Transparent and competitive ﬁnancial management policy and practice are, gener- ally, instrumental for local, regional and global ﬁnancial stability. However, different types of fraudulent ﬁnancial activities have, from time to time, destabilized global ﬁnancial stability; we are not well equipped to combat such threats, stabilize the global ﬁnancial industry and prevent ﬁnancial fraud in a sustainable way, as the extant literature in this ﬁeld demonstrates that we have limited knowledge of ﬁnan- cial criminology. This introduction to the Journal of Operational Risk special issue shines a light on the relationship between ﬁnancial fraud risks and ﬁnancial stabil- ity. As well as highlighting the gaps in ﬁnancial fraud research, we brieﬂy discuss the papers in this special issue. We also offer an in-depth account of the emerging ﬁnancial fraud risks, and their potential impact on ﬁnancial stability, as a direction for future research.
|Number of pages||12|
|Journal||Journal of Operational Risk|
|Publication status||Published - 2022|
- ﬁnancial fraud
- ﬁnancial management
- ﬁnancial stability
- Global ﬁnancial stability