports and also unnamed hedge funds. Conspiracy theorists went ballistic when...
This is what exactly happened in the case of the Wirecard, which ultimately forced the whistleblower to go to the premium business publication, Financial Times or FT, with his findings on the fraud being perpetrated at Wirecard. FT, took it upon itself to assign reporters and experts on the ...
the chapter case study is the recent Wirecard Scandal. I apply a political economy framework to shed light on the influence of regulation on innovation and the tight network of regulators and financial actors in the innovation system of Germany. Results show that regulatory avoidance can be hidden...