Understanding Corporate Compliance and Wrongdoing in Interdisciplinary Context

Abstract

The prevention of wrongdoing, both civil and criminal, is a growing preoccupation of businesses. The academic study of such compliance and potential wrongdoing is also a growth industry. However, much like a decentralized firm with various subunits that do not communicate efficiently with each other, academic research across fields has remained in various silos. Insights, both empirical and theoretical, in economics, finance, accounting, strategy/management and law often cover similar issues regarding compliance and corporate wrongdoing. While the frameworks, data and specific research questions may vary across disciplines, overall work in one field does not cross over into others to better inform research across each of these fields. This essay introduces new research into the topic of corporate compliance and wrongdoing in interdisciplinary context.

Keywords: corporate compliance, corporate strategy, corporate governance, Corporate fraud, Exchange listing standards, Lemons markets, mergers and acquisitions, securities regulation, accounting, cartels, white collar crime

JEL Classification: G32, G34, J33, K42