Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Systems of Deceit

Systems of Deceit

Toms Steven

Hardcover

Series: Frontiers of Accounting & Financial History

EconomicsInvesting & FinanceTrue Crime

ISBN10: 9811281009
ISBN13: 9789811281006
Publisher: World Scientific Publishing Company
Published: Mar 10 2024
Pages: 320
Weight: 1.31
Height: 0.75 Width: 6.00 Depth: 9.00
Language: English

Financial fraud is a serious and seemingly intractable problem. Financial scandals regularly punctuate newspaper headlines and regulators and auditors appear bereft of effective responses. But has this always been the case?


This book quantifies financial crime in the UK using three centuries of data. It demonstrates how financial fraud and scandal vary according to systematic economic and institutional arrangements. In doing so, it retells the history of British capitalism, from the mercantilism of the eighteenth century to the financial capitalism of the twenty-first century, illustrating the often negative consequences of economic ideology, policy and structure. It identifies periods when fraud has been less problematic and contrasts these with times when it has surged. The variation of outcomes reflects the balance of power between the state, industrial and financial sectors, the provision of credit through risky lending, and the effectiveness of audits. Rogue traders and other flawed individuals are frequently the focus of blame narratives constructed with the intention of deflecting comprehensive systematic reforms.

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