Global research shows that there is no particular model to detect corporate fraud with 100% accuracy. In India, there is very little effort made to develop early warning indicators for the financial frauds committed by the management of a company. Our joint study with Ministry of Corporate Affairs (MCA) aims at taking TARI’s previous study on corporate frauds conducted in 2013, further to develop early fraud detection indicators based on a statistical analysis of the reported cases. For more details about the outcome our study please keep a watch on our Reports section.
There are many positive ways for business to make a difference in the lives of the poor - not through philanthropy but though initiatives that, over time, will help build new markets.
Kofi Annan: World Economic Forum