02388nam a2200325 i 4500 OSt 20260125164258.0 260125s2024 njua er 001 0 eng d 9789811281006 RM 563.20 hardback PPAK eng PPAK rda 23 364.1680941 364.1680941 TOM R Toms, Steven, author. SYSTEMS OF DECEIT : Financial Fraud and Scandal in the United Kingdom, 1700-2010 / Steven Toms ; University of Leeds, UK. New Jersey : World Scientific, [2024] xiii, 303 pages : illustrations, graphs ; 24 cm text rdacontent unmediated rdamedia volume rdacarrier Frontiers of Accounting and Financial History ; Vol. 4 Includes index Bibliographical : pages 267-292 "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"-- Provided by publisher Commercial crimes Great Britain History Fraud Great Britain History Scandals Great Britain History University of Leeds, UK., issuing body. Frontiers of accounting and financial history ; vol. 4 ddc B 202848 202848 0 1 PPAK R 2026-04-07 0 R 364.1680941 TOM A01909988 2026-04-07 10:18:36 B