PREVENTIVE LAW AND MANAGERIAL AUDITING
John Braithwaite
(Australian National University)
Brent Fisse
(University of Sydney)
108
Abstract
Corporations which flout the law may themselves fall victim to corporate crime. Prevention is more cost‐effective than cure, and many companies are now drawing on their managerial auditors to devise preventive law programmes. Self‐regulatory companies have the most successful record, and the five major characteristics of these are examined in detail. Examples of corporate disasters are provided to illustrate the risks of ignoring the message of this article.
Keywords
Citation
Braithwaite, J. and Fisse, B. (1988), "PREVENTIVE LAW AND MANAGERIAL AUDITING", Managerial Auditing Journal, Vol. 3 No. 1, pp. 17-20. https://doi.org/10.1108/eb002801
Publisher
:MCB UP Ltd
Copyright © 1988, MCB UP Limited