Abstract
The downfall of giant corporations revealed coalitions of the crime by key players in the organizations, most importantly including accounting professionals who have access to finance and control. The remedy for such coalitions is crucial in order to suppress corporate crime from threatening the global economy. For such reasons, there rise the needs to look at corporate crime in the perspective of the accounts professionals who play some of the most important role in the prevention measures. The purpose of this paper is to investigate the level of tolerance toward corporate crime behaviors in the perception of accounting professionals in Malaysia. Questionnaire was used in this study to seek MIA members’ feedback about 15 given corporate crime scenarios which cover various types of corporate crime. The results indicate that accounting professionals in Malaysia show the lowest tolerance level toward fraud attempts while giving relatively the highest tolerance level toward promoting buddy situations in corporate crime. Furthermore, the result shows that there is a significant difference in scores for those who have formal religious and groups who do not have formal religious education. The results also indicate lower likelihood to corporate crime tolerance for those who have formal religious education in relation to those without formal religious education, thus suggesting for formal religious educational background as an important indication to lower the propensity for corporate crime behaviors in the future.
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The research was financially supported by the Accounting Research Institute (ARI) and Ministry of Higher Education (MOHE).
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Abdullah, W.N., Said, R., Saad, S.M., Omar, N. (2016). Corporate Crime Tolerance of Accounting Professionals in Malaysia. In: Mohd Sidek, N., Ali, S., Ismail, M. (eds) Proceedings of the ASEAN Entrepreneurship Conference 2014. Springer, Singapore. https://doi.org/10.1007/978-981-10-0036-2_19
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DOI: https://doi.org/10.1007/978-981-10-0036-2_19
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