Author(s): Pratibha Hooda

Abstract: Corporate fraud continues to threaten the integrity of financial markets and investor confidence globally. This study investigates the pivotal role of corporate disclosure and transparency norms in preventing and detecting fraudulent activities within organizations. Utilizing a mixed-methods approach, the research analyses quantitative data from financial reports and fraud case records, supplemented by qualitative insights from expert interviews and case studies. The findings reveal a strong negative correlation between stringent disclosure practices and fraud incidence, emphasizing the importance of regulatory frameworks such as the Sarbanes-Oxley Act and International Financial Reporting Standards. Evolving non-financial disclosures such as Environmental, Social, and Governance (ESG) reporting in fostering an ethical corporate culture. Despite progress, challenges related to enforcement inconsistencies and managerial resistance persist, necessitating continuous improvements in transparency norms. This research underscores the essential role of disclosure and transparency in building fraud-resistant organizations and contributing to sustainable market stability.

Pages: 07-15 | Views: 668 | Downloads: 294

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