The engagement in fraudulent behavior – social aspects

Fraud is a widespread and ever-evolving threat that infiltrates various sectors of society, including but not limited to financial institutions, the digital realm, and interpersonal relationships. The primary aim of this research is to investigate the influence of six social factors on fraudulent conduct and to proactively mitigate such conduct prior to its manifestation. The research employs a mixed methods approach in order to accomplish its objectives. Specifically, a quantitative method is utilized to investigate the relationship, while a qualitative method is employed to mitigate the occurrence of such behavior. In particular, a total of 112 questionnaires were administered to individuals who identified as professionals and students. Additionally, a subset of six external auditors and anti-fraud professionals were selected for in-depth interviews. The findings of the study indicate a significant and positive correlation between attitude, subjective norms, and perceived behavior with fraudulent behavior. Conversely, there exists a notable and adverse correlation between culture and fraudulent conduct. Based on the findings of the conducted interviews, it has been determined that the implementation of robust internal controls, regular training programs, and the provision of employee welfare measures are widely recognized as the primary strategies employed to mitigate instances of fraud resulting from social factors.