TY - DATA T1 - The Cressey hypothesis (1953) and an investigation into the occurrence of corporate fraud: an empirical analysis conducted in Brazilian banking institutions PY - 2017/12/05 AU - Michele Rílany Rodrigues Machado AU - Ivan Ricardo Gartner UR - https://scielo.figshare.com/articles/dataset/The_Cressey_hypothesis_1953_and_an_investigation_into_the_occurrence_of_corporate_fraud_an_empirical_analysis_conducted_in_Brazilian_banking_institutions/5668792 DO - 10.6084/m9.figshare.5668792.v1 L4 - https://ndownloader.figshare.com/files/35748464 L4 - https://ndownloader.figshare.com/files/35748467 L4 - https://ndownloader.figshare.com/files/35748470 L4 - https://ndownloader.figshare.com/files/35748473 L4 - https://ndownloader.figshare.com/files/35748476 L4 - https://ndownloader.figshare.com/files/35748479 L4 - https://ndownloader.figshare.com/files/35748482 L4 - https://ndownloader.figshare.com/files/35748485 L4 - https://ndownloader.figshare.com/files/35748488 L4 - https://ndownloader.figshare.com/files/35748491 L4 - https://ndownloader.figshare.com/files/35748494 L4 - https://ndownloader.figshare.com/files/35748497 L4 - https://ndownloader.figshare.com/files/35748500 L4 - https://ndownloader.figshare.com/files/35748503 L4 - https://ndownloader.figshare.com/files/35748506 L4 - https://ndownloader.figshare.com/files/35748509 L4 - https://ndownloader.figshare.com/files/35748512 L4 - https://ndownloader.figshare.com/files/35748515 L4 - https://ndownloader.figshare.com/files/35748518 L4 - https://ndownloader.figshare.com/files/35748521 L4 - https://ndownloader.figshare.com/files/35748524 L4 - https://ndownloader.figshare.com/files/35748527 KW - corporative fraud KW - banking institutions KW - fraud triangle N2 - ABSTRACT This article fills a technical-scientific gap that currently exists in the Brazilian literature on corporative fraud, by combining the theoretical framework of agency theory, of criminology, and of the economics of crime. In addition, it focuses on a sector that is usually excluded from analyses due to its specific characteristics and shows the application of multinomial logit panel data regression with random effects, which is rarely used in studies in the area of accounting. The aim of this study is to investigate the occurrence of corporative fraud, as well as cases of fraud in Brazilian banking institutions, by using detection variables related to the Cressey fraud triangle. Research into fraud and methods of detecting fraud has grown in management literature, especially after the occurrence of various corporative scandals in the 1990s. Although regulatory agencies have increased their investments in monitoring and control, fraud investigations and convictions are still common in the day-to-day administration of banks, as can be seen in the Brazilian Central Bank and the National Financial System Resource Council’s databases of punitive proceedings. We believe that this article will have a positive impact in the area of accounting sciences, since it involves corporative fraud in a multidisciplinary form and because it provides the incentive to use a quantitative tool that can help increase the development of similar studies in the area. This study tested the theory that the dimensions of the fraud triangle condition the occurrence of corporative fraud in Brazilian banking institutions. Thirty-two representative variables of corporative fraud were identified in the theoretical-empirical review, which were reduced to seven latent variables by the principal component analysis. Finally, the seven factors formed the independent variables in the multinomial logit models used in the hypothesis tests, which presented promising results. ER -